After a slow start to its year of recovery and return to profitability, international PV integrator Phoenix Solar reported second quarter revenue 300% above the prior-year period, driven by its EPC business in the booming US market.
London-based asset management group Foresight Solar Fund has said the UK “remains an attractive market” despite recent policy changes and confirmed it will pursue a 300MW pipeline in the second half of this year.
Enphase Energy (Enphase) CEO Paul Nahi said the company has enjoyed “strong demand” for its solar energy systems in the US, Australia and Europe, resulting in record shipments of 195MW for the second quarter of this year.
India’s Ministry of New and Renewable Energy (MNRE) will subsidise 15% of the benchmark cost for residential, institutional, government and social sector rooftop solar installations, but will not cover private, commercial and industrial rooftop solar.
In its new Q2 2015 Latin American PV Playbook released on Tuesday, GTM Research noted that 363MW of new operational capacity for utility-scale PV came online in Latin America during the second quarter of 2015.
First Solar has guided 2015 PV module shipments almost double those of 2014. The CdTe thin-film leader expects shipments to be in the range of 2.8GW to 2.9GW.
Deployment of 1-5MW solar systems in Brazil is forecast to more than triple in 2016, after new net-metering proposals, according to a leading analyst on the Latin America region.
Major tier-one PV manufacturer JinkoSolar said it had secured more than US$62 million in a loan agreement with The Export-Import Bank of China (TEIBC) to support long-term fixed assets and mid-term working capital for its recently started Malaysia facility. The company said it had already drawn down the US$62 million loan.
