In June this year, the German Federal Network Agency registered a rather low 95.5 MW of PV capacity, depicting the same story as in the last months. Of that, 56.8 MW came into operation.
The latest Deutsche Bank “Solar sector update” states the U.S. continues to drive global solar demand and the residential market retains its draw for investment.
Welspun Renewables has commissioned a 34 MW solar PV plant in Punjab. It has signed an MOU to develop a further 151 MW in the state, and is said to be targeting 11 GW of renewable installations in India.
Bulk of the loan ($62 million) will be used to support the Chinese solar company’s long-term fixed assets, with a further $8 million (RMB50 million) loan to be used for working capital at its Malaysia factory.
GCL New Energy Holdings Limited, via two subsidiaries, has signed two EPC agreements with CNI Energy, a wholly owned subsidiary of CNI (Nanjing)
Energy Development Company Limited, to install 90 MW of solar PV plants in China, worth around US$98.5 million.
Another low bid of INR5.17 (US$0.08) per kWh has been quoted by SkyPower in the Telangana solar tender. The financial bids for some 2,000MW opened yesterday in the southern Indian state.
The Ketura Solar PV plant in the south of the Arava Valley in Israel has been connected to the grid. The 40MW project was developed by Israeli solar company Arava Power and EDF Énergies Nouvelles Israel, a subsidiary of the French national electric corporation, EDF.
General Electric, better known as GE, will be supplying the 96.2MW Hosoe PV plant in Kyushu island, Japan, with power solutions. The company has crafted a solution package for smooth running of such MW projects.
Developer announces hitch in its $300m deal to buy Chinese plant portfolio. Details of the acquisition, due today, have been delayed by up to four weeks.
Canadian Solar will supply inverters and PV panels as a bundled system solution to three ground-mounted PV projects on farms in California. Renewable Solar Energy is developing these sites.
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