A forecasted fall in solar PV module prices due to an emergent oversupply in China will aid the Indian solar sector in time for its largest capacity additions set for Q1 2017, according to the latest update from consultancy firm Bridge to India.
JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.
Chile’s solar PV installations reached 1,267MW at the end of June this year, up 50MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
In response to financial and environmental concerns, House Republicans reviewed a key tenet of Obama’s energy legislation, specifically the perceived lavish subsidies set aside for utility-scale solar power plants.
The UK's department of energy and climate change has been disbanded. The country’s energy policy will now be decided by a new department headed up by former communities minister Greg Clark, who has been appointed secretary of state for business, energy and industrial strategy.
D. E. Shaw Renewable Investments announced that it has acquired the 100MW North Star PV project from Community Energy and has started construction on the installation, which is located in Chisago County, Minnesota.
The main event this year at Intersolar North America was the installation demonstration of Beamreach Solar’s new ‘Sprint’ lightweight PV module system for flat commercial rooftops.
PV inverter specialist Ginlong Technologies is increasing its focus on the US commercial and utility-scale market with the launch of its ‘Solis’ 36K-40K three phase inverters.
A significant decline in the cost of PV modules and project construction, as well as a shift from small-scale projects to cheaper capex utility-scale projects, is a main driver for an clean energy investment slowdown in 2016, says Bloomberg News Energy Finance (BNEF).
