According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.

With over 6.17 TWh, solar power generation surpassed its previous record of 5.93 TWh, set just two months earlier.

The country’s cumulative installed solar PV capacity has now reached 44.3 GW. As a result of this strong growth, the FITs for rooftop solar will be further reduced.

When Eon receives all regulatory approvals, it will own an 86.2% stake in Innogy. The energy company also finalized its voluntary public takeover bid to the minority shareholders.

Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.

The Chinese state-owned State Grid Corporation of China has been attempting to acquire a 20% stake in German transmission system operator, 50Hertz for some time now. After the intervention of Germany’s Federal Government, however, this share will now go to domestic development bank, KfW.

The Schletter Group will equip a 200 MW solar PV park in Vietnam with mounting systems. The project is expected to be completed by 2020.

With a capacity of 58 MW, the Caribbean’s largest PV plant has been commissioned in the Dominican Republic. The site was developed, planned and built by German EPC, F&S Solar. It now aims to ramp the project up to 119 MW by next year.

The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.

PV systems set a new German record in May. According to preliminary figures from the IWR, photovoltaics produced just under 6 TWh of solar power during the month.