India: SECI’s 100 MW Andhra Pradesh solar auction shared by Azure Power and Adani
The Solar Energy Corporation of India’s 100 MW solar PV auction in the Indian state of Andhra Pradesh, issued under the domestic content requirement category, sees Adani and Azure Power win 50 MW each.
China: NEA adjusts PV goal to at least 105GW by 2020
China’s NEA has officially dropped the target to at least 105 GW by 2020, as well as setting goals for the PV industry and indicating that it will emphasize projects in Eastern China and the region around Beijing.
Azure Power completes first phase of 14 MW Delhi Metro solar installation
The Indian renewables developer has finished phase one of the rooftop project at the Delhi Metro Rail Corporation’s Sultanpur facility at a tariff of $0.083/kWh.
OPIC and MNRE launch $20m Indian clean energy fund
U.S. Overseas Private Investment Corporation partners with India’s Ministry for New and Renewable Energy to launch USICEF – a fund designed to spur wider public and private financing for renewable power generation in the country.
Korea’s LG CNS to build Canadian Solar’s 55 MW Japan solar farm
The project development arm of LG Group has won the contract to build the $142.55 million Japanese solar farm, which will be owned and operated by China’s Canadian Solar, with funding from Hanwha Group.
PPA signed for 14 MW rooftop PV project in Hubei Province, China
Developer ACC describes this as the largest mono rooftop array in Central China; regardless of rankings this is one very large rooftop solar plant.
Etrion repurchases €40 million in bonds
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
Trina Solar sets new 22.61% mono PERC efficiency record
The Chinese Tier 1 solar developer announces a new conversion efficiency for its mono-crystalline silicon PERC cell that surpasses its previous world record by a full half-percentage point.
Panasonic to supply PV modules to Tesla from Japan, Malaysia
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum, which will see it become Fortune’s subsidiary and, thus, a private company.
