Taiwan-based merchant cell and module producer Neo Solar Power (NSP) said its downstream IPP (Independent Power Producer) entity Clean Focus Yield (CFY) is to be listed on the Hong Kong Stock Exchange.
News in Brief: NRG commissions a 3.15MW Florida solar plant with Lakeland Electric, Power Africa reaches 30,000 new solar connections in Nigeria, PayGo solar company Azuri nets US$5 million for off-grid expansion in Africa, UPS will expand its solar capacity five-fold and India's BHEL bags its biggest single rooftop PV order.
One of Europe’s leading tracker vendors Grupo Clavijo has expanded its footprint into Asia with the 12.56MW Solar One Ceylon solar PV plant in Sri Lanka.
Taiwan state-owned utility Taiwan Power Co. (Taipower) has delayed plans to commission 500MW of solar by 2020 by two years, now scheduling 300MWp of that solar to be online by 2022.
Monocrystalline wafer producer Comtec Solar Systems Group has said in financial filings that it would report a substantial net loss for the year, due to expected write-down of the assets related to its manufacturing facilities in Malaysia and China.
Key Taiwan-based PV manufacturers have reported December, 2016 sales and indicated fourth quarter and full-year sales figures, which were primarily impacted by a slump in demand in the second half of the year.
China-based PV manufacturer GCL System Integration Technology (GCLS) has teamed with Vietnam-based OEM producer, Vina Solar Technology to establish a 600MW solar cell plant at Vina’s Bac Giang facilities.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
