Latest PV market updates

Brazil mulls request for amicable cancelation of 670 MW of solar awarded in first tender

Sao Paulo.

Following the devaluation of the Brazilian real against the U.S. dollar, six companies that won PPAs in 2014 may now be able to cancel the solar development contracts. Small penalties likely to apply.


GCL-Poly posts 28% revenue increase for H1

CGL polysilicon factory in China.

The polysilicon and wafer producer reports strong first half financials, growing revenue by 28%, gross profit by 66% as income more than doubles in space of a year.


Ratify Paris Agreement early to attract better RE investment, G20 countries told

COP21 celebration.

A consortium of 130 global institutions that control $13 trillion investments has called upon G20 countries to move fast on ratifying the Paris Agreement in order to deliver greater policy certainty and more investment in...


Sungevity enters partnership with leading Belgian solar firm

Sungevity out and about.

The U.S. distributed solar installer has partnered with Belgium's Electrabel to begin installing rooftop solar panels across the country.


Japanese government agency funds $9.7m Nigerian solar project

Abuja, Nigeria.

The Japan International Cooperation Agency has donated to the Nigerian federal government funding for the execution of a 1.2 MW solar PV development project at the Usman Dam Water Treatment Plant.


Essel Green Energy snaps up 240 MW solar project in Indian state of Odisha

Indian flag.

The subsidiary of Essel Group has secured the bulk of a 270 MW tender issued by the Solar Energy Corporation of India in the state, marking the firm's largest solar PV project to date.


Brazil: Huawei will sign a MOU with Steelcons at Intersolar South America

Huawei FusionsSolar Smart PV plant in Trowbridge, UK.

The agreement would mean that the Chinese company would fit its SolarFusion system to the 90 MW of solar projects that were awarded to Steelcons during the November 2015 tender.


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