Integrated PV module manufacturer REC Solar has said its third quarter revenue reached a new record of US$234 million and module shipments jumped 101MW to 361MW.
Chile is forecast to install half of all new solar capacity in Latin America this year. But logistical operations for remote solar projects and the threat of natural disasters are both major considerations for the region. Tom Kenning spoke to Jatin Sharma of GCube Underwriting about the risks associated with the Chilean market.
Polysilicon producer REC Silicon has been forced to make further cuts to production output and shed more jobs as it reacts to the current US/China trade tariff war and subsequent lower polysilicon sales to China.
Australia’s environment minister Greg Hunt has hinted that his government has a new “positive agenda” in support for renewables, while speaking at the Bloomberg New Energy Finance ‘Future of Energy Conference’ in Shanghai, China, today.
High-tech equipment manufacturer Intevac has said it is experiencing some further interest from solar cell producers in Asia that have booked several new tool orders recently.
The largest solar installer in the US SolarCity dropped a major bomb in reporting third quarter financial results as it trimmed 2015 installation targets and said it would focus on cost reductions over growth in 2016, ahead of the potential step-down of the investment tax credit.
All the winning bids in the latest 170MW Indian state solar auction in Uttarakhand have remained below the INR6/kWh (US$0.09) tariff, despite several bankers commenting on previous auctions that only prices of INR6-6.5 per unit would be workable given India’s market conditions.
