Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
Following recent announcements from the government departments administering India’s solar PV growth ambitions, the country is now in the process of working out how to expand its domestic upstream manufacturing capacity, at a time when the PV industry is going through a period of rapid technology-change and supplier competition.
Major China-based PV inverter manufacturer Sungrow Power Supply Co has confirmed that it was selected by GRIDSERVE to provide specially adapted central inverters and ESS (energy storage systems) to a subsidy-free 34.7 MW PV park being built in Hull, UK for Warrington Borough Council.