TEPCO reaffirms renewables commitment, vows to expand globally
The head of Tokyo Electric Power (TEPCO) has said that the Japanese company remains committed to renewables development, and has vowed to expand the regional utility’s business beyond its home market in the coming years.
Solar to lead global renewables growth for next five years — KPMG
Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this, it found.
Solar Frontier posts $73 million operating loss in 2017
Japanese thin film PV manufacturer, Solar Frontier has posted an operating loss of JPY 7.8 billion (US$73.2 million) for 2017, as it continues to rejig its business strategy and consolidate production in Japan.
Japan to install up to 7 GW in 2018 despite cancellation of 14.6 GW of approved capacity — report
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’s net income falls 17% to $261.7 million in Q3
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 bids $0.058/kWh in Meralco price challenge
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.
Annual solar installations to surpass 105 GW on Chinese deployment, European rebound — report
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 to invest $300 million in 5 GW module plant in China
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 capacity additions approach 50 GW mark in 2017
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.
Aiko Solar’s annual PERC output hits 4 GW
Guangdong Aiko Solar Energy Technology’s mono-Si bifacial PERC production capacity has reached 4 GW per year, following a series of phased upgrades throughout the second half of 2017 at two of its production facilities in China.
