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Canadian Solar revenue down but profits up in Q3 results

The Chinese-Canadian solar manufacturer shipped 1.59 GW of panels in the latest quarter. Despite a 15.8% turnover decline, operating result and net profit both grew significantly. Capacity expansion plans for 2019 are now said to be under review.

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A2A, Talesun plan 300 MW of grid-parity PV projects in Italy

The Italian power and gas provider and the European subsidiary of the Chinese module maker have created a join venture, which will acquire Talesun’s existing Italian PV plant portfolio of 43.2 MW and develop another 300 MW of market parity projects.

Boom in electromobility unlikely to cause lithium shortage

The French Environment & Energy Management Agency (Ademe) has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.

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Edison connects large-scale storage system at PV plant in southern Italy

The Italian power provider has implemented its first pilot storage projects linked to solar. The system can provide grid services such as primary and secondary frequency regulation and tertiary and voltage regulation.

Dutch government sets up €100 million fund for PV in schools

The scheme would provide low interest loans to Dutch schools willing to go solar. Some 6,000 of the country’s 7,000 school buildings have yet to install an array.

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Czech Republic may exclude PV from future renewables auctions

Once a leading European PV market, the Czech Republic may resume development of large-scale renewables from 2021. Only wind, hydro and biomass projects, however, will be eligible, under a proposal from the Ministry of Industry and Trade. Only rooftop solar, of up to 1 MW, would be backed by a ‘feed-in premium’ scheme.

Four key takeaways from Key Energy – Italy’s main PV event

Italy’s main solar event, held in Rimini last week, saw an increasing number of visitors this year. The Italian solar market, however, has not come through on its capacity expansion promises, due to lower than expected development in the PPA segment for large-scale solar; although the upcoming renewables decree, expected to be issued by the end of this year, may spur development through a series of auctions and tenders. Residential and commercial PV continue to sustain the country’s solar growth.

Daqo reports revenue, profit decline for Q3

Despite a considerable increase in polysilicon sales, the Chinese manufacturer saw its turnover decline 7.5% year-on-year in the latest quarter.

EU Parliament approves RE directive

The European Parliament has today approved half of the eight legislative proposals of its Clean Energy Package, including the recast Renewable Energy Directive.

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Bangladesh tenders 100 MW PV project

The solar park is set to be build in Sonagazi, on the southeastern coast of Bangladesh and must be developed under a joint venture with local power utility EGCB.

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