PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in July and August, 2016 highlight the industry fears over a new period of overcapacity across the supply chain after explosive growth plans announced in the first half of 2016.
SolarWorld and Hemlock are set to hold a mediation conference on 19 September following SolarWorld being ordered to pay Hemlock damages amounting US$793 million plus costs and interest in July.
Solar ranks lowest in terms of projected Capital Expenditure (CAPEX) for electricity generating technologies in 2030, according to the National Renewable Energy Laboratory’s 2016 Annual Technology Baseline (ATB).
Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
The solar yieldco business model was “flawed from the beginning”, says a US bank executive, who downplays sentiment that it was the SunEdison yieldco disaster that tarnished the model for good.
Lazard, the financial advisory that advised SolarCity on its US$2.6 billion all-stock sale to Tesla, made an error in its analysis resulting in the solar installer being undervalued by US$400 million, according to a regulatory filing with the Securities and Exchange Commission (SEC).
On Monday, a ruling by Nevada Public Utilities Commission (PUC) chairman and presiding officer Paul A Thomsen barred SolarCity from intervening in upcoming proceedings concerning the grandfathering of more than 20,000 rooftop solar customers.
Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December.
