The deal will see SPI Solar purchase a raft of solar PV projects from TBEA Sunoasis across a number of Chinese provinces.
The lithium ion battery manufacturer plans to acquire a 500 MWh-capacity manufacturing plant for the production of lithium ion electrodes and other products.
The solar subsidiary of NRG Energy is set to open two new offices in the state, creating 100 new jobs as it augments its West Coast operation.
The installation marks the start of the Spanish company’s activities in Argentina’s PV sector. The province of San Luis has plans to install 3 GW of PV power through 2030 and Ingeteam is aiming to increase its supply of equipment in the region in the coming years.
The Shanghai-based company will spin off Jinko Power following separate agreements with China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital.
The Chinese solar producer also posted net revenues of $492.2 million, up 25% on Q2 and a huge 71.8% rise on last year’s figures.
The output power of the record-setting solar modules can be further improved by fine tuning the company’s module assembly process and encapsulation materials, the company says.
While the technologies are not currently in production, they will be part of the company’s future commercialized Honey Plus and IBC products, says Trina Vice President and chief scientist Pierre Verlinden.
Customers and PV installers will now be able to choose Canadian Solar products in their Sunrun home solar system.
In its new India Solar Rooftop Map, consultancy group Bridge to India forecasts 1.5 GW of rooftop solar in the country by 2018. More than 285 MW of rooftop projects have been commissioned so far, with Tamil Nadu the leading state with over 50 MW.
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