Wacker revenue, sales hold steady during positive Q3
The German polysilicon producer sees third quarter sales contract slightly by 1% year-over-year, while EBITDA increases 14% and cash flow grows to EUR 229 million.
The pv magazine weekly news digest
German behemoths SolarWorld and SMA both lowered their financial forecasts this week; Tesla reveals details of its Panasonic partnership, and the IEA ups its renewables forecast, albeit only slightly.
Tesla breaks into the black in Q3 results
The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.
Operations start at Kuwait's first ever PV plant
Electricity started flowing at the landmark 10 MW Sidrah 500 PV plant in Kuwait on Wednesday, marking the beginning of utility-scale solar generation in the country, as the region begins to warm to the idea of PV deployment.
Commissioning delay for 181 MW of solar projects in Uttarakhand
The commissioning of a total of 23 solar projects has been delayed for five months in Uttarakhand, after disagreements and delays related to the local distribution company and the Uttarakhand Renewable Energy Development Agency.
Fotowatio awarded 300 MW project in Mexican auction
The Spanish solar developer has revealed that it was awarded a 300 MW project in the second Mexican power auction that took place in September, with a lower than average bid of USD 26.99 per MWh.
Australia: Network lobby proposes special tariff to keep households on grid
Australia’s main network lobby is proposing a new tariff for stand-alone power systems that it says will encourage more than one million households with large amounts of solar and battery storage to stay connected to the main networks, rather than lead an exodus.
Suzlon & Ostro announce 50 MW project in Telangana
Suzlon and Ostro Energy, two names more commonly associated with Indias wind energy industry, have announced plans to jointly develop a 50 MW solar project at Wanaparthy, Telangana, according to Mercom Capital. Both companies expect the project to be commissioned in 2017.
Gamesa to develop 130 MW of solar in India
The Spanish clean energy company has been chosen by Indian developer Atria Power to build two large-scale solar PV plants in the country. Contract is firm’s largest order in India to date.
Leclanché ups 2017 revenue guidance to 75% growth
Swiss-headquartered energy storage specialist reveals contract backlog of 85 MWh and ongoing negotiations equating to more than 300 MWh of new storage capacity over coming years.
