The contracts were scrapped through an auction launched in April to cancel projects selected in reserve energy auctions held between 2014 and 2015.
Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.
The Danish renewable energy developer partners with the Indian solar energy company for the supply of solar modules, as well as China’s Huawei for the its inverter solutions.
In terms of micro-grids, key to reducing diesel consumption by renewables are efficient PPAs, finds consultancy THEnergy, noting that the complexity of these contracts is much greater than in the case of grid-connected photovoltaic systems.
Module manufacturing heavyweight Canadian Solar today announced the start of commercial operation on a 27.3 MW PV power plant in Tottori Prefecture, Japan.
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.
Opinion: One of the main challenges for investors in India is to meet competitive pricing while achieving acceptable quality. Prakash Vora, senior director – Operations at Terraform Global India, explains how to ensure quality in India.
One of Chile’s major renewable energy projects, the Cerro Dominador solar complex, whose combined CSP and PV capacity is expected to reach 220 MW, has begun feeding electricity into the grid.
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