Citing alleged violations of the minimum import price agreement with Chinese PV manufacturers, the European Commission has moved to remove Huashun China and Seraphim China from the undertaking. Another three producers have notified the EC of their voluntary withdrawal.
Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.
Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.
Leading Indian developers Azure Global Power announced the pricing of its initial public offering on the New York Stock Exchange. The shares are expected to begin trading today under the symbol AZRE, at an initial price of $18.00 per equity share.
Japanese module manufacturer Solar Frontier has completed over 4 GW of module shipments to its customers, which are situated in 60 countries across the world, as it continues to develop its technology and expand its capacity.
The country’s transmission system operators are set to publish the newly calculated green power levy on Friday.
The levy currently accounts for approximately 22% of a customer’s total bill. For a three-person household with a consumption of 3,500 kilowatt hours a year, the tax will increase by 18 euros to 240 euros a year following the hike.
A couple of interesting announcements came out of Chinese solar company JinkoSolar today, as first it revealed a 300 MW module supply deal with PV developer Senyuan Electric, then it announced that it has agreed to sell the Jinko Power downstream business in China for USD 250 million in cash.
The Toronto-based company is launching a joint venture with Manaf Freighters that will use its unique airships to provide critical cargo, such as food, clothing, medical supplies and basic necessities, to remote areas.
The Taiwanese PV manufacturer endured a tough start to 2016, but has enjoyed an impressive 64.71% month on month increase in revenues in September, which the company hopes will propel it further as it plots further exposure in new markets.
Bloomberg’s New Energy Finance’s (BNEF) Autumn 2016 Summit kicked off in London yesterday with African renewable energy development on the agenda. What are the opportunities and obstacles to developing clean power in Africa?
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