The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.
OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
The worldwide market for module-level power electronics (MLPEs), including PV microinverters and power optimisers, is expected to reach US$1 billion by 2019, according to IHS.
Australia’s Clean Energy Finance Corporation (CEFC), the government body aiming to mobilise capital investment in the country’s renewable energy sector, has introduced an AU$250 million (US$175 million) financing programme for the development of large-scale solar.
Petroleum Development Oman (PDO) — the largest generator of oil and gas in Oman — and solar enhanced oil recovery (EOR) company GlassPoint Solar has announced its mission to develop one of the largest solar plants in the world.
The leading dedicated solar website PV Tech and sister downstream technical journal, PV Tech Power are to carry out a major survey in cooperation with DuPont Photovoltaic Solutions to assess the current state of the global photovoltaic (PV) market as it relates to quality, reliability and durability of PV modules.
Downstream solar firm Conergy is to purchase inverters from Chinese inverter manufacturer Sungrow under a newly announced partnership between the two companies.
More than 7.7 million people were employed in the renewables industry in 2014, an 18% rise from 6.5 million the previous year, according to a new report from the International renewable energy agency (IRENA).
