The European Investment Bank (EIB) has made its largest equity investment in clean energy this year, with a €50 million (US$68.5 million) investment into the second Glennmont Fund.
The number of PV projects set to compete in Brazil’s forthcoming national energy auction has been trimmed from 152 to 88, according to the country’s energy agency, EPE.
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.