REC sees potential in APAC region
Renewable Energy Corporation (REC) released its second quarter results for 2015, highlighting a 12% increase in module revenues and an increased solar footprint in the APAC region.
US Clean Power Plan good for utility-scale solar, ignores distributed
The EPAs highly anticipated Clean Power Plan was unveiled yesterday. Utility-scale solar and wind have been handed a leading role in carbon reduction; distributed solar has not been included, and storage is seen as non-essential. Deutsche Bank says the increased support could suggest a potential ITC extension. Under the new rules, states have until 2018 to submit their final plans.
Smart energy reform proposed by PG&E
PG&E (Pacific Gas and Electric Company) has submitted a proposal to the California Public Utilities Commission (CPUC) proposing new rules allowing for a smart energy reform.
Latin America records biggest utility-solar quarter
Latin America saw 363 MW of utility-scale solar PV come online in Q2, representing an 80% YOY increase, writes GTM Research. Overall, the region has a solar pipeline totaling 34 GW, with 981 MW entering construction in Q2.
New technologies will push costs down, says Lux Research
In its latest “Silicon solar cell and module roadmap” report, Lux Research says that emerging technologies like PERC and bifacial cells will aid in pushing down module costs in 2020.
95.5 MW of PV capacity for June in Germany
In June this year, the German Federal Network Agency registered a rather low 95.5 MW of PV capacity, depicting the same story as in the last months. Of that, 56.8 MW came into operation.
Residential solar market remains the most attractive, says Deutsche Bank
The latest Deutsche Bank “Solar sector update” states the U.S. continues to drive global solar demand and the residential market retains its draw for investment.
Welspun commissions 34 MW Indian solar plant
Welspun Renewables has commissioned a 34 MW solar PV plant in Punjab. It has signed an MOU to develop a further 151 MW in the state, and is said to be targeting 11 GW of renewable installations in India.
JinkoSolar secures $70m loan agreement with Ex-Im Bank
Bulk of the loan ($62 million) will be used to support the Chinese solar company’s long-term fixed assets, with a further $8 million (RMB50 million) loan to be used for working capital at its Malaysia factory.
China: GCL, CNI enter into EPC solar contracts totaling 90 MW
GCL New Energy Holdings Limited, via two subsidiaries, has signed two EPC agreements with CNI Energy, a wholly owned subsidiary of CNI (Nanjing)
Energy Development Company Limited, to install 90 MW of solar PV plants in China, worth around US$98.5 million.
