China’s National Energy Administration (NEA) has published a draft version of proposed feed-in tariff (FiT) levels for ground mount and distributed generation PV power plants for 2017 that could lead to significant cuts to both sectors and overall curtailment of installations.
Globally, the top 10 inverter suppliers accounted for around 75% of shipments in 2015. In India, the market is even more concentrated as the top 10 suppliers accounted for over 85% of shipments. Despite this, there is intense price competition and churning in supplier landscape. Bridge to India's Jasmeet Khurana investigates.
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.
China-based metal casting components firm Jete Power Holdings has acquired a 39% stake in China-based CIGS thin-film start-up Dongtai Energy Technology Company via the shares in the holding company, Novel Sino Group Holdings.
Major Korea-based polysilicon producer OCI Company said it would make a final decision on acquiring Tokuyama’s Malaysian polysilicon operations by the end of March 2017.
The tenet of president Obama’s climate change initiative, the UN-backed Clean Power Plan, was under fire in the US Court of Appeals yesterday, where a panel of 10 judges deliberated over whether the Environmental Protection Agency (EPA) has overstepped the mark.
