Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.
The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.
The Chinese group has finalized its acquisition of the entire equity interest in Luxembourg-based Notus Investments 2 S.à r.l., which owns 82.4 MW of operational solar capacity at six undisclosed sites throughout the U.K.
The value of the country’s solar imports and exports hit US$1.22 billion (R83.1 billion) from the start of the current fiscal year in April to the end of October 2016, up nearly $1 billion from the same period a year earlier, according to Mercom Capital.
The Chinese PV module and cell manufacturer expects a net loss of 380 million yuan (US$55.2 million) to 480 million yuan for the 12 months to December 31.
The Clean Energy Finance Corp. (CEFC) will provide A$5 million (US$3.76 million) to help the grid-integration specialist expand its operations.
SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.
The Tokyo-based renewables developer completed the project last week in Waianae, on the Hawaiian island of Oahu. It is the company’s second biggest utility-scale PV array in the U.S.
Hanergy Thin Film Power (HTF) says it will not contest an order by Hong Kong’s Securities and Futures Commission (SFC) to pay outstanding debts to its subsidiaries, as it seeks to resume trading of its stock.
The developer connected the massive installation to the grid earlier this month in eastern China, roughly 150 kilometres south of Shanghai.
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