Tariffs for utility-scale solar power in India are expected to go below the four rupee (US$0.059) mark next year, which would be a “radical moment” for India’s entire power sector, according to consultancy firm Bridge to India.
US-based PV module manufacturer Suniva has officially opened its 250MW capacity expansion at its US headquarters, located in Norcross, Atlanta, Georgia.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
Solar Frontier Americas, the US subsidiary of one of the world’s largest CIS module manufacturers, is nearing completion of two solar plants totalling 106MW in Southern California.
Integrated PV module manufacturer REC Group has reported around a 15% decline in third quarter, 2016 shipments, driven by around an 18% decline in shipments to its largest market, the US.
The German Engineering Federation (VDMA) has reported a slowdown in new solar PV manufacturing equipment orders from its members in the third quarter of 2016.
US-based residential and small commercial PV installer RGS Energy said it expected to have netted around US$3.6 million from its latest US$4.1 million public share offering as it struggles to comply with the NASDAQ minimum stock price rule and possible de-listing.
Specialist PV manufacturing equipment supplier Singulus Technologies said it had received the next contractually agreed pre-payment from the Chinese state-owned enterprise China National Building Materials (CNBM), owner of CIGS thin-film manufacturer, AVANCIS.
PV manufacturer Wuxi Suntech has established a new sales and service hub in Europe since withdrawing from the EU Minimum Import Price (MIP) agreement in October, 2016.
