GCL-Poly Energy has revealed plans to sell off a stake in a subsidiary that is building a massive polysilicon plant in northwestern China, while injecting CNY 2.99 billion ($452.1 million) of fresh capital into another group unit to strengthen the competitiveness of its monocrystalline silicon business.
Inner Mongolia Energy Engineering (IMEEI) has agreed to acquire stakes in two companies that own operational PV projects in China for a total of CNY 484.6 million (US$73.25 million).
Abu Dhabi-based clean energy group Masdar has signed a project development agreement with a unit of Indonesian state utility PT PLN to build a 200 MW floating solar plant.
A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.
A subsidiary of Manila-based logistics firm, Harbor Star Shipping Services has agreed to acquire a 60% stake in Astronergy Development Gensan (ADGI), which owns the rights to build a 25 MW solar project in the Philippines.
Japan Renewable Energy (JRE) has started operating a 9.8 MW solar array, marking the completion of its first PV project on the Japanese island of Shikoku.
A unit of Tokyo-based asset manager Sparx has set up a new JPY 20 billion (US$17.95 million) fund to invest in operational renewable energy projects throughout Japan.
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.