Latest headlines

Industry welcomes Indian budget

Indian finance minister Arun Jaitley.

The Indian solar industry was broadly positive after India's new government outlined its spending plans. Tax measures to boost manufacturing could hint at a pending imposition of AD duties on imports.

Suntech to appeal NYSE decision

Suntech HQ

The NYSE watchdog is delisting Suntech shares due to uncertainty over its its ability to complete a necessary SEC filing and its restructuring process.

RustMo 1 PV plant in South Africa begins commercial operation

South Africa flag.

The 7 MW installation from juwi was brought online a week ahead of schedule, supplying clean energy to the grid in the north west of the country.

Yingli Solar announces 1 MW of accumulative solar shipments to Jordan

Yingli Solar module production.

As Jordan aims for 600 MW of installed solar capacity by 2020, Yingli Solar are well positioned to improve on their 20% market share in the country.

Chinese PV installations to reach 12 GW in 2014

Guangzhou, Guangdong Province

China is now driving the total Asia Pacific baseline forecast to 24 GW for 2014, with an upside as high as 32 GW, according to NPD Solarbuzz.

Scatec Solar to build 50 MW Ghana PV plant

Downtown on the Cape coast, Ghana.

The Norwegian solar company also estimates that the entire African continent requires $100 billion in PV investment over the next decade if it is to wean itself off unsustainable energy.

UK solar capacity falls as debate over future of PV intensifies

London, U.K.

While small FIT-supported projects have driven the British photovoltaic market, 2013 has seen an increasing amount of large-scale capacity as the government weighs green tax reductions while embracing nuclear power.

Jinko Solar revenues grow 11.2% in third quarter

JinkoSolar China SGCC

CEO Kangping Chen says the company is devoting substantial resources towards growing core PV operations and rapidly expanding its downstream business after achieving net profitability for the entire year ahead of schedule.

Canadian Solar closes deal on 40 MW of projects

Lake Scugog.

Four Ontario solar projects will be sold for an undisclosed sum to fund managers DIF. The sale marks another win for Canadian Solar's downstream Solutions subsidiary.

Hanwha SolarOne's $70 million share issue

Hanwha SolarOne manufacturing.

Chinese solar manufacturer Hanwha wants to expand its project development business in China and upgrade its manufacturing processes. Hanwha Group intends to start manufacturing polysilicon in future.

Mascotte expects to post half-year loss


As the Taiwanese polysilicon manufacturer attempts to raise funds and renegotiate a looming bonds deadline, it has announced another expected loss. The extent of the losses should be revealed at the end of November.

SolarCity, BMW partner on EV marketing campaign

BMW i3 production plant, Leipzig, Germany

SolarCity is teaming up with German automaker BMW to offer U.S. owners of the new BMW i vehicles a discount on home solar installations.

Shunfeng to purchase troubled Suntech's solar panel factories

Suntech Wuxi HQ.

The deal enables the former solar heavyweight to stay in business, with Shunfeng paying an agreed 30% of Suntech's $1.75 billion debt to Chinese creditors.

First Solar to invest $100 million in Japan PV development

First Solar modules being fitted.

The investment was announced on the same day the company also revealed details of an agreement with JX Nippon Oil & Energy Corporation to distribute its high efficiency PV modules in Japan.

Greek PV market shrivels to just 6 MW per month

A Greek solar park.

Austerity-driven FIT cutbacks have seen PV installations in Greece plummet from the 801 MW installed in the first quarter. Figures show only 6 MW were installed in each of August and September.

Desert Solar conference instills Saudi confidence

Saudi Arabia Rub al Khalid desert.

The one-day event was low-key but highly focused, attracting an audience committed to patiently furthering PV development in Saudi Arabia.

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