Zuma Energía reaches financial closing for two solar projects totaling 337 MW in Mexico

The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.


France plans 200 MW joint wind and solar auction

The French government, which has so far held separate auctions for the two leading renewable energy technologies, said joint tenders will help further reduce costs. The first auction will be open to projects not larger than 18 MW.


Foresight Group’s Australian PV power plant portfolio totals 250 MW

UK-based asset manager Foresight Group claims to have assembled the largest asset fleet of utility scale solar in Australia. After having acquired four solar projects in Queensland and initiated one Victorian project in less than two years, the fund noted that it had moved quickly to “capitalise on the opportunities.”

Markets & Policy

Solar remains largely unscathed as House tax bill passes

Though there are modifications to the hard-won investment tax credit step-down provisions, it appears the bill leaves the solar industry largely alone.


Solar Frontier reveals production halts in Japan

Solar Frontier has halted operations at its 150 MW Tohoku plant in northeastern Japan and has revealed plans to shut down production at its flagship 900 MW Kunitomi plant in late December, in line with plans to consolidate production in the southern prefecture of Miyazaki.

Markets & Policy

German Development Bank sets up €33 million credit facility to support renewables in Africa

The facility is planned to improve liquidity of developers of renewable energy projects up to 50 MW across Africa.

Markets & Policy

Belgium may add up to 18 GW of solar by 2040

Belgian grid operator Elia expects solar could reach 11.6 GW by 2030, especially if distributed generation and storage begin to see strong development.

Markets & Policy


India’s silent revolution makes some noise

Renewable Energy India Expo: The breathtaking scale of India’s solar expansion over the past 24 months has captured headlines around the world. The recent Renewable Energy India Expo laid bare the growth and opportunities apparent in this soaring market, which has matured from quiet evolution to rapid transformation.

India committed to its renewable energy targets, MNRE says at COP23

Panel consisting of government officials and industrialists organized discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ at the India pavilion at COP23 in Bonn. The government remains ambitious to meet its target and to follow sustainable development.

SunEdison to sell up to $417 million in TerraForm stock

The company stands to make a pretty penny by getting out of TerraForm Power.

Anti-dumping petition has created huge uncertainty for entire Indian solar sector, Bridge to India says

Indian renewable analyst firm notes that anti-dumping comes at inopportune time with the industry already reeling from a slowdown in new project procurement, extra costs due to GST, import duties and increased module prices. It is expected to come by October 2018 and may affect all stakeholders and projects in the pipeline as well as those awaiting auction.

Japan: Canadian Solar raises $66 million with dual-tenor green project bond

The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.

Indian government planning ‘rent a roof’ policy for solar rooftop

Under proposed ‘rent a roof’ policy, solar developers will rent rooftop space to install a PV array and offer to lease to each household and then feed the solar power to the grid, said MNRE Secretary Anand Kumar.



Changing tides

Utilities and solar: An increasing number of U.S. utilities are embracing the low and predictable costs of utility-scale solar. But conflicts remain over distributed generation, and the real question is who will own the solar that is being built.

Switching to solar can boost education, prosperity for developing world, study finds

Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.

100 MW PV project in Inner Mongolia announced by Yingli Energy

Yingli Solar has announced that its wholly owned subsidiary, Yingli Energy Company Limited is to develop a 100 MW “Top Runner” solar project in Wuhai City, in China’s Inner Mongolia autonomous region.

ERG enters solar energy business with acquisition of 89 MW in Italy

The Italian wind energy specialist has acquired 100% of ForVei, a company that owns 30 PV plants across northern, central and southern Italy.

ENGIE teaming with Heliatek to install HeliaSol lightweight technology at French school

ENGIE‘s teams have responded to tender calls by the Charente-Maritime Department, and will offer to cover a 530 square meter roof of secondary school Pierre Mendès-France in la Rochelle using HeliaSol technology.

ET Energy to build 61 MWp solar project in Malaysia

With over 220,000 solar modules installed on 110 hectares of land, the project is expected to be switched on by the end of 2018.



Building pillars of PV

Utilities in China: As China looks set to install up to 50 GW of PV this year, pv magazine examines the technology’s relationship with the country’s state utilities. Is the joint R&D venture between German equipment supplier Manz AG, Shanghai Electric Group and the Shenhua Group evidence that Chinese utilities are embracing a solar future?

imec, Panasonic develop highly conductive solid nanocomposite electrolyte

The Belgian research institute and the Japanese electronics group say they have developed a solid nanocomposite electrolyte with a lithium ion conductivity several times greater than in its liquid equivalent.

L&T Infotech and GE Digital as IIC members will deploy the Digital Testbed at solar plant in Rajasthan, India

The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.

