Latest PV market updates

Duke Energy adds 30 MW to its solar portfolio

5 MW Mickey Mouse-shaped PV plant in Florida

Duke Energy has acquired six PV projects with the total capacity of 30 MW in Eastern North Carolina.


Canadian energy company eyes 150 MW PV plant in Vietnam

Hoi An, Vietnam

CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnam’s Ninh Thuan province, just as the solar market is being stirred within the country.


Vivint Solar switches leadership as CEO steps down

Vivint Solar HQ.

Greg Butterfield steps down as chief executive officer at Vivint Solar, with David Bywater appointed interim CEO as the company looks for a permanent replacement.


Financing secured for 60 MW PV plant in Bolivia

Bolivia’s Central Bank will provide a US$95 million loan for the Uyuni PV project, the largest solar project to date in the nation.


Canada suspends MicroFIT until July

Citing “irregular and incomplete applications”, Ontario’s grid operator has halted the program until a new version of the MicroFIT is rolled out in July.


GTM Research predicts 2016 market declines in China and Japan as India and the U.S. boom

The company’s latest report also finds that auctions are increasingly popular as a form of procuring utility-scale solar.


SolarWorld Q1 shipments rise 62% Y-O-Y, but profitability takes a hit

SolarWorld installation.

Demand from the U.S. market fuelled first quarter shipment increase to 341 MW according to preliminary financials published today; currency effects drag down profits.


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