Markets & Finance

Brazil’s Ministry of Mines and Energy is to postpone its first reserve energy auction from its scheduling for 29 July.

The European Commission has withdrawn Chinese solar panel manufacturer Shinetime China and its related company in the EU, Shinetime Europe, from the EU-China price undertaking.

This year saw Ghana not only install the largest solar project in East and West Africa, but also a major 30MW module manufacturing facility near its capital, Accra, in what is a major milestone for the upstream solar sector across Africa. PV Tech visited the plant to understand some of developer 3SIL's thinking behind location and business.

Analysts at Swedbank are working on the basis of an increased probability that solar trade duties in the US will be removed.

Analysts at Swedbank raised their expectations for REC Silicon, partly on basis that US trade duties are closer to being dropped.

Bankrupt renewables firm SunEdison, currently in Chapter 11 proceedings said the recently appointed CFO designee, Ilan Daskal had resigned from the company on June 27. Separately, SunEdison said in an SEC filing that it was further delaying the release of its 2015 annual report.

Module manufacturer Seraphim Solar is looking for fresh locations for future manufacturing plants and praises Mexico as both and end-market and a potential production centre.

According to IHS Technology, the three leading North American megawatt-scale PV O&M providers accounted for 44% of the regional market in 2015.

German PV company IBC Solar has partnered with DHYBRID Power Systems to capitalise on their respective competencies in order to emerge as a market-leading provider of diesel-PV hybrid systems.

IPP Sonnedix, operating via its Japanese operator, Nippon Solar Services (NSS) has closed financing and selected an EPC contractor for its 30MW Miyako-based 'mega solar' PV plant in Iwate Prefecture.