Indosolar starts production at 1.3 GW solar module factory
Indosolar, a subsidiary of Waaree Energies, has started production at its new 1.3 GW solar module manufacturing facility in India.
Chinese PV Industry Brief: Beijing probes EU investment barriers for PV
The Chinese government is launching an investigation to determine whether the European Union is blocking Chinese solar investments.
Brookfield acquires controlling stake in Leap Green Energy
Brookfield will initially invest more than $200 million in Leap Green Energy by subscribing to new shares and acquiring shares from current shareholders.
Shinsung E&G secures 47 MW module order for floating solar in South Korea
South Korea’s Shinsung E&G says it will supply 47 MW of modules for the country’s first integrated renewable energy complex. It also recently signed an agreement to expand the deployment of rooftop solar in South Korea.
Deye releases residential hybrid inverter
Chinese manufacturer Deye says its new three-phase residential hybrid inverter system has a rated output power ranging from 14 kW to 20 kW.
Enfinity Global secures $162.4 million for 250 MW solar portfolio in Japan
Enfinity Global has closed $162.4 million in financing for a 250 MW solar portfolio in Japan. The seven utility-scale projects are expected to produce 300 GWh of clean energy per year.
Indonesia to permit power wheeling
Indonesia’s new renewable energy bill will include legislation allowing power wheeling, enabling private companies to sell electricity directly to end consumers via networks owned by the state-run electricity company.
India’s ALMM list tops 50 GW of solar module capacity
The PV modules on India’s Approved List of Models and Manufacturers (ALMM) comply with the Bureau of Indian Standards and meet the Ministry of New and Renewable Energy’s (MNRE) module efficiency criteria for utility-scale, rooftop, solar pump, and solar lighting applications.
Longi, Aiko Solar, TCL Zhonghuan, Tongwei to post H1 losses
Longi says it expects a net loss of CNY 4.8 billion ($660.2 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.
China to impose stricter requirements on PV manufacturing
The new provisions are intended to reduce overcapacity in the market while selecting the most efficient technologies and products.
