Latest headlines

Canadian Solar and GCL joint venture in Jiangsu hit by tornado

Damage to Canadian Solar and GCL's joint facility in Jiangsu, China.

China's coastal province, Jiangsu, was hit by a heavy tornado and hail on Thursday, causing at least 98 deaths and 800 injuries, while also causing damage to Canadian Solar and GCL System Integration Technology’s joint venture in...


Daqo gets approval for RMB500 million credit line

Polysilicon. Image by polysiliconsupplier.com

The Chinese manufacturer of high-grade polysilicon has been given approval for the RMB500 million (USD76 million) credit line from Chongqing Rural Commercial Bank, and will use it to increase its manufacturing capacity.


Intersolar Europe 2016 opens and it's got storage on the mind

Attendees entering Intersolar Europe 2016

The message at the opening press conference for the Intersolar Europe 2016 tradeshow was that growth is in the air in the solar industry, as prices experience a sharp decline. To take full advantage these developments, energy...


EUPVSEC opens with rallying call to Europe's solar industry

The opening sessions of the EUPVSEC 2016 conference began today, and will run all week.

This morning EUPVSEC kicked off at the International Conference Center in Munich. Some 6,500 authors and co-authors from 88 countries had submitted their abstracts for presentation at the week-long event. This year for the first...


Recycled PV materials could possess $15bn value by 2050, finds IRENA, IEA-PVPS report

Recycling PV.

Properly recovered materials from recycled solar PV panels could boast a value of $15 billion by 2050, or enough of an influx of material to produce two billion new panels, suggests a new report.


GCL raises $500m for multiple solar investments

GCL's $500 million fundraising venture should boost the firm's cell and module output.

Funding from a handful of private investors will be used for production ramp up of GCL's PERC and HIT cell technology.


The pv magazine weekly news digest

Solar panel in the sunshine.

In a week shaped by three pivotal reports that each forecast a bright future for solar, there was still a reminder of the industry's unforgiving landscape for companies that fail to move with the times, and markets.


Canadian Solar to invest $23m in 350 MW Brazil module fab

Sao Paulo, Brazil.

The Chinese solar firm will spend 80 million reais on the facility, which is to be located in Sao Paulo's Sorocaba and boast an annual module production capacity of 350 MW.


Inverter shipments to reach 90 GW globally by 2020, says GTM

The latest GTM PV Inverter and MLPE Landscape 2016 report shows how central inverters are set to lose their market dominance over the coming years.

New report suggests that PV inverters and module level power electronics will grow by an average annual rate of 11% between now and 2020, with central inverters set to relinquish market dominance.


IRENA forecasts 59% solar PV price reduction by 2025

Electricity generated by solar PV is likely to be 59% cheaper by 2025, according to an IRENA study.

New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.


Yingli Q1 profit of $72.8m is first for company since 2011

Yingli solar manufacturing.

Chinese module manufacturer increases revenue, module shipments and gross margin in first quarter of 2016 following concerted effort to supply higher cost markets.


World’s largest off-grid battery system headed to Rwanda

All Tesvolt storage systems are manufactured in Germany

The 2.68 MWh storage system will be supplied by German commercial system manufacturer Tesvolt, and will be connected to a 3.3 MW PV plant as part of an agricultural project.


China's NEA releases PV installation target for 2016

China flag. Image by Renato Ganoza

The installation target, released late in the year, limits PV installations to 18.1 GW, however, there are various PV projects that are not included in the target, which could see total installations reach 20 GW and beyond.


North American solar investors concerned about H2 oversupply

SunEdison worker.

Deutsche Bank released some market analysis, addressing the concerns of North American solar investors, who fear a potential PV oversupply is on the horizon, changes to net metering policies, and rising Chinese competition.


Operations start at Enel's 66 MW solar plant in South Africa

Enel Logo 2016

With production starting at the Tom Burke PV power plant, the Italian company now has nearly 160 MW of installed capacity in South Africa, as Enel’s groundbreaking year continues.


UK: despite record growth, 'sudden and severe' policy changes harming renewable sector, report finds

Solar installation from Solarcentury.

The Renewable Energy Association's report on the state of the British clean energy landscape warns that strong growth in recent years is threatened by repeated policy interventions by government.


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