Latest PV market updates
U.S. manufacturer Ascent Solar has signed a deal to build a factory China's Jiangsu Province. The city of Suqian is investing $32.5 million in the joint venture.
Jiangsu Ackome, a manufacturer of solar mounting equipment, will purchase three plants from ReneSola, with a combined generation capacity of 60 MW.
Exploiting China's sun-rich northern regions, PV developer GCL-Poly has completed two solar plants with a combined capacity of 160 MW in the arid Tengger Desert and Datong.
The Chinese government is undertaking steps to strengthen its embattled solar sector, in part by introducing tough guidelines that could whittle down the domestic industry.
SolarWorld says it is seeking to stop producers in China and Taiwan from evading duties by assembling modules from cells manufactured in third countries, a practice that allows them to sell below production costs in the U.S.
The decision marks the first time that unsubsidized solar energy has gone head-to-head with natural gas and come out on top as the best option, both economically and environmentally.
The country's Energy Market Regulatory Authority predicts solar PV capacity to reach 3 GW by 2023.