Partners Group sells majority stake in Japan Solar
The stake in a 610 MW platform comprising Japanese solar power assets was sold to a consortium led by Global Infrastructure Partners, a U.S. infrastructure investment fund.
Taiwanese cell giants plan US module factory
The newly minted merger of Neo Solar Power, Gintech and Solartech is planning a module factory, the second such factory to be announced by a large Asian PV maker since solar tariffs were finalized.
Gintech, Solartech, NSP merger approved by board members
The coming together of three of Taiwan’s largest solar cell manufacturers has been given the green light today by the respective boards of directors of the three companies. New company United Renewable Energy Co., is expected to become a recognized entity on March 28.
Annual solar installations to surpass 105 GW on Chinese deployment, European rebound — report
Global solar installations could reach about 106 GW this year, largely on the back of high deployment in China and an anticipated demand recovery in Europe, according to a recent report.
China’s Longi Solar confirms 1 GW Indian manufacturing facility
Longi Solar will set up a 1 GW solar PV manufacturing facility in India’s Andhra Pradesh. It will manufacture 500 MW of cells and 500 MW of modules, a spokesperson tells pv magazine. The facility is expected to be commissioned by Q1 2019 at the latest, and will seek to take advantage of India’s partial exemption from the recent U.S. solar tariffs, imposed by President Trump last week.
Sri Lanka issues tender for 90 MW of solar
The Ceylon Electricity Board (CEB) is tendering 90 PV power plants with a capacity of 1 MW each. The deadline to submit project proposals is March 23, 2018.
Malaysia’s PA Resources secures $154m First Solar supply contract
The Kuala Lumpur-based manufacturing subsidiary of PA Group has signed a deal worth 600 million Malaysian Ringgit to supply certain materials and goods to First Solar for the production of its thin film modules.
Taiwan to raise FIT rates for first half of 2018
The Taiwanese Ministry of Economic Affairs (MOEA) today announced a 9.09% increase to FIT rates originally proposed in September for rooftop solar installations up 20 kW, in a bid to encourage further public participation in its Green Energy Roofs project.
Canadian Solar fund acquires two Japanese solar projects, raises $8.2m loan
The Japanese infrastructure arm of Canadian Solar, Canadian Solar Asset Management, has acquired ownership of two large-scale Japanese solar farms, while also taking out a loan of JPY 900 million.
Financing PV projects in Iran remains challenging
Interview: Iran intends to build new PV and wind power plants totaling 5 GW in the coming years. The first PPAs have already been signed. Among them, Germany’s Geon secured a FIT contract for a 120 MW solar park. The company’s managing director, Sharam Roghani explains why this is only half the battle and why financing projects in Iran remains difficult. He has not found a lender yet, and time is running out.
