Engie acquires stake in Chinese solar developer Unisun
The French energy giant has entered the Chinese solar market through a 30% equity investment in local PV developer Unisun.
Vietnam releases FIT and net metering scheme for solar
The Vietnamese government has issued the long-expected FIT scheme for solar energy projects. The 20-year FIT was set at VND 2,086 ($0.091)/kWh. Furthermore, a net metering mechanism is expected to support residential PV across the country.
Issue one of the SNEC Daily newspaper published on first day of SNEC Exhibition
Published in conjunction with Heraeus, the SNEC Daily is an eight-page newspaper featuring live and direct report from the exhibition and conference floors.
India: Rays Power Infra commissions 78 MW solar project
Rays Power Infra Pvt. Ltd. has switched on a 78 MW solar PV project, expanding its market share in the northeastern state of Uttarakhand to 40% and bringing major benefits to local farmers.
IDFC Alternatives looking to buy First Solar’s India assets
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
Singyes Solar records 43% rise in net profit in 2016 full-year financials
The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.
Yingli reduces losses despite Y-o-Y drop in revenue and shipments for 2016
The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.
Aquila Capital sells 38.4 MW in Japan
The German asset manager has completed the divestment of its second solar project in Japan.
Canadian Solar sells two PV power plants to Shenzhen Energy for $99.8 million
Canadian Solar is racking up sales in China with another two solar power plants traded for $99.8 million.
Toshiba posts 9-month net loss of $4.85 billion
The Japanese group — which develops solar projects and provides PV systems solutions, in addition to EPC and O&M services — has warned of “substantial doubt” over its “ability to continue as a going concern,” largely due to the decline of its nuclear business in the U.S.
