Latest headlines

SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

Growing solar sales insufficient to stem cash burn at Singulus

Singulus building

German production equipment supplier Singulus is pursuing a debt-equity swap to tide the company over a difficult period in which its liquidity has been diminished due to weak sales to the optical disk industry. This is despite...

Amtech records flat Q4, reports increasing quoting activity

Amtech guy

U.S. production equipment Amtech has reported relatively flat revenues in Q4 fiscal 2015, however increased quoting activity and Y/Y sales increases point to a rebounding PV equipment market.

The pv magazine weekly news digest

Delhi, India

India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week's...

IBC Solar expanding operations globally

IBC Solar PV power systems atop the Grupo de Energia building in Bogota.

The Bavaria-based PV systems group has repositioned itself. In addition to the German market, IBC Solar is strengthening its activities in sales and project business in Latin America and other countries.

Elite Solar: More than US$7 million in new solar contracts

Elite Solar PV installation, San Antonio Elementary School

With more than a dozen projects currently under development and several more about to begin, the California solar company is expecting revenues this year to soar 140%.

Tesla still in talks for German battery fab

BMWi production in Leipzig

Electric car production is likely to accelerate in the wake of the VW emissions scandal, according to Audi's top U.S. exec. While Daimler appears content to use Asian-made batteries, there are increasing calls for German...

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.

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