Taiwan-based market research firm, EnergyTrend has revised its China and global solar market demand forecast in light of the Chinese government changing its deployment policies at the end of May, 2018.
China-based GCL New Energy, Inc., a subsidiary of the world's leading clean energy conglomerate GCL Group is to develop a 110MW PV power plant project in Colorado, US.
PV inverter manufacturer SolarEdge Technologies has announced that it was expanding its commercial PV sector product solutions with the launch of larger-capacity three-phase inverters with its synergy technology and a multi-input power optimizer at Intersolar Europe.
The past few weeks has seen some of the most dramatic knee-jerk, naïve and misinformed PV market reporting seen in recent times, with the headlines often resembling nothing more than tabloid sensationalism.
‘Silicon Module Super League’ (SMSL) member Trina Solar and building materials and PV systems developer China Singyes Solar Technologies Holdings have jointly secured a bid to build a 250MW ‘Top Runner’ PV power plant project in Tongchuan, Shaanxi province, China.
Oslo-headquartered clean energy firm Scatec Solar has signed agreements to build two solar PV projects with capacity of 33MW and 50MW in the Cherkassy region of Ukraine.
Sunseap International, a subsidiary of Singapore-based Sunseap Group, has started construction of its 186MW, US$150 million solar farm in Vietnam – claimed to be the largest PV project in the ASEAN region.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
China-based solar PV project developer and operator ReneSola is one of the first companies to publically echo the impact expected from the Chinese government’s decision to significantly curtail solar deployment, highlighting the solar module ASP decline of modules as a key benefit to downstream developers.
