Major PV inverter manufacturer SMA Solar Technology has lowered both its revenue and profit forecast again for 2018, citing continued ‘strong pricing pressure’ through November.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
Major certification body the Bureau of Indian Standards (BIS) has recognised TUV Rheinland's PV testing laboratory located in Bangalore, India, meaning the lab is now authorised to conduct testing of solar modules.
Indian conglomerate Shapoorji Pallonji has won the country’s first major grid-connected floating solar tender for 50MW of capacity at a tariff of INR3.29/kWh (US$0.047) at Rihand dam in Uttar Pradesh.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
A bill that is currently passing through the Philippines Senate would allow commercial and industrial (C&I) entities to optimise the use of their rooftops with solar power, while also helping reduce costs for housing initiatives for the underprivileged, according to the head of a Filipino trade association.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar is expecting to lower its capital expenditure (capex) in 2019 after almost tripling in-house capacity (ingot/wafer, cell and module), since 2015.
India's Ministry of New and Renewable Energy (MNRE) has come out with new guidelines for distributed grid-connected solar PV projects in the Andaman and Nicobar Islands and Lakshadweep, including an extension of the implementation timeline and increase of target capacity.
