The pv magazine weekly news digest
Massive movement in LatAm as Chile lowers the PV price bar and Argentina sets its solar sights high. Elsewhere, SolarCity continues to grab the headlines.
A solid Q2 for JA Solar sees significant increases in sales and revenue
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
SolarCity cuts co-founder salaries to $1, announces job losses
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
PPA generation certificates signed for DeGrussa solar+storage plant
Neoen and Origin Energy have signed a power purchase agreement (PPA) for large-scale generation certificates (LGCs) at Australias largest integrated off-grid solar and energy storage facility.
Sky Solar signs LOI for sale of 152 MW solar assets in Japan
Sky Solar Holdings has signed a Letter of Intent (LOI) with Solar Partnership Capital for the potential sale of 152 MW of solar projects at different stages of development in Japan, with an intention to invest further in solar projects within the country.
Meyer Burger posts 75% annual sales increase in H1 2016
The Swiss solar tooling specialist posts 20% order increase and positive EBITDA for the first half of the year, placing the firm on track to exceed guidance and put itself firmly in the black for 2016.
Lithium-ion battery test centre opens in Canberra, Australia
The Canberra Institute of Technology has opened the new facility, backed by a A$450,000 ($344,525) grant from Australian Renewable Energy Agency (ARENA), to assess the potential for residential energy storage.
India: secondary solar market emerging, says report
Indian solar developers are gradually laying the groundwork for the emergence of a secondary market for solar assets by shopping their rapidly growing project portfolios to prospective investors, according to a recent report by Bridge to India.
Argentina expecting USD4-5 billion investment in solar industry
The Latin American country is preparing itself for an estimated USD4 billion to USD5 billion to be invested in its solar industry by companies over the coming five years, as interest piques before the countrys first renewable energy auction since the new renewable energy law was passed.
