Ireland needs rooftop PV incentive scheme, report shows
As Ireland’s Department of Communications, Climate Action and Environment is considering a new renewable electricity support scheme to replace the existing REFIT regime, Friends of the Earth voices concerns that the new scheme may fail to consider rooftop installations. The environmental NGO argues that introduction of a subsidy for rooftop solar PV is vital for putting the country on a decarbonization course.
Ontario launches green fund with initial $298 million investment
The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment.
Denmark’s Better Energy signs solar partnerships with Tata Power Solar and Huawei
The Danish renewable energy developer partners with the Indian solar energy company for the supply of solar modules, as well as China’s Huawei for the its inverter solutions.
Comtec signals H1 turnaround, moves on downstream deals
Comtec Solar Systems will likely record a net profit of roughly CNY 8.8 million ($1.3 million) in the first half of this year, marking a sharp turnaround from the CNY 6.4 million net loss it posted in the first six months of 2016.
Quality is an issue in the fast-growing Indian market
Opinion: One of the main challenges for investors in India is to meet competitive pricing while achieving acceptable quality. Prakash Vora, senior director – Operations at Terraform Global India, explains how to ensure quality in India.
Banpu targets 300 MW with new downstream unit
Banpu, Thailand’s biggest coal miner, has jumped into downstream solar project development, with the launch of a new subsidiary that aims to install 300 MW of solar capacity over the next five years.
pv magazine 7th Quality Roundtable: why investors should spend a little to save a lot
At the 7th pv magazine Quality Roundtable, to be held on September 21 at the REI show in Greater Noida, India, a collection of experts will examine the chief quality concerns facing this growing market. Confirmed speaker Steven Xuereb of PI Berlin explains how investors should take a long-term view when entering the Indian market, looking beyond immediate gains.
Hanergy claims narrower profit of $31.3 million in H1
Hanergy Thin Film Power (HTF) has reported an unaudited net profit of HK$244.8 million ($31.3 million) in the six months to the end of June, down roughly 70.2% from the preceding year, as revenue edged down 13.4% on the year to HK$2.9 billion.
Australia: AEMC shies away from “solar tax”
Although proposed in the report’s draft, the Australian Energy Market Commission’s final report on the Distribution Market Model does not mention imposition of charges for export of energy from distributed generators.
Staying below 2 degrees is “possible and practical” says RMI
The Rocky Mountain Institute’s new report Positive Disruption describes pathways for the global economy to mitigate serious global warming through accelerated adoption of renewable energy, the transformation of our energy and transportation system, and improved management of agriculture, forestry, and other land-uses. Staying below two degrees Celsius of warming is not just possible the report argues but practical given the accelerating declines in the cost of renewable energy.
