China Sunergy is continuing the internationalization of its production by bringing online a 200 MW PV cell factory in South Korea.
The project will enable four major hotels to generate 100% of their electric power needs from solar energy.
The company follows Goldman Sachs Group, which has been arranging solar bonds in the country since 2013, financing 16 solar projects to date. Renewable energy generation is expected to double its overall share in the next 15 years.
Local developers at the Solar Energy U.K. trade fair are feeling the heat as the British government winds down its solar incentives. Industry insiders predict a wave of consolidation as the U.K.’s solar pie continues to shrink.
Crowdfunding is not new to the company, which last year raised some $1.6 million for a 1 MW solar plant in Shenzhen, marking the first crowdfunding effort for a PV project in China.
The Spanish company has gained a foothold in the PV operation and maintenance market in Honduras and Uruguay while also winning new contracts in the U.K. and Panama, solidifying its position as a leading O&M player around the globe.
The French-headquartered tracker developer announces launch of Exosun Brazil, a JV between Exosun SAS and Ecoluz Part. SA; company will focus on the growing opportunities in Brazilian market.
Chile’s government roadmap calls for 41% of the nation’s electric demand to be covered with solar and wind, with nuclear phased out.
A 25 MW solar PV project is expected to come online next December in Luna County, New Mexico. The generated energy will be sold to Tri-State G&T under a 25 year PPA.
SMA Solar Technology AG has been contracted by South Korean utility, KEPCO, to supply 24 of its storage battery inverters and system technology to a 24 MW energy storage project. The delivery is scheduled for November.
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