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Markets & Policy

Etrion buys $7.4 million of corporate bonds

Etrion has revealed that it has purchased €6.3 million ($7.4 million) of its outstanding corporate bonds.

Albania: ten more PV projects up to 2 MW apply for regulated tariff of €100/MWh

In addition to ten project proposals for solar parks not exceeding 2 MW, the Albanian Ministry of Energy and Industry has also accepted an application for a 5 MW PV facility.

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Banco do Nordeste finances 482 MW of solar projects in Brazil

The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.

Oman to launch tender for more than 200 MW of solar by end of 2017

The tender, where capacity may even reach 500 MW, is part of the Oman government’s plan to diversify the country’s energy mix.

Hemlock Semiconductor to lay off 100 workers

The U.S.-based polysilicon maker has been in trouble since the imposition of Chinese trade duties on imported polysilicon in 2013.

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Sun Exchange raises $1.6 million

The U.S.-based peer-to-peer solar equipment leasing marketplace Sun Exchange will use the funds for its pipeline of commercial-scale solar power projects.

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GIC announces undisclosed investment in Japan’s JRE

GIC Private Ltd., Singapore’s sovereign wealth fund, has said that one of its affiliates will become a corporate partner in GS Renewable Holdings GK, the parent of developer Japan Renewable Energy (JRE).

Tonga commissions its MW-sized solar facility

The Matatoa Solar Project was built and is being operated by China’s Zhuhai Singyes Green Building Technology Co. Ltd.

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Daqo to expand polysilicon output in Western China

Daqo New Energy has secured approval from its board of directors to proceed with its so-called “Phase 3B expansion plan” for its polysilicon plants in Western China’s Xinjiang region.

Scatec reports strong revenue and profit growth

Most of the large revenue increase is due to construction revenues in Honduras and Malaysia and to project development margin on a transaction that the company closed with Norwegian oil producer Statoil in Brazil.

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