Highlights

Developers have until May 29 to register for the first stage of the process to procure four solar projects. With work under way on the second round of the IFC’s Scaling Solar program in the nation, 12 bidders have been identified to compete for the two projects previously offered under the initiative.

Latest tirade may simply be a crude bid to up the ante with a high-profile Chinese deputation due to visit the U.S. in the latest round of trade talks this week but its timing is worrying for the Chinese solar companies struggling under huge debts.

The energy transition does not only change electricity generation, but ideally also how we consume. Electricity markets in Europe, however, must deal with legacy regulations that fail to incentivize ideal consumption patterns to reduce curtailment and make the best possible use of the renewable energy assets we have. The result is towering bills for ancillary services, that could easily be avoided with a few regulatory tweaks and virtual power plants.

Straining under a $2 billion debt mountain, the solar manufacturer is pinning its hopes on the proposed sale of its Jiangsu Shunfeng subsidiary to prevent it suffering the same fate as the original parent company of the Wuxi Suntech unit that makes up part of the Jiangsu division.

The Ministry of Electricity is tendering a 30 MW plant, four 50 MW projects, and two much bigger projects, with capacities of 225 MW and 300 MW. The plants are intended to begin commercial operations next year.

The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, in spite of having lost 4% in global market shares, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market last year, accounting for 64% of global shipments. Sungrow and SMA were, respectively, the second and third largest providers.

Located in the town of La Paz, in Baja California Sur, the Aura Solar III plant has a generation capacity of 32 MW and includes a lithium-ion battery storage system with a capacity of 10.5 MW/7.0 MWh.

The strong growth registered in the first quarter of the year – when 1.27 GW of new PV was deployed – will prompt a 1.4% reduction in the FIT price for the three-month period up to July.

The SEC filing lodged by the Chinese manufacturer today tells the tale of ever falling panel prices, production shutdowns prompted by cashflow crises and multiple legal claims from creditors, as the company warns it could face being broken up.

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.