PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in October 2016, reflect the continued reaction to the rapid decent into overcapacity at the beginning of the second half of the year.
In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.
Leading CdTe thin-film producer First Solar has reacted to plummeting global PV module and PV power plant PPA (Power Purchase Agreement) prices by undertaking a major review of its production capacity requirements and planned migrations to its Series 5 and Series 6 modules.
Solar PV is taking off in Vietnam with many international and domestic investors showing intention to develop projects in the central and south of the country, according to Hoa Vu Phuong, specialist, international relations department, Institute of Energy, Vietnam.
A provision in the Philippines giving medium-scale electricity consumers the ability to choose between retail electricity suppliers other than the local utility has had a major boost after a Supreme Court issuance in its favour.
Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,
Singapore’s Housing & Development Board (HDB) has opened the next round of a 40MW solar leasing tender as part of the SolarNova programme led by the Singapore Economic Development Board (EDB).
Key Taiwan-based wafer producers Green Energy Technology (GET), Sino-American Silicon (SAS) and Danen Technology delivered mixed sales results for September, 2016, yet the underlining trend remained weak demand and ASP pressures.