India’s solar goal makes it global frontrunner in climate change fight, says World Bank
The global lending institution praises India’s solar program in new report, noting how clean energy sources are beginning to displace coal at a sweeping rate.
Panda Green’s H1 PV generation soars 63.9% year on year
Hong Kong-listed PV investor Panda Green Energy’s solar projects in China generated approximately 1,001.9 GWh of electricity in the six months to the end of June, up sharply from 611.2 GWh in the second half of 2016.
QTC Energy unit buys 15% stake in GEP
Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar.
India’s Rural Electrification Corporation issues $450 million green bond in UK
The 10-year green bond paying a hefty annual yield of 3.965% stirred up strong interest of investors on the London Stock Exchange.
Heraeus’ IP patent case struck down in Taiwan
The German-headquartered silver paste specialist laments the Taiwanese Intellectual Property Court’s decision, stressing that the ruling could set a dangerous precedent for the PV industry.
REC Group orders $12.4m worth of diamond wire cutting tech from Meyer Burger
The Norwegian solar manufacturer has awarded the CHF 12 million contract to Swiss equipment firm Meyer Burger to supply its DW 288 Series 3 diamond wire cutting technology. Shipment will start in Q3.
NCLAVE supplies fixed structure for 25 MW solar PV project in Japan
The structure and tracker supplier is seeking to consolidate its presence in the Japanese solar market.
India: ACME Solar receives $108m funding injection from Piramal
Haryana-based solar power developer has received financing in the form of flexible credit, designed to allow ACME Solar to draw on and repay funds over the duration of the loan agreement.
Neo Solar Power subsidiary sells 14.68 MW solar project in Fukushima, Japan
Neo Solar Power’s subsidiary has completed the transfer of 100% of shares of its solar project in Fukushima, in what is the first ever large-scale solar transaction by a Taiwanese company in Japan.
Attainable target: India can integrate 175 GW of RE into the grid, study finds
Integration of 175 GW of renewable energy into India’s grid is technically and economically viable, a study shows, further strengthening the government’s resolve to redesign the electricity generation system.
