Taiwan’s Motech secures $162.2 million in financing
The Taiwanese cell producer said it will use the funds to repay existing loans and finance operations.
Hemlock calls on Trump to restore access to the Chinese polysilicon market
The last round of the trade war decimated U.S. polysilicon, and Hemlock Semiconductor is calling on Trump to address this in the Section 201 remedy.
Canadian Solar lowers Q4 revenue guidance due to delayed project sale
The Chinese Tier 1 solar company had hoped to finalize the sale of six PV power projects in the fourth quarter of last year, but delays to necessary government approvals mean Q4 revenue is lively to be around $700 million lower than expected.
Argentina launches tender for supply of 120,000 solar kits
The solar kits will be installed in rural areas with no connection to the country’s power grid.
India: SECI postpones 2 GW tender, extends manufacturing deadline
The Solar Energy Corporation of India (SECI) has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expressions of interest for setting up solar manufacturing plants in India until January 29.
Researchers at Cambridge University develop new type of two-cell bio-photovoltaics
Researchers have developed and designed a new algae-powered fuel cell that is five times more efficient than existing plant and algal models, as well as having the potential of being more cost-effective to produce and more practical to use.
Switzerland: New PV additions for 2017 range between 250 and 270 MW
According to provisional figures released by Swissolar, solar demand remained stable in the country last year. Looking ahead, the association expects another 300 MW to be deployed this year.
Portugal: ‘Unsubsidized’ approved large-scale PV projects top 756 MW, first private solar PPA signed
The projects will be developed without direct public incentives and will sell power to the spot market – an option still considered unviable by the local renewable energy sector – or through private PPAs. Meanwhile, local power provider, Axpo Iberia has agreed to buy electricity from a 28 MW solar facility planned in southern Portugal under a 10-year PPA.
AES, Siemens launch energy storage platform Fluence, confirm involvement in 100 MW LA storage project
Collaboration between the U.S. energy firm and the German power electronics giant officially licensed on January 1, as details of a massive 100 MW/400 MWh lithium-ion battery storage project in California were announced.
Solaria raises $23 million, will triple manufacturing capacities
The high-efficiency PV maker plans to expand its annual production capacity to 300 MW by the end of 2018, with expansions in both the United States and South Korea.
