Indian energy conglomerate Jakson Group will invest US$240 million to establish a 2.5GW solar cell manufacturing facility in India. It will also expand its module assembly capacity to 2GW.
Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
A new research project, announced this week, will seek to bolster intellectual property (IP) and patent protection for European companies developing new solar cell technologies.
