- Industry Roundup
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Tier-one PV manufacturer JinkoSolar has said its new production facility for solar cells and modules and Malaysia has started ramping on schedule and was expected reach capacity within two months.
Indian utility National Thermal Power Corporation (NTPC) has announced the allocation of a further 500MW of solar PV capacity in Andhra Pradesh and 420MW in Rajasthan.
Taiwan-based BIG SUN Energy Technology says it is making meaningful inroads into the competitive PV tracker systems market despite its focus on dual-axis trackers rather than the dominant single-axis systems.
Italy-based renewable energy developer Enel Green Power (EGP) has begun construction of the 82.5MW Pulida solar power plant in Free State Province, South Africa.
French concentrator PV (CPV) specialist Soitec has revealed plans to sell its solar business to ConcenSolar, a company linked with Soitec’s CPV rival Suncore.
Chinese manufacturer BYD Company is to build a 400MW PV module assembly plant in Brazil at a cost of around US$50 million, adding to its planned electric bus manufacturing facility in the state of São Paulo.
JA Solar will establish a 500MW cell and module plant in India, it has been confirmed.
Tier-one Chinese module manufacturer ZN Shine has removed its managing director in Europe after he allegedly used company money to fund a lavish lifestyle.
Australia’s reduced Renewable Energy Target (RET) of 33,000GWh could scale back large-scale solar potential in the country by 80%, according to a leading industry figure.
Demand for solar in China could help secure Yingli Solar’s financial future, according to a research note by IHS.
Taiwanese cell and module producer Neo Solar Power (NSP) has become the latest solar firm to reveal plans for a yieldco vehicle to support a move into downstream PV project activity.
A conference on climate change and business has been punctuated by a sharp exchange of views between Tony Hayward, chairman of mining giant Glencore Xstrata, and solar industry executives, according to reports.
Chinese state-owned solar developer United PV has hinted that it would intervene should Yingli’s financial woes escalate.
Southern Power, a subsidiary of the utility Southern Company, has acquired the 103MW Butler solar facility in Georgia from renewable energy company Community Energy.
Tier-one module manufacturer Trina Solar has said it expects China to hit its 17.8GW install target for 2015.
Looking to set its renewable-energy sights higher, the Indian state of Maharashtra’s government could potentially raise its target for renewable-source capacity from 14,400MW to 25,000MW.
Renewable energy development company SunEdison has received contracts to build 33MW of DC rooftop solar with Southern California Edison (SCE) in the utility’s most recent round of solar procurement.
Insolvent German module manufacturer Solar-Fabrik has said it is to reduce its workforce by 65 jobs as it continues to search for an investor to rescue the company.
Module manufacturer Trina Solar has reported record first quarter module sales of 1,026.2MW for Q1 2015.
The parent company of Hanergy Thin Film Power (Hanergy TF) has insisted the firm is in good financial condition despite its shares almost halving in value yesterday.
A consortium led by ACWA Power, including Spanish engineering and technology company Sener, has achieved financial close of the 200MW NOORo II and 150MW NOORo III concentrated solar power (CSP) projects in Morocco.
Georgia Power, the largest subsidiary of the utility Southern Company, has launched its 2015/16 Advanced Solar Initiative (ASI) Distributed Generation (DG) programme, soliciting DG projects of varying size up to 100MW.
Downstream solar firm Conergy is to purchase inverters from Chinese inverter manufacturer Sungrow under a newly announced partnership between the two companies.
Toshiba Mitsubishi-Electric Industrial Systems (TMEIC) announced that it has reached orders and shipments of approximately 3GW and 2.5GW, respectively, in utility scale PV inverters in FY2014.
Tempress Systems, a subsidiary of Amtech Systems, has received a multi-system order for its “next-generation” solar diffusion system from a leading solar cell and module manufacturer in China.
The UK’s newly reinstated environment secretary, Elizabeth Truss, has once again claimed that solar farms are in opposition to agricultural practices, according to an interview with a local newspaper in her constituency.
Authorities in Hawaii’s capital, Honolulu, have been ordered to finance a US$16 million solar system as a penalty for failing to curb air pollution from a city landfill site.
The “gradual decrease” in debt and cash from its nascent downstream business will be at the heart of Yingli’s long-term future, the company’s CFO has told PV Tech.
First Solar is targeting commercial and industrial PV projects in the Philippines through a newly agreed joint venture.
India is set to double its annual installed capacity with a forecast of more than 2GW to be installed this year, up from 1GW in 2014, according to the latest quarterly ‘India Solar Market Update’ from Mercom Capital Group.
Shares in Chinese thin-film solar firm Hanergy Thin Film Power (Hanergy TF) fell 47%, wiping HK$144.3 billion (US$18.6 billion) off the company’s market value before trading was suspended in Hong Kong.
A new piece of legislation has been proposed that would help extend the Investment Tax Credit (ITC) for both residential and commercial solar projects in the US.
Residential solar financing platform Mosaic has announced that Robert D. Kelly will serve as a member of the company’s Board of Directors.
More than 7.7 million people were employed in the renewables industry in 2014, an 18% rise from 6.5 million the previous year, according to a new report from the International renewable energy agency (IRENA).
Shares in tier-one module manufacturer Yingli fell 36% yesterday in the wake of a warning from the company that it was struggling.
The amount of solar capacity installed in the US is forecast to nearly double to 40GW by 2017, up from 20GW in 2014, according to a new video report from the US Solar Energy Industries Association (SEIA).
SolarEdge, one of only two companies at present to produce Tesla Powerwall-compatible inverters, will launch its expanded range of residential and commercial solutions at Intersolar Europe next month.
Meyer Burger has secured an order for passivated emitter rear cell (PERC) technology equivalent to 2.5GW of annual capacity.
Four international companies have been awarded 50MW solar PV projects under Jordan’s Round 2 solar PPA tender, with industry bodies hoping the results will help the Middle East solar market take off.
Solar industry leader JinkoSolar has announced that it will provide 50MW of PV panels to Turkish renewable energy developer Tegnatia.
Major tier-one PV manufacturer JA Solar said it was building a 400MW solar cell plant in Penang, Malaysia as well as adding capacity for high-performance monocrystalline and multicrystalline cells and modules, while establishing a JV module partnership with Essel in India.
Chinese tier-one module manufacturer JA Solar has reported a slight fall in its quarterly profits due to project and upstream expenditure while 2015 guidance remained on track.
Tier one module supplier Hanwha Q CELLS connected two new solar plants with a total capacity of 45MW in the UK prior to the country’s 1.4 Renewable Obligation Certificate deadline.
Consumer electronics and PV materials manufacturer Panasonic will invest ¥9.5 billion to expand its solar cell and module production lines in its home country of Japan by 150MW a year.
German manufacturer SolarWorld will launch bifacial modules, a new storage system and a new residential inverter at Intersolar Europe this year.
Latin America is forecast to install 2.2GW of PV in 2015, a 352% increase from 625MW in 2014, according to the recently released “Q1 2015 Latin American PV Playbook” report from GTM Research.
European solar power services company Photon Energy claims an emphasis on new business areas including operations and maintenance (O&M), opened up new revenue streams to boost its group performance in the past quarter.
Australia’s government and opposition have agreed to set the country’s Renewable Energy Target (RET) at 33,000GWh by excluding controversial plans for two-yearly reviews.
The world’s second largest solar manufacturer, Yingli Green Energy, has raised “substantial doubts” over its ability to continue “as a going concern”.
China-based inverter manufacturer Sungrow Power Supply has continued its recent trend of positive sales in overseas markets in the first quarter of 2015.