Highlights

With Hanwha Solar Holdings already owning 94% of the company, the module manufacturer could soon be a private company again. The Korean solar company says the transaction would cost the holding company around $45 million.

According to reports from Energy Trend, a 30% decline in PV demand from China this year will likely spell trouble for some of the country’s major module manufacturers, with job losses and factory closures expected, despite China’s determination to open new international markets for its PV industry.

Despite safeguard tariffs against certain imports of solar PV products into India, Chinese manufactured modules will remain competitive, says TrendForce. It further anticipates PV demand falling 30% in fiscal year 2018 in India, while cost pressures will mount for EPCs and project developers.

U.S. President Donald Trump has asked trade officials to consider increasing import duties from 10% to 25% on a list of products from China, including inverters, AC modules and non-lithium batteries.

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

World Overshoot Day marks the day the world has used up its annual budget of the resources it could have sustainably consumed. Despite efforts in relevant sectors, the date is creeping forward every year. Twenty years ago, it was in late September.

Despite recent announcements for large-scale solar projects across Italy, the country has seen just residential and commercial and industrial projects come online in 2018. Meanwhile, solar has been able to cover 8% of national demand in the first half of this year.

The International Energy Agency’s latest study of global energy investment paints another rosy picture for solar – even as the authors warn of missed sustainable growth targets – but the report covers last year, and notes China’s policy about-turn could blow a cold wind through PV.

According to the latest statistics from the Clean Energy Council (CEC), there are 42 wind and solar projects totaling 6239 MW worth close to $10 billion currently in construction or due to start soon across Australia. The unprecedented large-scale renewables activity is, however, surrounded by growing uncertainty over future policy and regulatory change.

Wildlife vandalism is the least of the worries afflicting PV system owners in India, according to a report which exposes cost-cutting in installation, non-existent warranties, serious safety concerns and improbable performance figures.