Markets & Policy

Hanergy Holding Group has signed a three-year, $3.3 billion financing deal with Asian banks aimed at PV and hydropower projects and developing its CIGS thin-film technology.

California remained the leading solar state in terms of PV installations, while North Carolina surged into second place, displacing Arizona and New Jersey.

Deutsche Bank Markets Research is forecasting a strong year for solar, with diverse global factors coming together to improve market conditions and increase overall demand.

Exploiting China’s sun-rich northern regions, PV developer GCL-Poly has completed two solar plants with a combined capacity of 160 MW in the arid Tengger Desert and Datong.

Jiangsu Ackome, a manufacturer of solar mounting equipment, will purchase three plants from ReneSola, with a combined generation capacity of 60 MW.

U.S. manufacturer Ascent Solar has signed a deal to build a factory China’s Jiangsu Province. The city of Suqian is investing $32.5 million in the joint venture.

The global module supplier has reached a memorandum of understanding with OneRoof Energy of the U.S. to supply 50 MW of modules for its rooftop projects.

The latest acquisition brings the Hong Kong solar plant investor and operator’s total number of grid-connected projects in 2013 to 400 MW.

The global solar provider will supply 25.3 MW of modules to four solar projects in the U.S. state of North Carolina.

The state-owned nuclear technology giant says its new partnership with Yingli is reflects China’s goal of sustainable development. The companies aim to build 500 MW of distributed generation projects.