Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
Major PV inverter manufacturer SMA Solar Technology has claimed to have shipped over 1GW of inverters to India in 2016, holding a 26% market share, based on its figures that the market size in the country reached 3.9GW.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has sold two PV power plants in Ontario, Canada to subsidiaries of Concord Green Energy Inc for around US$115 million.
Edisun Microgrids has launched the first dual-axis solar tracker strategically designed and built for the commercial and industrial rooftop sector. ‘PV Booster’ claims to provide yields of 20% and higher, compared to fixed mounted modules.
‘Silicon Module Super League’ (SMSL) member Trina Solar has supplied 33,800 multicrystalline 260W 60-cell Honey modules to the Yahyalı Solar Power Plant in Turkey, said to be one of the largest plants built in the country to date.
Amazon Web Services (AWS) said that it would add a further 180MW of solar PV power plants from five projects in Virginia to the grid before the end of 2017 as part of its strategy to of powering the AWS Cloud with 100% renewable energy.
US-based PV project developer Swinerton Renewable Energy’s O&M subsidiary, SOLV said it had added 1.25GW of PV assets to its operating fleet in 2016, taking PV asset management to 3.25GW.
China-based PV project developer SPI Energy said it had finally received its first feed-in tariff (FiT) payments on a 10MW power plant that was grid connected in December, 2013.
PV power plant system integrator Phoenix Solar said that delays to building power plant projects in the US and Turkey would result in lower than expected full-year 2016 revenue and profits.
