India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
‘Silicon Module Super League’ (SMSL) member JA Solar says its portfolio of PV modules have passed the 96-hour potential-induced degradation (PID) resistance test under the conditions of 85-degrees Celsius and 85% relative humidity at -1,000V of system voltage bias as required to meet the IEC62804 standard.
PV module manufacturer China Sunergy (CSUN) reported a strong recovery in total shipments and revenue for the third quarter of 2015, driven by strong module demand in China.
The Japan Renewable Energy Foundation (JREF) has voiced concerns that a tender process for PV expected to be introduced next year could cap deployment at just 2GW to 3GW a year in what is currently still the world’s second biggest market for annual installations.
Indian conglomerate RattanIndia Power plans to use a 324 hectare site in Punjab, which was originally pegged for a thermal power plant, to build a 200MW solar PV project.
The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
Two new PV installations have officially commenced operations in the Philippines — a 50.7MW TSPP site near Tarlac City and a 6.23MW diesel replacement plant in Mindanao.
The Indian state of Uttarakhand has invited expressions of interest for setting up 44MW of grid-connected rooftop solar PV and small-scale solar capacity in the state.
