Brazil’s Ministry of Mines and Energy (MME) is proposing to allow solar developers that won projects in the 2014 auction to cancel them with a reduced penalty fee.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has reported second quarter 2016 financial results but has decided to not report a critical business metric, solar module (MW) shipments.
India is seeking to ensure the quality and reliability of solar PV equipment imported into the country, as per a draft technical regulation released by the Ministry of New and Renewable Energy (MNRE).
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Korea-based monocrystalline wafer producer SKC Solmics, a subsidiary of Korea’s third largest chaebol has exited the solar sector with the sale of its production equipment to rival Wongjin Energy.
Solar Energy Corporation of India (SECI) has awarded 270MW of solar PV capacity in the Indian state of Odisha to three firms, having originally planned 450MW.
