Kong Sun surpasses 1 GW in China
The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.
JAG to raise $47.6 million with project bonds in Japan
JAG International Energy aims to raise ¥5.4 billion ($47.6 million) to fund the completion of a 17 MW solar project north of Tokyo.
Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Genex Power secures $76.8 million for 50 MW Australian mine PV
The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
Sparx’s clean-energy investments hit $1.2 billion in Japan
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.
Sumitomo Corp. to develop 32.3 MW in Fukushima
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.
United Photovoltaics buys 82 MW in U.K.
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.
Mercom: India’s April-October PV imports up 40%, exports down 22%
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.
Hareon forecasts 2016 net loss of up to US$69.8 million
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.
GreenSync secures $3.8 milllion from CEFC
The Clean Energy Finance Corp. (CEFC) will provide A$5 million (US$3.76 million) to help the grid-integration specialist expand its operations.
