The funding is for 48 identified solar projects spanning two SunShot programs designed to advance solar power technologies in the U.S.
The U.S. arm of the troubled solar power company can expect to receive a $6 million infusion of cash from its lenders, which have also permitted the sale of non-operational assets.
Net proceeds from the bond issue will be used to finance the company’s international expansion and the relaunch of Elettronica Santerno, the unit specializing in inverter production.
Group unit Suzhou GCL Operation has agreed to provide operation and management services for 353 MW of solar capacity owned by PV investor Suzhou GCL-Poly throughout China.
Felix Fang, Growatt’s Marketing Director, talks to pv magazine about the Chinese firm’s central and string inverter technology, global expansion, post-sales service and the growing importance of storage.
The country’s new minister for renewable energy said that a special committee for the tender will be now established, and that the results of the review will be published together with her new action plan for renewables.
The PV panel manufacturing facility is being built by local company Faso Energy with the support of the country’s government and Spanish equipment provider Mondragon.
Commissioning of the ultra-mega solar plant due tomorrow following completion of final developers’ portions of capacity. Kurnool solar park will become world’s largest operational PV plant.
The Spanish tracker and mounting specialist will supply 202 of its STI H1250 trackers to the Assú V solar park in Brazil’s Rio Grande do Norte.
The sale of the Taiwanese company’s Zhunan fab for around $41 million is part of wider transformation strategy towards monocystralline PERC production.
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