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JinkoSolar Q1 net profit soars as global solar demand grows

JinkoSolar rooftop installations

CEO Kangping Chen says China remains the group's biggest market but stresses that its market share in the U.S. is expanding. In addition, the company sees "great opportunities in exciting emerging markets such as Chile, Thailand...


The pv magazine weekly news digest

Berlin, Germany

Renewable energy developments in Germany and Argentina topped the news this week but also making waves was a report that global off-grid solar sales grew 40% in 2015 while India unveiled what is said to be the largest rooftop...


Germany: Merkel cabinet approves e-vehicle subsidy measures

BMWi production in Leipzig, Germany

The government and automakers will share the costs of the EUR 600 million rebate incentive, which will be available until 2019 or until the government share of the funding runs out.


ReneSola partners with UCK Group to build 116 MW of PV in Turkey

By early 2017, ReneSola and UCK Group are planning to complete 70 MW of PV projects in Turkey

ReneSola signs framework agreement with a solar energy solution provider UCK Group to develop a 116 MW pipeline of PV projects in Turkey.


TerniEnergia lands $19.2 million order for solar PV project in Egypt

Egypt: Nile River in Aswan

The Italian smart energy company will build the large-scale solar PV plant in the southern Benban region in Aswan.


India: Tata Power to build 100 MW of solar in Karnataka

Tata Power, rooftop

Tata Power is aiming to generate 30 to 40% of its total generation capacity from non-fossil fuel sources by 2025.


South Africa: SolarEdge, Tesla Powerwall rollout begins

Kwikelec installation in South Africa: 5 kW home system, including 20 power optimizers, one StorEdge inverter and 6.4 kWh Tesla Powerwall

SolarEdge's storage solution, based on a single DC optimized inverter that manages and monitors PV production, consumption and storage, is compatible with Tesla's Powerwall home battery.


Nigeria's solar hopes stall

Abuja, Nigeria

Nigeria is considered an emerging economy that has the potential to drive a dynamic domestic solar PV market. But the global oil price plunge and a national currency crisis have stalled hopes.


India implements new 40 GW rooftop, small PV plant program

India - small solar PV plant

India's solar market has long been dominated by large utility-scale projects but the government is now looking to boost rooftop solar in the country with an ambitious new initiative.


Argentina sets aside 300 MW for solar in its first auction

Of the 1 GW to be auctioned in June, 30% is planned to be from solar PV. A reference price has not been set, therefore the current price of US$100/MWh is expected. The auction will not be limited to new projects and the World...


Hanwha Q Cells Q1 results show encouraging Y/Y resurgence in profit, revenue and shipments

Hanwha Q Cells HQ.

Module shipments from the Korean solar PV manufacturer reached 912 MW in the first quarter, exceeding the guidance range, while gross profit topped $109m and gross margin reached 21.2%.


Singulus pins hopes on big CIGS orders after disappointing Q1

Singulus Tenuis tool.

The German PV equipment manufacturer posts weak sales and negative EBIT figures for the first quarter of 2016, but says it is hopeful that "extensive" CIGS orders still in negotiations can be concluded soon.


London welcomes largest council-backed rooftop solar+storage installation

The 1.73 MW array in London is the largest in the country to be backed by a local authority.

The Borough of Hounslow in the U.K. capital has invested GBP 2 million in a 1.73 MW rooftop solar array that will be supported by an onsite storage facility – the largest of its kind in the country.


Renewables power Portugal for four days straight

Solar PV installation, Portugal.

Solar, wind and hydro combine over extraordinary four-day period between May 7 – 11 to generate enough clean energy to keep Portugal's lights on during that time.


Report: global off-grid solar sales grew 40% in 2015

31 GOGLA member companies sold over 4 million off-grid solar devices in the second half of 2015

31 GOGLA member companies sold over 4 million off-grid solar devices in the second half of 2015, totaling the cash sales revenues of more than US $118 million.


Mexico makes conditions more flexible in its second electricity auction

The auction, which is also open to solar PV, will be held on September 30. It will incorporate an office to address concerns, greater demarcation of regions, more time for evaluation of offering and modifications to the system of...


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