Project destined to provide power to National Electric Networks of Uzbekistan is first in a 1GW solar programme being developed by the government and the Asian Development Bank.
According to reports, the CPIA (China Photovoltaic Industry Association) is expected to seek Chinese government support for the sector as the coronavirus continues to spread.
Purchase of 22 contracted and operational projects across three US states is the latest in a series of PV acquisitions by the London-listed investment firm.
PV Tech visits Huanghe Hydropower Development Co (HHDC) in Qinghai, China, to identify the driving factors behind the energy giant’s solar push which has seen it take the mantle as the world’s largest PV plant operator.
Italian media are reporting arrests have been made after a probe launched into how a huge number of solar panels earmarked for recycling were subsequently re-labelled and sold to some unspecified African countries.
New affiliate Cardinal Renewables will acquire solar projects that venture partner Alchemy Renewables will then manage, operate, maintain and place tax equity financing for.
New PV and wind could outcompete most existing fossil fuel capacity by 2025, outfit predicts as it lays out timetable for the 5.8GW renewable project backlog it amassed last year.
A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.