China’s polysilicon price finally stabilised this week, according to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, following several long-term contracts being signed, helping to reduce market volatility in the short-term.
The announcement from Tongwei on 10 August disclosing new cell price rises was a surprise for the whole PV industry. Compared to its previous quote on 24 July, the price of poly cells rose by another 6 USD cents/W, with a further increase of 8 cents/W for 156.75mm, 158.75mm and 166mm mono cells.
After signing off on a financing partnership with the Green Climate Fund (GCF), XacBank has become the first private bank in Mongolia to fund the completion of a large-scale PV project.
GCL System Integration Technology and Solarpro Holding and delivered on 21MW of Poly Perc modules for the construction of MET Dunai Solar Park, one of the largest PV projects developed in Hungary.
India’s unusual tender for 5GW of PV manufacturing capacity linked with 10GW of solar projects has been called many things, ranging from pioneering to fanciful, but the earliest stages have seen some of the global industry’s biggest names toss their hat in the ring.
France-based floating PV specialist Ciel & Terre (C&T) International has commenced construction of a 70MW floating solar plant for Chinese state-owned developer CECEP on a clay quarry lake in Anhui Province, China.
CIT Group, a commercial lending and leasing provider, has served as the sole lead arranger for a US$59.8 million loan facility to China’s GCL New Energy for its 84.5MW solar portfolio in North Carolina.
