JinkoSolar supplied modules for 140 MW PV plant in Minnesota
Chinese PV manufacturing giant, JinkoSolar, was chosen to supply its 72-cell solar modules to the North Star Solar project in Minnesota, U.S., which will be the largest solar plant in the American Midwest once it is connected to the grid later in the year.
Mosaic closes deal for a USD 250 million financing facility from Deutsche Bank
The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a USD 250 million facility from Deutsche Bank, as it aims to have USD 1 billion available for solar loans by summer 2017.
Hanwha Q Cells records 65% YoY revenue increase for Q3
South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.
Solar plus storage systems being installed in 25 villages in Mali
Energy transition start-up Africa Green Tec has entered into a cooperation agreement with German energy storage systems manufacturer Tesvolt to deliver its lithium batteries alongside 50 solar containers, with a total capacity of 3 MWh, to 25 Malian villages.
Sweden to effectively scrap solar energy tax: reports
The Swedish government is poised to introduce a 98% cut to a controversial tax on solar energy after receiving sustained criticism from environmentalists, reports Reuters.
TSEC increasing manufacturing capacity by 450 MW
Solar cell and module manufacturer Taiwan Solar Energy Corp (TSEC) announced plans to increase its annual solar cell manufacturing capacity by 450 MW using finance it accrued through loans and new share issuances, while it is also planning to build a 1 GW solar module manufacturing facility.
GCL and CCEC to develop 1 GW solar PV project at Chernobyl site
China National Complete Engineering Corporation (CCEC) will work alongside two Chinese solar companies, including GCL-SI, to develop a mammoth PV plant over 1 GW, at the site of the Chernobyl nuclear disaster in Ukraine, which took place 30 years ago.
Adani to develop 200 MW to 400 MW of solar PV in Australia
The Indian mining and energy firm, Adani, has secured land agreements to build two utility-scale solar PV plants in Australia, each with a capacity between 100 MW to 200 MW.
New 41 MW solar plant planned for Zimbabwe
Private energy company TD Energy has announced plans to invest USD 80 million in a 40.8 MW PV project in the Zimbabwean town of Norton, with the goal of steering the country’s energy deficit solutions in the direction of renewable energy.
Module price slump weighs on Canadian Solar Q3 revenue
The Tier-1 Chinese solar company sees third quarter revenue contract 18.4% sequentially and 22.7% year-on-year due to tumbling module prices; shipments come in below guidance.
