India’s cumulative grid connected solar capacity reaches 22 GW

According to the latest figures from the MNRE, cumulative grid-connected ground-mounted solar PV capacity has reached 22 GW in India, with 1.3 GW connected between this April to July. Module prices, meanwhile, are said to have come down “considerably”.

Solar cell prices decline in reaction to safeguard duties, impending MIP decision

“Significant” price movements in solar PV cells has been observed this week, in reaction to India’s safeguard duties, and the impending MIP decision, says EnergyTrend. Module, wafer and polysilicon prices, however, remain stable. In contrast, prices for li-ion batteries are set to increase by as much as 15% in Q3.

GCL-Poly issues profit warning

GCL-Poly Energy Holdings Ltd expects profits for the six months ended June 30, 2018, to drop between 60 and 70%, down from the around RMB 1.2 billion (US$173.6 million) it earned in the previous year.

How EVs will transform our grids, or the death of the combustion engine

The driving force behind the innovative energy storage system installed at Amsterdam’s John Cruiff ArenA in the Netherlands, The Mobility House (TMH), talks to pv magazine about the death of the combustion engine, and how electric vehicles (EVs) are presenting both strong business cases, and unparalleled levels of flexibility via decentralized intelligence – blockchain technology – for electricity grids around the world.

Seraphim plans 1.5 GW solar module, 300 MW cell fab in Africa

Chinese solar PV manufacturer, Seraphim has inaugurated a US$14 million, 300 MW solar PV module manufacturing facility in South Africa. Plans are in place to ramp this up to 1.5 GW over the next three years, and add 300 MW of cell production.

UK: Renewables can compete in balancing market, may be eligible for capacity market

Offgem has granted Limejump access to the balancing market via its VPP, meaning renewables can, for the first time, participate. Meanwhile, under its latest consultation on the capacity market, the government is considering granting access to renewables.


Engie emerges as clear winner of France’s PV tenders

Examining the results of France’s latest solar PV tender, Finergreen says that Engie has secured the largest share of the 727.9 MWp awarded this week. Overall, 103 projects were awarded under three categories for average tariffs of between €52.1/MWh and 83.8/MWh.

PV demand, changing auctions and price declines – GTM lays out its latest predictions

An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.

Trina to deliver PV modules to 258 MW Vietnamese project

Chinese solar PV manufacturer, Trina Solar will deliver PERC modules to the 258 MW project, located in the southern province of Ninh Tuan. With an investment of around US$220 million, the project is set to be Vietnam’s largest, when completed next June.

BayWa closes €100 million financing for subsidy-free Spanish PV park

BayWa r.e. renewable energy GmbH has achieved financial close on €100 million construction bridge financing for its 174 MW solar PV project in Seville.

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