India installed 5.5GW of utility-scale solar capacity in the last fiscal year and the country is expected to add another 8GW in the coming year, according to consultancy firm Bridge to India’s ‘India Solar Map’.
With the Renewable Obligation Certificate (ROC) scheme for UK-based solar incentives finishing on 31 March 2017, the domestic sector once again showed its resilience by installing a healthy 640MW during Q1 2017.
Despite the major exhibition having a European tag, Intersolar Europe remains one of the most ‘international’ solar trade shows on the event calendar. As a result, new products launched at this show predominantly reflect trends and developments across multiple markets. On the first day of the exhibition, several new products stand-out for attention. More Day 1 updates are to follow.
PV power company Canadian Solar announced Thursday that it has acquired a minority equity interest in eNow — a US-based company specialised in solar-based energy management systems for the commercial transportation industry.
This week's Movers & Shakers segment features executive shuffles in energy storage companies and an O&M firm, while examining a new merger between Spain's Gamesa and Siemens Wind Power. Spain's Renewable Energy Association elects a new president for the next four years, and Jon Wellinghoff exits SolarCity amid the US$2 billion Tesla acquisition.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured a US$97 million debt facility for a 92MWp project in North Carolina, US, from Prudential Capital Group and a tax equity investment commitment from US Bancorp Community Development Corporation (USBCDC).
PV Tech’s preliminary analysis of global solar PV manufacturing capacity expansion announcements in the first quarter of 2017, show a strong rebound compared to the significantly subdued environment experienced in the second half of 2016.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has completed the sale of a further two solar power plants in China, totalling approximately 69.5MWp to Shenzhen Energy Nanjing Holding Co.
Solar power company Canadian Solar announced Thursday that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a three-year credit agreement with Sumitomo Mitsui Finance for US$35 million.
