Argentina’s largest PV plant to be expanded by 200 MW
At the weekend’s G20 summit, a framework agreement for the project expansion was signed by project initiator Jemse SE and Chinese partners Power China and Shanghai Electric. The plant expansion will include the deployment of storage capacity. The project is one of two PV plants, totaling 400 MW, selected in round one of the RenovAr program for large-scale solar and renewable energies.
Beijing about-turn influenced collapse of polysilicon deal
Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned $3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.
Shanghai Electric reveals plan to acquire 51% stake in GCL-Poly’s polysilicon unit
Shanghai Electric values the GCL polysilicon unit, Jiangsu Zhongneng, at around 25 billion CNY ($3.9 billion). Trading of shares of both companies was suspended today, pending the official announcement of the transaction.
Ground breaks on Manz’s Chinese CIGS line
Ground has broken on Manz’s CIGS turnkey line, CIGSfab, in China on time. Construction is scheduled for completion by the end of Q3 2018, while production is scheduled to begin by mid 2019.
Manz enters into massive CIGS partnership in China
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.
