According to market research firm IHS, Chinese tier-1 PV module suppliers are mostly sold out in the first quarter of 2015 as demand remains strong from markets such as China, Japan and the UK as well as in South America and Central America.
Project developer Welspun Renewables has confirmed it will build a 100.1MW solar farm in Andhra Pradesh (AP) during a session at the World Economic Forum in Davos.
Market research firm, IHS has significantly lowered its PV demand forecast for Saudi Arabia in response to the country pushing back its renewable energy plans by eight years in the wake of plummeting oil prices.
PV manufacturer Hanwha Q CELLS, said it would close down all solar cell and module manufacturing capacity in Germany and relocate the lines to its main production facility in Cyberjaya, Malaysia with the loss of 550 jobs.
Vertically integrated solar power provider SunEdison and its ‘yield co’ subsidiary will build 85.2MW of UK PV across five plants, having secured financing from Santander and Bayerische Landesbank.
PV module assembly manufacturing consultancy specialist, J.v.G. Thoma is to supply a 70MW turnkey production line to start-up, Renovasol in Brazil. Financial details were not disclosed.
The French government is looking to kick-start the country’s residential market with an adjustment to the feed-in tariff (FiT) for projects up to 36kW.
One international developer of utility-scale PV projects says that proposed changes to Japan’s feed-in tariff (FiT) will not adversely affect business over the next two years, but certain aspects of those changes will be “challenging” to cope with.
