The Indian group’s solar portfolio has swelled by roughly 930 MW over the past 10 months, largely on the back of its $1.45 billion acquisition of Welspun Group’s 1.15 GW clean energy business last spring.
The Saudi Arabian power group and the Jordanian government have agreed to build the project in the eastern province of Risha by the first quarter of 2019.
The estimated 34 GW is far more than analysts had predicted, and nearly doubled the nation’s installed solar capacity.
Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.
The German battery manufacturer was chosen by the prize as the winner in the small & medium enterprise category. Sonnen CEO Christop Ostermann received the US$1.5 million award at the opening ceremony of the World Future Energy Summit in Abu Dhabi.
Solar PV’s dynamism stems from its ability to take on different forms. An emerging application for the technology is seawater desalination using electricity generated through solar PV.
The Israeli manufacturer today announced that it has completed the retrofitting of its robotic cleaning technology to the 40 MW Ketura solar plant in southern Israel.
The Chinese solar developer has yet to file financials for the second quarter of 2016, which has caused it to run afoul of NASDAQ requirements.
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
The German PV maker will introduce the diamond wire saws at Europe’s largest solar wafer plant in Freiberg.
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