A preliminary recommendation from India’s Directorate General of Safeguards Customs and Central Excise to impose a provisional 70% safeguard duty on solar cells imported from China and Malaysia has been branded as “ridiculous” and potentially catastrophic, by PV industry members involved in finance, project development and analysis.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has appointed a new chairman and chief executive officer as Zhu Gongshan, the majority shareholder with the GCL group steps down from the post of chairman of the board.
Major China-based PV module manufacturer Risen Energy has recently signed a framework agreement to build and operate a 5GW monocrystalline cell and module plant in Changzhou City, Jiangsu Province, China.
ACWA Power has reached financial close on three solar PV projects under round two of Egypt Feed-in-Tariff program II – with the three installations boasting a generation capacity of 165.5MW.
Cypress Creek EPC, the construction arm of American solar developer Cypress Creek Renewables, has reached a major construction milestone of 1GW of solar developed over the last 18 months.
Florida Power & Light Company has opened four new PV projects in Florida with a combined generation capacity of 298MW while also closing down one of the state’s largest coal-fired plants.
Adding energy storage gives solar developers and the industry in general the ability to “keep going”, while offering both lithium and flow battery systems covers a “wide-range of use cases”, NEXTracker CEO Dan Shugar has said.
China-based polysilicon producer Daqo New Energy has announced that its long-term CEO, Dr. Gongda Yao is stepping down from all executive positions and would leave the company at the end of March, 2018.
Australia has installed 1,778,687 rooftop PV systems, totalling just more than 6.29GW in capacity, as of 1 December 2017, according to new data from Australia’s Clean Energy Regulator (CER).
Saudi Arabia’s omittance of the lowest ever solar bid from the final shortlist of its 300MW solar tender may have been a measure to restore investor confidence in the future of the market, according to a representative of global analyst firm GTM Research.
