China claims 34.2 GW of PV installations in 2016
The estimated 34 GW is far more than analysts had predicted, and nearly doubled the nation’s installed solar capacity.
Canadian Solar secures US$210 million loan for Thailand facility
Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.
Ecoppia completes 40 MW deployment on Israel/Jordan border
The Israeli manufacturer today announced that it has completed the retrofitting of its robotic cleaning technology to the 40 MW Ketura solar plant in southern Israel.
SPI threatened with de-listing over delinquent financials
The Chinese solar developer has yet to file financials for the second quarter of 2016, which has caused it to run afoul of NASDAQ requirements.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
PV, micro-grids win the bulk of IRENA funding for developing countries
The fourth round of a joint project facility between Irena and the Abu Dhabi Fund for Development that finances renewable energy projects in developing countries has been announced. Solar PV and micro-grid technologies attract the main bulk of funding.
The pv magazine weekly news digest
It’s back to business as usual for solar in the second week of January. After a brief new year’s rest, the global industry is hitting 2017 at full speed and already showing the beginnings of another action packed year.
United PV’s generation jumps 25.6% in Q4
The aggregate volume of electricity generated by the Hong Kong-listed group’s solar plants reached 342.8 GWh in the final three months of 2016, up from 254.9 GWh a year earlier.
AES, Mitsubishi tie up on India’s first grid-scale storage array
The U.S. power group and the Japanese industrial giant will jointly supply a 10 MW Advancion energy storage bank to help integrate renewables such as solar into a grid network operated by Tata Power Delhi Distribution (Tata Power-DDL) in New Delhi.
Solar Power Europe: “Innovation in business models and financing is key”
A report published this week by EU trade body Solar Power Europe puts emphasis on innovative business models and financing schemes as the key drivers taking solar to the next stage in its development across the continent.