Weather and climate data: Answers to questions from the pv magazine webinar

Assessment of weather data and forecasting are vital in reducing risks and, therefore, financing costs and losses during the operation of solar plants. Following a recent pv magazine webinar, Finnish environmental firm Vaisala has prepared detailed answers to the main questions posed by participants.

Energy Watch Group: 100% renewable electricity is both feasible and cost effective

A joint study by Finland’s Lappeenranta University of Technology and Energy Watch Group presented on the sidelines of the COP23 talks in Bonn demonstrates that a global transition to 100% renewable electricity could be achieved by 2050, and would be more cost effective than the current electricity system.

Scientists grind out solvent free perovskite thin-film process

Researchers from the Institute of Physics of the Polish Academy of Sciences (PAS) and the renowned Ecole Polytechnique Federale de Lausanne (EPFL) have collaborated on a new technique for the creation of perovskite solar cell materials. The technique replaces traditional solvent based processes with steel ball mill grinding.



Polyolefin backsheets taking confident first steps

Next-gen backsheets: Polyolefin-based backsheet suppliers show why they think that their developments could help to reduce PV LCOE. They call for module manufacturers to make use of this technology and gain experience with polyolefin. This was one of the topics at this year’s EU PVSEC.

Polysilicon shortage in China drives 35% price spike, Bloomberg reports

Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.

Manz reports revenue and profit increase

The PV equipment manufacturer further improved its sales in the third quarter. The company said its CIGS orders are fully on schedule and will be included in the results of the fourth quarter.

Interview: Vikram Solar CEO talks ahead of COP23 ISA presentation

Gyanesh Chaudhary, the MD, and CEO of Vikram Solar, speaks to pv magazine about the international solar alliance event held in collaboration with MNRE and CII at COP23 in Bonn, Germany and more on the Indian solar manufacturing sector. He is a part of the Indian (CII) delegation to COP23, Bonn Germany.

JA Solar posts $6.3 million net profit in Q3

JA Solar has recorded a net profit of CNY 41.9 million ($6.3 million) in the third quarter of 2017, down nearly 5% year on year, as revenue slid 27.1% from the preceding quarter to CNY 4.3 billion.

Daqo posts $24.1 million net profit in Q3

Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.

Energy Storage


East Africa: An emerging microgrid hub

Microgrid development: The new Energizing Finance report by Sustainable Energy for All showed that in the 20 countries with the largest unelectrified populations, only 1% of all electricity investment in 2013 – 2014 went to decentralized energy solutions. Given the International Energy Agency’s prediction that more than 40% of the unelectrified population will be reached by small-scale microgrids, this lack of investment represents a critical hurdle to providing electricity to the 1.2 billion people without electricity access by 2030.

Lesotho’s first utility-scale solar project moves forward

The government of the African country has issued an expression of interest in seeking consultancy companies for the environmental and social impact assessment of a 20 MW PV power project.

ARENA grants $1.9 million for distributed energy trials in Western Australia

Western Australia’s electricity provider Horizon Power is set to receive a financial shot in the arm through the installation of various distributed energy technologies in 90 homes and businesses in the coastal town of Carnarvon, which is home to the state’s first utility-scale energy storage, currently under trial.

Israel’s largest Solar plant to be constructed by Belectric Isreal and Solel Boneh

Shikun & Binui Renewable Energy Ltd, the renewable energy arm of Israel conglomerate Shikun and Binui will own the plant, which will be located near the village of Zeélim.

Contractors appointed for DP Energy’s 375 MW solar, wind, storage hybrid plant in Australia

The Irish renewable energy developer will employ engineering firm Downer to develop the 150 MW solar energy component of the Port Augusta hybrid plant, with wind giants Vestas contracted to build 225 MW of wind power.

Toshiba posts $439.5 million H1 loss as solar ops struggle

Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).

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Press Releases

us Photovoltaics and Rietech Solar sign cooperation agreement to produce next-generation of multi-crystalline wafers using HeraGlaze

Innovative new coating delivers 3% improvement in wafer output yield and cell efficiency by 0. 05%.

Growatt won the No.1 award of CREC in China residential & distributed PV market

Growatt, one of the biggest manufacturers and providers of cost-effective photovoltaic inverters with high efficiency, won the No. 1 award of CREC in China residential market and distributed PV market, and had a luncheon party for the gathering of PV heroes.

Ebes announces activation of its first solar farm in Brazil

Scheduled for November of the year, a 10% promotional project for entrepreneurs from the cities of Minas Gerais, attended by CEMIG.

DuPont and Giga Solar Materials Corp. announce non-exclusive license agreement covering solar conductive paste patents

DuPont and Giga Solar Materials Corporation announced today that DuPont has granted a one-way, non-exclusive license to Giga Solar and its affiliates for certain global solar conductive paste related patents owned by DuPont.