UPDATED: The minimum import price (MIP) for solar products being sold into the EU will drop significantly in 2017, according to official correspondence seen by PV Tech.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
Beleaguered Spanish renewables firm Abengoa has received US court approval to exit its Chapter 11 bankruptcy, according to court records filed on Wednesday.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
Integrated PV module manufacturer REC Group has reported around a 15% decline in third quarter, 2016 shipments, driven by around an 18% decline in shipments to its largest market, the US.
The German Engineering Federation (VDMA) has reported a slowdown in new solar PV manufacturing equipment orders from its members in the third quarter of 2016.
Spain’s new energy minister has confirmed plans for a much-anticipated 3GW of renewable auctions, but concerns remain over the parameters of the tenders.
