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Market & Trends

IBC Solar completes eight German tender projects

IBC Solar has completed 23.5 MW of projects across eight sites in Germany. The PV power plants were developed under Germany’s large-scale solar tender program and will receive the full FIT awarded under the tender process, as they have been completed within 18 months of having been awarded.

RENA picks up wet chemistry, junction isolation order from Lerri Solar

German wet chemistry specialist RENA has picked up a double-digit million euro order from Chinese monocrystalline wafer, cell and module producer Lerri Solar. The production equipment will be for 2 GW of mono cell production.

Turkey to launch 1 GW tender

Turkey will tender for up to 1 GW of PV to be developed in the central region of Konya. Turkish press is reporting that the tender will be for a 1 GW array, titled the Karapinar solar project, and that a 2,000 hectare site has been selected for development.

Jordan initiates the Green Corridor tender; increases PV target

The week has seen excellent news for solar in Jordan, which has initiated the tender of the vital Green Corridor project and increased its national target for solar PV. pv magazine reports the latest development from Jordan’s capital city Amman.

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The pv magazine weekly news digest

It’s been a week of broken records and big investments for the global solar industry. The Indian market still looks unstoppable, while Tesla continue to make big moves in the U.S. industry, despite not yet knowing if and when their acquisition of SolarCity will be completed.

United Photovoltaics announces acquisition of 40 MW plant in Shandong

United Photovoltaics Group has completed its acquisition of the entire equity interest in Haiyang-Xin Shunfeng Photovoltaic Technology Co. Ltd.

Huawei to launch residential inverters in Q2 next year

The inverter arm of the Chinese ICT giant is set to enter new global markets with the launch of its dedicated residential product in 2017.

Sungevity and Solar Brokers Canada announce partnership

California based developers Sungevity have announced a partnership with Canada’s largest solar energy reseller, Solar Brokers Canada. The two will team up to market Sungevity’s products to residential customers in the USA.

Canadian Solar Secures Loan from Japanese Syndicate

Canadian Solar projects K.K., a wholly owned subsidiary of Canadian Solar, today announced that it has entered into a syndicated 3-year loan facility for JPY 9.6 billion (US$95 million). Sumitomo Mitsui Banking Corporation (SMBC) is the lead arranger of the agreement.

Azure Global Power announces IPO pricing

Leading Indian developers Azure Global Power announced the pricing of its initial public offering on the New York Stock Exchange. The shares are expected to begin trading today under the symbol AZRE, at an initial price of $18.00 per equity share.

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