Yingli posts $355 million net loss in Q3
Yingli Green Energy’s net loss widened to RMB 2.3 billion ($354.9 million) in the three months to the end of September, from just RMB 335.4 million a year earlier, as its PV module shipments fell roughly 48% from the preceding quarter to 597.7 MW.
China to tackle curtailment with new PV monitoring system
China’s National Energy Administration (NEA) has revealed plans to monitor and evaluate PV projects to help channel investment into parts of the country where solar curtailment is less of a problem.
Japan may surpass 2030 PV target of 64 GW within two years — RTS
Japan may reach its 2030 solar installation target of 64 GW about 10 years ahead of schedule, according to a new report by PV consulting firm, RTS Corp.
Solar Frontier to venture into BIPV — report
Japan’s Solar Frontier plans to start integrating its thin-film PV technologies into materials for walls and roofs, with sales expected to begin before the end of the decade, according to a recent report.
Sunverge to build VPP project for TEPCO in Japan
Sunverge Energy has revealed plans to install “dozens” of energy storage units in eastern Japan, as part of a virtual power plant (VPP) project under regional utility Tokyo Electric Power (TEPCO).
GCL-Poly sells stake to back new polysilicon plant
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.
IMEEI to acquire 60 MW solar stake in China for $73 million
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).
MBSB to finance 50 MW in Malaysia
Malaysia Building Society Berhad (MBSB) has agreed to provide up to 247 million ringgit (US$60.4 million) of Islamic financing to Solar Management (Seremban) Sdn Bhd to back the development of a 50 MW solar project in Peninsular Malaysia.
Masdar to build 200 MW floating PV array in Indonesia
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.
SUSI to provide $94.3 million to back Canadian storage projects
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.
