The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment. 

Panda Green Energy has recorded a profit of CNY 277 million ($41.9 million) for the first half of 2017, up 7% year on year, as it expanded its aggregate installed PV capacity by 468.1 MW.

Governments of cash-strapped developing nations should start exploring a range of innovative financing solutions to support the development of environment-focused infrastructure projects such as financially bankable solar installations, the Asian Development Bank (ADB) says in a new report.

Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.

Huadian Power International (HPI) has recorded a loss attributable to shareholders of CNY 181 million ($27.5 million) in the first half, despite revenue of CNY 36,423 million, up 24% year on year.

Beijing Enterprises Clean Energy (BECE) reported an unaudited profit of HK$636 million ($81.3 million) for the first half of 2017, from just HK$71.4 million a year earlier, as it connected roughly 210 MW of new solar capacity to the grid in China.

Comtec Solar Systems will likely record a net profit of roughly CNY 8.8 million ($1.3 million) in the first half of this year, marking a sharp turnaround from the CNY 6.4 million net loss it posted in the first six months of 2016.

Banpu, Thailand’s biggest coal miner, has jumped into downstream solar project development, with the launch of a new subsidiary that aims to install 300 MW of solar capacity over the next five years.

China Singyes Solar Technologies has recorded a profit of CNY 80.98 million ($12.3 million) in the first half of 2017, down roughly 75% year on year, as it connected just 58.5 MW of fresh PV capacity to the Chinese grid.

China’s BYD has recorded a profit attributable to owners of the company of CNY 1,723 million ($259.8 million) for the first half of 2017, down 23.8% year on year, as revenue from its PV and rechargeable battery business slid 15.8% from a year earlier.