China-based PV energy provider (PVEP) United Photovoltaics Group has received back its US$64.4 million deposit originally given to Hareon Solar to start build 930MW of PV power plants, which were never actually built.
PV inverter manufacturer Sungrow announced that one of its 1500V PV installations was successfully connected to the grid – opening up to the next stage of the project.
Mongolia’s mostly untapped renewable resources could be used to kick-start a major cross border power corridor between Russia, Mongolia, China, South Korea and Japan, according to a new study.
Record installations expected in 2016 will put the US within a stone’s throw of challenging China’s position as the world number one solar market this year.
China is planning to create a ‘green certificates’ market to promote renewable energy and reduce its use of fossil fuel-based power, under proposals from the country's National Energy Administration (NEA),
Chinese PV panel manufacturer Suntech Power will have to pay US$5 million in order to settle a federal class action lawsuit that accuses the company of withholding lackluster financial news from its shareholders.
