Representatives of Brazil’s Chamber of Mines and Energy Committee have approved legislation that includes new solar financing options and tax exemptions for solar cell and module imports, but the proposals must still pass through two more commissions to become law, according to a leading industry figure.
Leading Silicon Module Super League member Trina Solar has added 27MW of distributed generation (DG) PV projects to its balance sheet after completing and connecting three projects to the grid in Suqian City, Jiangsu Province, China at the end of December 2015.
Saudi-based industrial conglomerate Al-Afandi Group has signed a property contract with the Yanbu Royal Commission in Saudi Arabia for the first phase what is hoped to become a 1GW integrated module factory.
Japan-based M.Setek, a subsidiary of Taiwan based flat panel display and PV module manufacturer, AU Optronics Corp (AUO) is to stop production of monocrystalline polysilicon production, due to cost competitive issues.
Major Taiwan-based solar cell producer Gintech Energy Corp ended a period of around six months of flat sales due to capacity constraints, posting December sales up 18.14%, compared to the previous month.
Canadian Solar is introducing a 72-cell, 1500V ‘Diamond’ CS6X-P-FG PV module with heat-strengthened double glass configuration for commercial and utility-scale applications and is designed for high voltage systems of up to 1500 VDC, saving BOS costs.
Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.
Taiwan-based merchant solar cell producer Motech Industries has reported December, 2015 sales reaching a new record high, the fourth consecutive month of record sales.
