Brazil’s Ministry of Mines and Energy (MME) is proposing to allow solar developers that won projects in the 2014 auction to cancel them with a reduced penalty fee.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has reported second quarter 2016 financial results but has decided to not report a critical business metric, solar module (MW) shipments.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Korea-based monocrystalline wafer producer SKC Solmics, a subsidiary of Korea’s third largest chaebol has exited the solar sector with the sale of its production equipment to rival Wongjin Energy.
The European investment market for power generation assets is likely to be severely hit by the continuing impacts of the UK’s Brexit vote, ‘Big Four’ consultancy EY has warned.
Solar Energy Corporation of India Limited (SECI) is to introduce a payment security mechanism to support its Viability Gap Funding (VGF) for solar projects.
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials said it at reached 900MW of monocrystalline PERC (Passivated Emitter Rear Contact) solar cell production at the end of the first half of 2016.
Rooftop solar customers cost non-solar ratepayers in Nevada US$36 million a year, according to the results of a cost-benefit study on solar by Energy + Environmental Economics (E3).
