According to provisional data from BloombergNEF (BNEF), global solar PV installations reached 109GW in 2018 as the cost of installing a megawatt of photovoltaic capacity fell 12%, which spurred markets outside China to increase installations.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
Independent Solar Power Producer (IPP) Sonnedix has bought a portfolio of 28 solar PV plants from Italian energy company Graziella Green Power S.p.A., with a combined capacity of 53MW. Financial details were not disclosed.
Finlay Colville, head of market research at Solar Media, details precisely how the UK’s post-subsidy solar pipeline has soared to just shy of 3GW, while simultaneously forecasting something of a revival for UK solar in 2019 with 500MW to be developed.
Solar PV is “charging ahead” across the world as it outpaces other renewables, but far more significant action is required if a climate crisis is to be averted, the International Energy Agency (IEA) has warned.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has rejected the proposal by its founder, Chairman, President and Chief Executive Officer, Dr. Shawn Qu to take the company private and delist from NASDAQ.
Struggling China-based PV manufacturer Yingli Green Energy has withdrawn an appeal over a China court ruling it had to repay one of the lenders of medium-term notes (MTNs) due 13 October 2015 and 12 May 2016, despite remaining unable to repay RMB 65.7 million (US$9.46 million).
Akuo Energy and Norton Rose Fulbright reach financial close on 50MW Mali solar project, BayWa r.e. completes self-consumption solar project in Spain, Solar comes top in European survey, CDPQ increases stake in Azure Power.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has as expected confirmed it would de-list from NASDAQ as part of its planned acquisition by Hanwha Solar Holdings Co, a subsidiary of Hanwha Chemical Corporation.