Vivint Solar, the newly floated US residential PV installer, has forecast a decrease in deployments in the final quarter of the year, blaming the prospect of harsh winter weather conditions.
The US subsidiary of China-based tier-one PV module manufacturer, JinkoSolar, has secured a two-year line of credit of US$20 million to support US working capital and business operational needs from Wells Fargo Bank, National Association.
The chief technology officer of Indian manufacturer and installer, Tata Power Solar, has said commercial rooftop solar will reach grid parity before any other solar segment in India, and will be the cheapest form of energy for customers by 2024.
Japan’s renewable energy policy could see a drastic overhaul next year, with a possibility the Asian country could choose a scheme similar to the UK’s contracts for difference (CfDs), according to one advocacy group.
The impact of a solar eclipse on European power grids will be negligible despite warnings of blackouts by the chief of the French network as a consequence of the amount of PV now on the system.
The largest polysilicon producer, GCL-Poly Energy Holdings and a group of other investors are to take a majority shareholding in bankrupt PV module manufacturer, Shanghai Chaori Solar. The company also announced plans to dispose of its wafer production business, which has recently been expanded to a nameplate capacity of 13GW.