Asia

ReneSola enters partnership with China Resources Leasing worth US$145 million annually

Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.

Another 100 MW of grid-connected rooftop solar being tendered in India

Government enterprise Central Electronics Limited (CEL) is tendering the new rooftop capacity using the RESCO model for projects nationwide, with bidders given until March to apply, according to market analyst Mercom Capital.

Manz enters into massive CIGS partnership in China

The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.

Hanergy to accept Hong Kong regulator demands over trading resumption

Hanergy Thin Film Power (HTF) says it will not contest an order by Hong Kong’s Securities and Futures Commission (SFC) to pay outstanding debts to its subsidiaries, as it seeks to resume trading of its stock.

Hangzhou Fengling finishes 200 MW solar-aquaculture project

The developer connected the massive installation to the grid earlier this month in eastern China, roughly 150 kilometres south of Shanghai.

Meyer Burger continues strong start to 2017 with new CHF 19 million orders

The Swiss PV manufacturing equipment supplier has had an excellent start to the year, with these now the company’s sixth major orders for its highly technical equipment, while the recapitalization stays on track with an approval from the High Court for the resolutions of the bondholders.

SMA claims over 25% of the Indian inverter market in 2016

German PV inverter supplier SMA Solar Technology shipped over 1 GW of solar inverters to the Indian utility-scale PV market in 2016, which accounted for 26% of the entire market, of which SMA is the second largest inverter supplier.

Solar lending rates continue to fall in India

Mercom Capital says the fall in rates is now making projects with lower prices viable, and that demonetization could further bring down rates.

BECE moves forward on 200 MW in China

Beijing Enterprises Clean Energy (BECE) is now set to begin building the massive PV array in Jinzhai county in central China’s Anhui province.

Huawei launches 1500V Smart PV Solution at WFES in Abu Dhabi

At this week’s World Future Energy Summit (WFES) in Abu Dhabi Huawei launched its 1500V Smart PV Solution for the Middle East Africa (MEA) market. At yesterday’s launch event pv magazine interviewed Paul Pan, Huawei’s General Manager for the Smart PV Plant Business, Middle East & Africa, at the Huawei booth at WFES. Pan is responsible for over 70 countries in MEA, where Huawei is already present with offices serving its ICT customer base.