‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported preliminary unaudited ‘express’ 2017 financial results, highlighting revenue growth to record levels in the fourth quarter and the return to profitability.
India deployed a record 9,255MW of solar in 2017, up 94% from the previous year, but uncertainty and a slowdown looms in 2018, according to the latest quarterly report from consultancy firm Bridge to India.
Thai energy firm B.Grimm Power has signed power purchase agreements (PPAs) for seven separate solar PV projects in Thailand with a combined capacity of 30.83MW, according to notification on the Stock Exchange of Thailand (SET).
ENGIE North America has signed off on an agreement to acquire SoCore Energy — a fully-integrated developer, owner, and operator of municipal/co-op PV, community solar, and commercial and industrial (C&I) PV projects across the US.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings said it would expand module assembly capacity by 1GW at its existing manufacturing facilities at a cost of RMB160 million (US$25.2 million).
After cancelling a major solar-plus-storage tender in the Andaman and Nicobar Islands, even after holding an auction, NLC India has now released a new tender with a reduced energy storage component, as expected.
The Indian Solar Manufacturers Association (ISMA) has withdrawn its anti-dumping petition regarding PV imports from China, Taiwan and Malaysia, but intends to put in a fresh petition to strengthen its case.
