A report published by the Rocky Mountain Institute makes recommendations for rooftop PV in regions affected by high winds. The study draws on the knowledge of structural engineers asked to analyze 25 solar systems across five Caribbean islands after they were hit by major hurricanes in 2017 and last year.
The construction group, which indirectly owns 67% of the solar developer will pay the funds to complete the $98m sale of two 50 MW solar farms in China to a third-party soon to also be controlled by Shuifa.
The debt-saddled developer has turned to another of its state-owned backers to dig it out of a hole as it scrambles to raise $242 million in eight days.
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