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An 200MW project in the Indian state of Gujarat. Image: Engie.

Indian solar importers blocked from defering BCD payments

July 11, 2022
Indian solar importers will no longer be permitted to defer payment of the country’s basic customs duty (BCD) following a new order from tax authorities.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo forecasts more than quadrupling of H1 profit amidst poly pricing surge

July 11, 2022
A subsidiary of Daqo New Energy is forecasting net profit during H1 2022 to be more than four times higher than the same period last year.
Image: SMA Solar Technology.

Huawei, Sungrow maintain PV inverter market leadership as GoodWe climbs ranks

July 11, 2022
Huawei and Sungrow have maintained their leadership of the solar inverter market for the seventh year in a row, according to Wood Mackenzie.
Image: Unsplash

Mitsubishi completes acquisition of renewables trading firm ElectroRoute

July 8, 2022
Mitsubishi Corporation has completed the acquisition of remaining shares of renewables trading firm ElectroRoute.
Scatec-solar-image-Credit-Scatec

Scatec signs PPA and starts construction for 531MW solar park in Brazil

July 8, 2022
Renewables company Scatec has signed a power purchase agreement (PPA) with alumina supplier Alunorte for its Mendibum solar project in Brazil.
The 204MW Kozani solar project in Greece was commissioned by juwi in 2022. Image: juwi.

Juwi merges with wind developer Windwärts Energie

July 8, 2022
German solar developer and EPC contractor juwi is joining forces with wind project developer Windwärts Energie.
A solar project from Canadian Solar in Brazil. Image: Canadian Solar via Twitter.

Canadian Solar sells 345MWp PV duo in New South Wales

July 8, 2022
Canadian Solar has completed the sale of two PV plants with a combined capacity of 345MWp in the Australian state of New South Wales.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Polysilicon pricing enters hockey stick-growth territory as US$45/kg threshold looms

July 8, 2022
Solar polysilicon prices jumped by a further 4% this week, fuelling industry assessments that prices will soon jump above the RMB300/kg (US$44.74/kg) barrier.
Image: Lightsource BP

2.2GW of solar successful in UK’s latest renewables auction

July 7, 2022
More than 2GW of solar has won contracts in the UK’s latest renewables auction clearing at a strike price of £53.40/MWh (US$64.19/MWh).
A 200MW solar project in Texas. Image: Duke Energy.

Solar and wind produce more electricity than nuclear for first time in US

July 7, 2022
Solar and wind installations in the US generated more electricity than the country’s nuclear power plants for the first time in April.

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