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Asia

Canadian Solar sells three PV power plants to Fengate for US$ 195 million

The solar farms, located in Sault Ste., have a combined capacity of 59.8 MW. Canadian Solar will continue to operate the PV plants on behalf of Fengate.

China’s 200% DG solar growth rooted in agriculture sector, finds AECEA

Detailed examination of the National Energy Administration’s official solar PV statistics for China reveals a 200% year-on-year growth in distributed solar. Sector grew by 4.23 GW in 2016.

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India’s installed renewable energy capacity surpasses 50 GW

Data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group shows India’s renewable energy installations have crossed 50 GW, setting the country on course to meet its 2022 goal.

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Tata Power Solar reaches 1 GW module shipment milestone

The solar arm of the industrial giant becomes the first Indian company to surpass 1 GW of global PV module shipments, shipping 60% of that figure over the past five years.

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ReneSola moves on 32 MW rooftop solar projects in China

The Chinese vertically integrated solar power company will supply modules and provide EPC services for the distributed solar PV projects in China’s Shandong, Anhui and Zhejiang provinces.

Green certificate scheme to be launched in China

According to Reuters, China will launch trading of certificates for solar and wind power from July 1st 2017, in a bid to reduce government subsidies going to the renewables sector. The National Development and Reform Commission (NDRC) announced the trading program on Friday.

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Sharp’s solar losses buck profitability trend in 2016

Japanese electronics giant lowers its full-year losses to just $329 million as share values rise across the board following buyout by Foxconn. Sharp’s solar segment, however, remains only unprofitable division.

Wacker’s polysilicon divison reports strong Q4

The German chemical giant finished off 2016 with increased sales and profit in its polysilicon division, as it remains the only Western polysilicon maker to sell directly into China.

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TerraForm Global releases overdue Q2 2016 results

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.

Marubeni to develop world’s largest PV plant in UAE, according to reports

Japanese conglomerate Marubeni is planning to build a mega 1.18 GW solar plant, making it the largest in the world, in the United Arab Emirates, with support from JinkoSolar and the Abu Dhabi Water & Electricity Authority, according to Japanese newspaper Nikkei.

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