The Japanese company posted net income of JPY 36,153 million ($350 million) in the first half of fiscal 2017, partly due to the weakness of its solar business.
Facing a lawsuit in the region of $1 billion filed by polysilicon producer Hemlock Semiconductor Corporation, the Chinese Tier 1 solar company has today reached a settlement at the Supreme Court of the State of New York.
The troubled Chinese PV group has provided PV modules for a trial addition to the 3 million ($3.3 million) Dutch project via is Arizona-based Global Solar unit.
The two members of the GCL Group have entered into an agreement for the purchase of 37.9 MW of solar modules, which will be used for a plant in the U.S., as GCL continues to make moves after withdrawing from the EUS minimum import price undertaking.
The Swiss energy storage solutions company has been selected by Swiss Green Electricity Management Group to act as EPC contractor and energy storage provider for the 20 MW Marengo Energy Storage Plant in Chicago, as part of a new strategic partnership between the pair to supply grid-scale battery solutions.
Adenium Energy Capital will build the solar plant for cement manufacturer Lafarge Jordan at its Rashadiya cement plant, as the company looks to reduce production costs at the facility, and prefers to pursue methods that fit in with the countrys renewable energy strategy.
The Swiss developer has connected the project to the grid in Shizukuishi, in northeastern Japans Iwate prefecture.
The Iron Horse is the first energy storage project for E.ON North America, and accompanies a 2 MW PV system.
Analysis by Bloomberg New Energy Finance projects Indian renewables sector to grow by at least 10 GW next year as investments pour into large-scale solar, rooftop solar and off-grid sectors.
General Frame Agreement signed with EPC ELSE Enerji Ltd. for the delivery of string and central inverters for PV projects to be realized within one year.
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