Strengthening its financial position with an injection of capital, Germany-based Hanwha Q CELLS will expand production capacity and push its global business with power plant solutions and services.
The installation is comprised of two solar plants that will supply 13,000 local households with clean renewable energy.
Japanese demand for PV modules is exploding and the country is on track to become the second-largest solar market in the world behind China. Looming FIT cuts are unlikely to curb demand in the next two years, says EnergyTrend.
Having undergone a restructuring process following a takeover by Chinese manufacturer STGCON, the Erfurt-based company will resume production next week.
The California-based large-scale solar power project developer is looking to exploit opportunities in Australia’s off-grid mining sector.
The French utility company’s first green bond offering will raise a total amount of 1.4 billion, 25% of which will be earmarked for solar power investment.
The British government says it will “rebalance” renewable energy subsidies in order to encourage private investment in offshore wind projects.
New figures have revealed that Australia has now installed 3 GW of solar PV. Rooftop arrays continue to dominate the market.
Total grid-connected solar capacity in China is set to triple to 10 GW by the end of the year. The country installed nearly 36 GW of new and renewable energy capacity in the first 10 months of 2013.
The Solar Trade Association applauded the move but took issue with some aspects of the country’s new Electricity Market Reform, adding that developers may continue to rely on the existing Renewables Obligation scheme until 2017.
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