‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
Sweden announces effective abolition of its solar tax, Etrion and Hitatchi High-Technologies partner on a 13.2MW project in Japan, Wynnertech supplies 20MW of inverters to a project in Iran, and Enel North America and GE Energy enter a JV.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
GCL-SI, a subsidiary of GCL, is to develop a 1GW solar PV plant at the former contaminated nuclear site in Chernobyl, Ukraine. Construction is expected to start in 2017.
Specialist PV manufacturing equipment supplier Amtech Systems reported Solar segment sales of US$22.6 million in its fiscal fourth quarter of 2016, resulting in full-year preliminary Solar segment sales of US$60.9 million, up from US$51.8 million in 2015.
Power Grid Corporation of India Limited (PGCIL) has sought loan assistance of US$1 billion from the Asian Development Bank (ADB), according to energy and mines minister Piyush Goyal.
The markets can be a frustrating place for the solar industry. Just ask Elon Musk. The negative perception of the SolarCity/Tesla merger often signals a lack of awareness of how far solar, energy storage and EVs have come.
