China

The bookings for the last four months include PECVD orders and an n-type bifacial turnkey line for customers in Asia, and will ship in the next six to nine months.

Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.

The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.

Hanergy Thin Film Power (HTF) says it will not contest an order by Hong Kong’s Securities and Futures Commission (SFC) to pay outstanding debts to its subsidiaries, as it seeks to resume trading of its stock.

The developer connected the massive installation to the grid earlier this month in eastern China, roughly 150 kilometres south of Shanghai.

German PV inverter supplier SMA Solar Technology shipped over 1 GW of solar inverters to the Indian utility-scale PV market in 2016, which accounted for 26% of the entire market, of which SMA is the second largest inverter supplier.

Beijing Enterprises Clean Energy (BECE) is now set to begin building the massive PV array in Jinzhai county in central China’s Anhui province.

At this week’s World Future Energy Summit (WFES) in Abu Dhabi Huawei launched its 1500V Smart PV Solution for the Middle East Africa (MEA) market. At yesterday’s launch event pv magazine interviewed Paul Pan, Huawei’s General Manager for the Smart PV Plant Business, Middle East & Africa, at the Huawei booth at WFES. Pan is responsible for over 70 countries in MEA, where Huawei is already present with offices serving its ICT customer base.

The PV Market Alliance has released its official solar installation figures for 2016, which, with a total of 75 GW installed, show a 50% growth from 2015, mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.

In their 10 predictions for 2017, Bloomberg New Energy Finance’s chair and chief editor argue that we are entering a phase where low-cost renewable energy will come to define the power system, despite ideological and financial headwinds.