Latest headlines

Low utilization at Yingli results in $581 million Q3 write down

Yingli workers in solar factory.

China’s Yingli Green Energy continues to be plagued by low utilization rates and will book a RMB3,694.2 million (US$581.3 million) "non-cash impairment charge on long lived assets" in Q3.

US Energy Department: US$22.7 million for 23 solar tech projects

Combined solar and storage

The new government program is aimed at supporting projects with the potential to significantly reduce the costs for solar energy systems while also boosting U.S. competitiveness and strengthening the country's clean energy...

Jinko reports growing Q3 shipments, falling Y/Y profits

Jinko power plant

China’s JinkoSolar continues to grow shipments in Q3, to 1.345 GW of modules, however its gross income on an annual basis has suffered, due to a number of factors including currency devaluation, stock based compensation expenses...

Hanwha reaps benefit of Q Cells takeover with Q3 net profit, capacity expansions

Hanwha's takeover of Q Cells is paying off

Hanwha’s takeover of Q Cells is bearing fruit, with Q3 recording significantly improved earnings results. In addition to a return to net profitability, Hanwha Q Cells Co. Ltd has raised its gross margin forecasts for Q4, and...

Li-ion battery costs to fall 50% in next 5 years, driven by renewables

Storage is essential for increased renewables uptake

Capital costs for lithium-ion (Li-ion) batteries are expected to come down by around 50% over the next five years, as a result of increased renewables generation, among other factors, finds Lazard in a new study looking at the...

Tongwei’s cell plans deserve caution despite ambitious downstream pipeline

China flag

Chinese PV aspirant Tongwei’s 5 GW PV cell facilities may take several years to realize, analysts caution, while its downstream ambitions in China could see significant capacity realized. Fab fit out likely to lead to orders from...

Astronergy to continue serving EU markets despite Chint’s censure

A Chint solar park.

Chint Solar subsidiary Astronergy will continue supplying the EU market despite its parent company exiting the EU minimum import price (MIP), after the EU Commission found it to be in breach of the undertaking.

Tata Steel plans 22 MW rooftop solar project in the Netherlands

The solar PV panels will be installed at Tata's IJmuiden steelworks factory

Tata Steel has unveiled ambitious plans to install a 22 MW solar PV rooftop system atop factory roofs in the Netherlands. When complete in 2018, it will be one of the biggest projects of its kind.

China’s GD Solar retires 640 MW manufacturing capacity

In 2013, GD Solar completed projects in China with a capacity of 715 MW

Guodian subsidiary, GD Solar will retire 640 MW of crystalline and thin film solar PV capacity due to low utilization rates, high production costs and market expansion difficulties.

White House holds National Community Solar Summit

68 state and local governments and organizations have now made pledges to increase access to community solar under a national partnership, including industry leader Clean Energy Collective.

Silver Lake invests $100 million in SolarCity

SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity's stock remains depressed.

Tongwei breaks ground on 5 GW solar cell fab in China

Chinese ribbon cutting ceremony

Chinese conglomerate holds groundbreaking ceremony for a supposedly massive solar cell production facility in Chengdu, western China, which will have an annual cell production capacity of 5 GW once complete.

Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities

Wind turbine in the sun.

The wind giant reveals bold investment plans in India's solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.

Enel marks push into renewables with Enel Green Energy repurchase

Enel Green Power power plant.

Italian utility Enel is moving towards the repurchase of renewable developer Enel Green Power (EGP). The move is the key part of Enel's stepping up of its renewable activity, as CEO Francesco Starace looks to EGP becoming "one of...

India's rooftop PV capacity to hits 525 MW, says Bridge to India

India's rooftop PV sector has grown by 66% over the past 12 months.

Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.

UK to phase out all coal plants by 2025

Coal plant.

Energy Minister Amber Rudd delivers speech calling for an end to 'outdated' energy source, with natural gas and nuclear power to be ramped up to plug the power gap.

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