Struggling China-based PV manufacturer Yingli Green Energy has reported a full-year 2015 net loss of US$864.6 million on revenue of US$1,538.5 million. The company had recently guided a net loss in the range of US$894.1 million to US$909.7 million.
China-based polysilicon production Daqo New Energy Corp said polysilicon shipments to third-parties would continue to decline as in-house wafer production continued to expand and its polysilicon facilities running at full-capacity.
The world’s largest polysilicon producer, GCL-Poly Energy has cited technical issues with its planned ramp of FBR (Fluidized Bed Reactor) technology, according to reports.
The Indian state of Karnataka has revised its tariff for small-scale and rooftop solar systems downwards in the range of 25-45% in response to a reduction in the capital costs of solar.
India’s latest 400MW solar auction saw limited competition compared to recent tenders with just six bidders for the PV capacity in an Andhra Pradesh solar park.
The share of renewables, excluding hydropower, in India’s energy mix has reached 5.7% as of February this year, up from 4.97% in 2012/13, according to data released by the Central Electricity Authority.
India’s Ministry of new and Renewable Energy (MNRE) is moving forward with its off-grid solar programme, as part of the National Solar Mission (NSM), after a year of the utility-scale sector stealing the limelight.
India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).
