Japan will likely install 6 GW to 7.5 GW (DC) of solar in 2018, from about 7 GW in 2017, despite government efforts to cancel approvals for projects that were registered under the country’s old feed-in tariff (FIT) program, according to a new report.
Kyocera posted a net profit of JPY 28,880 million ($261.7 million) in the third quarter of the current Japanese fiscal year, down 16.8% year on year, as the group continued to consolidate its PV manufacturing operations in the face of falling sales in its home market.
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
Global solar installations could reach about 106 GW this year, largely on the back of high deployment in China and an anticipated demand recovery in Europe, according to a recent report.
Longi Green Energy Technology has revealed plans to invest CNY 1.95 billion ($299.5 million) in the construction of a 5 GW solar module assembly plant in eastern China.
China’s cumulative solar installations reached approximately 125.8 GW by the end of November, suggesting that PV developers completed nearly 50 GW of capacity in the first 11 months of 2017, according to new government statistics.
GCL-Poly Energy has announced a handful of service deals among several of its subsidiaries dating back to 2016, in line with disclosure requirements related to a recent share subscription by its Hong Kong-listed solar O&M unit, GCL New Energy (GNE).