IDFC Alternatives looking to buy First Solar’s India assets
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
Singyes Solar records 43% rise in net profit in 2016 full-year financials
The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.
Albania preps to host first utility-scale PV projects
Albania’s Ministry of Energy and Industry has received an application for a 1.7 MW PV project last week. This is one of several large-scale PV project proposals that were submitted to local authorities over the past few months.
Yingli reduces losses despite Y-o-Y drop in revenue and shipments for 2016
The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.
Neoen plans $250 million solar project in Argentina
The French independent power producer is planning the construction of a 200 MW solar facility in the Argentinean province of Tucumán.
GTM Research: global solar market to see 9% growth in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
Solek Group issues bond to finance 60 MW of PV in Chile
The Czech solar developer intends to issue public bonds worth 500 million CZK ($19.9 million). The company will use the net proceeds to finance part of a 60 MW PV project pipeline in northern Chile.
Solar Frontier sells 40 MW to Dominion
The U.S. development unit of the Japanese CIS thin-film manufacturer has completed the sale of the 40 MW (DC) Midway II project in California.
Armenia sets up commission to support large-scale PV projects
The Armenian government said the new commission will supervise the development of six solar projects totaling 110 MW.
Aquila Capital sells 38.4 MW in Japan
The German asset manager has completed the divestment of its second solar project in Japan.
