Latest headlines

'Second-life' EV batteries could drive low-cost storage sector, says BNEF report

Mercedes-Benz has already begun exploring ways to repurpose its used EV batteries for stationary storage projects.

According to Bloomberg New Energy Finance, used electric vehicle batteries will amount to 29 GWh by 2025, with around one-third of that total viable for second life use as low-cost, stationary storage.


Europe's solar PV pipeline holds immense promise, says IHS Markit

Solar installation in Portugal.

A post-slump solar recovery could arrive in Europe as early as 2018 should policy support sufficiently smooth the path for dormant solar pipelines on the continent, says IHS Markit.


JinkoSolar steady on Q2 shipments and revenue, downstream activity surges

JinkoSolar rooftop solar array.

Vertically integrated Chinese solar firm increases sequential module shipments by 7.3% and revenue by 8.9%, while solar power projects generate 55.5% revenue increase over same period.


France ushers in 3 GW solar tender across six rounds

Solar installation in France.

Energy ministry confirms series of six tenders of 500 MW each to be launched between 2017 and 2020 as country gradually reignites efforts to boost its solar PV sector.


ReneSola revenue and margin falls in Q2 on slow domestic demand

ReneSola HQ.

China's second half slowdown drags module shipments down 19.5% sequentially, while lower wafer ASPs cause revenue contraction despite increased shipments.


BREAKING: SolarCity to lay off 108 workers in the SF Bay Area

The company will eliminate 80 employees from its San Mateo headquarters and another 28 from its offices in San Francisco.


Berkeley Lab: U.S. PV contract prices fell below $50/MWh in 2015

The national lab’s latest report finds ongoing declines in PV system prices, with residential system prices falling to $4 per watt in 2015.


Brazil mulls request for amicable cancelation of 670 MW of solar awarded in first tender

Sao Paulo.

Following the devaluation of the Brazilian real against the U.S. dollar, six companies that won PPAs in 2014 may now be able to cancel the solar development contracts. Small penalties likely to apply.


Ratify Paris Agreement early to attract better RE investment, G20 countries told

COP21 celebration.

A consortium of 130 global institutions that control $13 trillion investments has called upon G20 countries to move fast on ratifying the Paris Agreement in order to deliver greater policy certainty and more investment in...


Sungevity enters partnership with leading Belgian solar firm

Sungevity out and about.

The U.S. distributed solar installer has partnered with Belgium's Electrabel to begin installing rooftop solar panels across the country.


Essel Green Energy snaps up 240 MW solar project in Indian state of Odisha

Indian flag.

The subsidiary of Essel Group has secured the bulk of a 270 MW tender issued by the Solar Energy Corporation of India in the state, marking the firm's largest solar PV project to date.


Brazil: Huawei will sign a MOU with Steelcons at Intersolar South America

Huawei FusionsSolar Smart PV plant in Trowbridge, UK.

The agreement would mean that the Chinese company would fit its SolarFusion system to the 90 MW of solar projects that were awarded to Steelcons during the November 2015 tender.


Canadian/Recurrent puts online 100 MW-AC solar project in California

Canadian Solar predicts that Recurrent will complete more than 1 GW of PV projects in the United States this year.


Trina Solar back to sequential growth with revenue and sales increases

Cell manufacturing at Trina Solar.

The Chinese PV manufacturing powerhouse posted another set of impressive quarterly results, which saw significant sequential and year/year growth in revenues and sales, during a quarter in which the company broke a number of cell...


Yingli increases Q2 shipments, but low module ASP drags down gross margin

Yingli Solar

Chinese Tier-1 solar firm ships 662 MW of modules in Q2 but overexposure to lower-cost domestic Chinese market delivers gross margin contraction. Q3 guidance lowered to reflect straitened conditions.


Hanwha Q Cells' Q2 profit soars to $151 million

Hanwha Q Cells.

An 88.8% year-on-year increase in revenues underpins a strong quarter for the Korean solar company, with positive figures across the board.


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