Indian solar tariffs are overdue a major correction and many smaller players are likely to drop out of the sector over the next few years, according to panellists at Intersolar India 2017 in Mumbai.
Duke Energy has acquired full ownership of California-based REC Solar — a provider of renewable energy solutions for commercial customers throughout the US.
Italian inverter manufacturer Elettronica Santerno has signed off on a US$6 million contract that will see the company provide 100MW of its central inverters to Chile.
US utility firm NextEra Energy has questioned the motives of the two Section 201 petitioners, Suniva and SolarWorld, and warned the foreign-owned US-based manufacturers could not hope to meet domestic demand.
Private equity asset manager Apis Partners and its partners will provide US$60 million in funding for Greenlight Planet — a provider of off-grid solar products and financing to underserved rural populations across Africa and Asia.
First Solar has signed off on a pair of deals with Origis Energy and D.E. Shaw that will see the company provide 795MW of its modules for a variety of projects.
Leading thin-film manufacturer First Solar highlighted at its 2017 Analyst Day event that it had recently fabricated the first functional CdTe Series 6 thin-film panel at its Perrysburg, Ohio plant, which is spearheading the transition to the larger format at all of the company’s manufacturing plants based in Malaysia and Vietnam.
Leading thin-film manufacturer First Solar said at its 2017 Analyst Day event that it was already building its second CdTe module plant in Vietnam to support the transition to its Series 6 large format panel.
