India’s SECI reduces manufacturing tender size from 5 GW to 3 GW
In a major development, the Solar Energy Corporation of India (SECI) has reduced its solar manufacturing tender size from 5 GW to 3 GW, and curtailed the minimum bid capacity from 1 GW to 600 MW. The size of Power Purchase Agreement (PPA), however, remains unchanged at 10 GW.
EnergyTrend expects price shuffle after EU ends MIP
According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.
Austria: Energetica aims for gigawatt module production capacity by Q3 2019
In a bombshell announcement at the start of the week, the PV company said it would construct a gigawatt solar module fab in Austria. Now, Rene Battistutti, CEO at Energetica Group tells pv magazine why he believes the company’s modules are competitive with Asian products.
US: Ohio business community backs 2.2 GW of Ohio solar
Speaking the language of manufacturing, employment, and economic opportunity, five prominent corporations have backed a 2.2 gigawatt solar goal for Ohio by 2030.
Silfab unveils US manufacturing site with $40 million investment in Itek Energy
Canada-based Silfab Solar has invested US$40 million in U.S. solar PV module manufacturer, Itek Energy, LLC’s Bellingham, Washington production facility.
Lion Point Capital offers $250m to support Canadian Solar’s go-private bid
Shares of Canadian Solar soared earlier this week after U.S. investment firm Lion Point Capital revealed that it had initiated discussions with a number of undisclosed third parties about the possibility of funding the privatization of the solar PV module supplier.
US data suggests collapse of PV module imports in the wake of Section 201
Newly released EIA data shows overall module shipments falling by two thirds in the second quarter of 2018, while pre-tariff prices remained relatively steady.
Battery materials company Livent Corporation goes public
The lithium producer is banking on both its substantial history and new developments in the rapidly growing the electric vehicle market.
Undaunted Xinyi presses on with production expansion
Chinese solar glass manufacturer will forge ahead with plans for three new Malaysian fabs – at some point – but EPC and development operations are fading into the shadows in the wake of Beijing’s new PV policy direction.
Elon Musk scraps plan to take Tesla private
The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
