China-based PV project developer GCL New Energy (GCL-NE), a subsidiary of leading clean energy conglomerate GCL Group announced that it had purchased PV modules from both Wuxi Suntech and Hanwha Q CELLS in order to meet Chinese FIT construction deadlines, instead of typically using sister company GCL System Integration’s (GCL-SI) PV modules.
Leading global single-axis solar tracker manufacturer NEXTracker has teamed with Turkey-based fixed mount manufacturer, Vergo Energy with an initial master supply agreement (MSA) totalling 775MW for PV power plant projects in Turkey and some of its neighbouring countries.
Project developer ReneSola will sell a 206.8MW portfolio of Chinese distributed generation projects to the Canadian investor Brookfield Asset Management.
NextEra Energy Partners (NEP) has added a total of 692MW of PV power plant projects, including Distributed Generation (DG) programs to its renewable energy project pipeline.
Australian-based PV asset owner of New Energy Solar (NEW) has acquired an 87MW (AC) PV power plant, currently under development from leading CdTe thin-film module manufacturer, First Solar.
As module suppliers adapt to the slowdown of Chinese module demand in 2018 and 2019, global EPCs and developers are likely to see new Asian-produced panels being offered for both rooftop and ground-mount installations.
China-based integrated PV module manufacturer Wuxi Suntech Power Co has recently renewed its 25-year module performance warranty cover with Munich Re Group and Ping An Insurance, the fifth consecutive year, Suntech has cooperated with the both insurance companies, since 2014
