Markets

The Taiwanese contract electronics manufacturer — also known as Hon Hai Precision Industry — has wrapped up its 388.8 billion yen ($3.8 billion?) purchase of a 66% stake in the troubled Japanese group.

U.S. solar energy solutions provider SunLink has partnered with Indian engineering company Ganges Internationale to help facilitate solar deployment in India, as part of an agreement to develop 1.4 GW of solar in India over the next five years.

It is the first ‘official solar partnership’ that the world’s largest theatrical producer has ever entering in, and conveniently it is with the world’s largest PV manufacturer, which will see the two global powerhouses promote each other’s brands and offer a selection of benefits to one another.

The next step is to put the legislative decree that contains the country’s adherence to the agreement into effect by official proclamation. To reduce the country’s emissions, Brazil will take measures to increase reforestation, but also to promote renewable energies.

The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.

The environmental group’s latest report looks at 10 communities in the United States that are moving to 100% renewable energy.

Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.

The German PV and polysilicon equipment supplier increases sales in its PV and semiconductor sector to EUR 42 million over the first half of the year, reveals new orders of EUR 85.4 million.

The German high-tech equipment manufacturer posts negative EBITDA of EUR -4.5 million following unexpected order stop from a major customer in its storage segment. Company expects revenue to pick up again for Q3.

The International Renewable Energy Agency has added a new feature to its Global Atlas that it hopes will accelerate growth in the renewable energy sector worldwide by providing more detailed resource data in an effort to facilitate easier entry into new markets. The agency is working with Finnish measurement group Vaisala, which is making the information available.