GCL-Poly, Tianjin Zhonghuan reveal polysilicon tie-up
GCL-Poly Energy has signed a framework agreement with semiconductor manufacturer Tianjin Zhonghuan, under which the two sides will collaborate of the production of polysilicon and wafers, in addition to downstream PV project development.
Enphase CEO Paul Nahi steps down during second-quarter earnings call
In a move that caught some by surprise, the third member of the founding team at Enphase said he felt it was time for a new CEO to continue its global growth. The company expects to name a new CEO by Aug. 31.
India H1 solar installs surpass last year’s 12 month total, finds Mercom report
Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.
India energy ministry plans 7.5 GW support program for domestic solar manufacturing
The Ministry of New and Renewable Energy has initiated the second phase of its CPSU program to provide installation capacity totaling 7.5 GW of solar projects made using domestically manufactured solar cells and modules.
Enel gets environmental approval for 290 MW solar park in Brazilian state of Piauí
The Nova Olinda project will be located near Ribera do Piauí, in the microregion of Alto Médio Canindé.
India: Azure Power to issue $500m solar green bond
The green bond offering will be the first of its kind to be issued in India, and comes via Azure Power’s stated aim to continue promoting and investing in renewable energy in the country.
IDFC acquires 190 MW of Indian PV projects from First Solar
The infrastructure fund of IDFC Alternatives has signed an agreement to purchase 190 MW worth of solar PV assets from First Solar Power India, an affiliate of First Solar Group. The projects are located om the states of Andhra Pradesh and Telangana.
India solar dumping case reaction: “Tariffs are a half-baked measure”
Rahul Gupta, founder and MD of Indian solar developer Rays Experts tells pv magazine that the anti-dumping case lodged against Chinese, Taiwanese and Malaysian solar companies could deliver temporary blow to India’s solar momentum, but in the longer-term it might be best for the sector.
Greece’s PV restart: Hellenic Petroleum secures financing for at least 8.6 MW
Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.
Canada’s Nova Scotia gets residential solar PV investment fund
With the primary purpose of financing residential PV in Canada’s province of Nova Scotia, the Solar Community Economic Development Investment Fund (CEDIF), dubbed Solar Scotia Energy, has recently met its minimum funding needed to start and to date has raised nearly one million dollars.
