UK-headquartered multicrystalline solar wafer producer PV Crystalox Solar continues to be impacted by global overcapacity in the wafering sector as first half 2017 financial results reflect.
Indian integrated solar firm Tata Power Solar saw profits after tax more than triple in the 2017 fiscal year, driven mainly by a shift in focus from manufacturing towards providing EPC services.
A nation made up of thousands of small islands should be a blessing to any off-grid renewable energy firm, but poor access to upfront financing makes Indonesia a tougher proposition than one would expect. To discuss the market, PV Tech caught up with Verania Andria, associate director, community renewable energy, Millennium Challenge Account Indonesia, which focuses on financing off-grid renewables in Indonesia with grant funding.
The Australian Energy Market Commission (AEMC), responsible for regulating the energy market, has dropped a proposal to let power network companies charge rooftop solar owners for feeding their electricity to the grid in a form of ‘solar tax’, after facing resistance from communities.
Environment Impact Assessment is not applicable to solar projects, Customs Duty concessions for solar projects will continue post GST, a guide to on and off-grid solar DC systems.
North American renewables investor Sammons Renewable Energy (SRE) has purchased a 194MW portfolio of utility-scale solar projects in North Carolina from developer Heelstone Energy Holdings.
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
