Barclays has facilitated the sale of JPY 4.67 billion ($42.2 million) of project bonds to support the development of 14.5 MW of solar projects in western Japan.
Demand for small-sized PV systems remained strong in Germany in July, while growth of large-scale plants was lower than in the previous months.
Agreement signed between India’s Ministry of New and Renewable Energy & GIZ Germany seeks improvement of framework conditions for grid integration and renewable energies.
The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment.
Switzerland’s ABB has further consolidated its market presence in India’s burgeoning renewables sector, surpassing a 5 GW supply milestone. The company claims its inverters now power 40% of various solar projects across the country, whose accumulated capacity stands at 13 GW.
The projects are being developed in partnership with German EPC contractor InTEC Energy Solutions in the Turkish provinces of Denizli and Erzurum.
A team of scientists representing the photoNvoltaics project, funded by the European Union, has been able to develop a crystalline silicon cell with an effective thickness of just 830 nano-meters.
Panda Green Energy has recorded a profit of CNY 277 million ($41.9 million) for the first half of 2017, up 7% year on year, as it expanded its aggregate installed PV capacity by 468.1 MW.
The contracts were scrapped through an auction launched in April to cancel projects selected in reserve energy auctions held between 2014 and 2015.
Governments of cash-strapped developing nations should start exploring a range of innovative financing solutions to support the development of environment-focused infrastructure projects such as financially bankable solar installations, the Asian Development Bank (ADB) says in a new report.
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