Tesla stopped the steep declines in residential solar installations in the second quarter of 2018, reporting deployments of 84MW, up from a low-point of 76MW in the previous quarter, an 11% increase.
China-based PV project developer GCL New Energy (GCL-NE), a subsidiary of leading clean energy conglomerate GCL Group announced that it had purchased PV modules from both Wuxi Suntech and Hanwha Q CELLS in order to meet Chinese FIT construction deadlines, instead of typically using sister company GCL System Integration’s (GCL-SI) PV modules.
The U.S. Trade and Development Agency (USTDA) is supporting a 41MW hybrid solar-wind-storage project being developed by private Indian energy firm IL&FS Energy Development Company Limited (IEDCL) in the Indian state of Andhra Pradesh by providing a grant to aid the plant’s technical design and planning.
Leading global single-axis solar tracker manufacturer NEXTracker has teamed with Turkey-based fixed mount manufacturer, Vergo Energy with an initial master supply agreement (MSA) totalling 775MW for PV power plant projects in Turkey and some of its neighbouring countries.
Independent solar power producer Sonnedix has signed off on a non-recourse debt refinancing of a portfolio of 23 PV plants in Italy with a total installed capacity of 47.3MW.
India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA).
Homeowners in Ireland can now access grants worth hundreds of euros to fund the installation of solar and energy storage systems as the government launches its first micro-generation scheme for the technology.
The Indian Finance Ministry’s order imposing a safeguard duty for two years on solar imports from developed countries as well as China and Malaysia has brought long-awaited clarity to both manufacturers and developers, but both segments of the industry have a number of fears.
