Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.
Austria-headquartered PV O&M company ENcome has acquired abakus solar, a German PV wholesale business that specialises in project development, EPC and O&M, for an undisclosed amount.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.
Morgan Stanley has predicted a boom in solar-plus-storage in Australia, calling PV a direct substitute for grid power and warning investors that the incumbent energy industry has been slow to react to trends.
Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
The US Department of Commerce has upheld its preliminary ruling that SolarCity’s Triex cells were included within the scope of the anti-dumping duties, in a memorandum dated 17 June.
Power firm CLP India, a subsidiary of CLP Holdings, and renewables firm Suzlon Group have entered into a joint venture over a 100MW solar project at Veltoor in the Indian state of Telangana.
Chinese solar firm Canadian Solar and OEM giant Flextronics are working together on an US$80 million module manufacturing facility in Sao Paulo, according to the Brazilian Solar PV Association, Absolar.
