The Spanish Supreme Court has ruled that solar PV companies and investors should be compensated by the Spanish administration over historic amendments to the feed-in-tariff (FiT) policy for new installations.
SolarCity, the largest residential solar PV installer in the US reported higher than expected installations in the first quarter of 2016, yet weaker bookings in the residential sector led to lowering full-year installation guidance.
Oil and gas company Total has proposed to buy battery company Saft, which produces devices for the stationary storage industry as well as for transport and other applications.
Specialist PV manufacturing equipment supplier Amtech Systems reported continued success in securing new solar equipment orders in its second fiscal quarter of 2016, the highest bookings since the March quarter of 2011.
REC Silicon said it would restart FBR polysilicon production at its Moses Lake facility in the US this month, with full-production planned to be resumed in June, 2016.
India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).
Solar PV and polysilicon manufacturing equipment specialist centrotherm said that its current order backlog stood at over €146 million (US$165 million) at the end of the first quarter of 2016.
