Markets

Trina Solar and rooftop PV developer Asia Clean Capital (ACC) have agreed to jointly build more than 300MW of solar capacity in China over the next three years. Under the terms of their cooperation agreement, Hong Kong-based ACC will build the projects and provide financing.

Toshiba has agreed to supply Integrated control systems for 10kWh storage batteries that will be used in a “virtual power plant” pilot project in Japan.

The government of the Australian Capital Territory has received 17 proposals for its Next Generation energy storage auction, under which as much as AUD$2 million ($1.5 million) will be allocated and shared between five companies to install PV solar storage solutions in Canberra.

The funding is part of an expansion of C&I developer REC Solar’s channel partner program.

The amount of rooftop solar installed across Australia is expected to break through the 5GW mark in July, reaching a remarkable milestone in a sector that was virtually non-existent in 2009.

The solar PV giant will receive JPY6.2 billion (USD60 million) from Prudential Capital Group, which will be used to finance over 20 MW of PV projects within the country, as Canadian Solar continues to diversify its portfolio.

The investigation by the European Commission will determine whether the three companies breached minimum import price (MIP) rules for Chinese PV exporters to the EU during transactions in 2015, which would result in them being removed from the MIP undertaking and incurring duties on their PV exports.

After three weeks of intense voting, pv magazine and Hanwha Q CELLS is happy to declare Maxx-Solar Energy as the winner for its inventive project: delivering innovative financing solutions for solar PV in Africa.

Country’s Ministry of Civil Aviation to work with the Airports Authority of India to install solar PV arrays at a number of airports across the country.