Asia

The Chinese inverter manufacturer ships CP2000 Station-S compact central inverters to three 5 MW sub-plants of a 20 MW solar farm in Thailand. Fourth sub-plant completed with Growatt’s string inverter.

Target expanded to 50 solar parks, up from previous number of 34. Solar Energy Corporation of India will execute the projects in collaboration with state governments across the country.

The two insurance firms have already provided ¥10 billion ($88.4 million) in project financing for an undisclosed solar project near Tokyo and another in the Tohoku region, on the northern end of the island of Honshu.

Mizuho Bank arranged the ¥27 billion ($240 million) syndicated loan for the array in Ishikawa prefecture.

The solar investment group will likely swing back to the black from a net loss of roughly 98.9 million yuan ($14.4 million) in the 12 months to December 31, 2015.

The Chinese PV giant claims the project will be “the world’s largest solar canopy.”

The company took a significant hit in its Q4 results due to restructuring and impairments, as it shuts down lines and orders tools for the transition to its Series 6 modules.

The Bangkok-based company acquired the rights to build and run a 154.98 MW solar array in Onikobe, Miyagi prefecture.

Assessment of the country’s PV manufacturing landscape by Mercom Capital Group finds series of challenges for domestic firms, including sustained low-cost competition from China, lack of scale and inconsistent support from government.

The Chinese PV manufacturer will supply its solar panels to the Spanish utility-scale PV developer for two projects.