The U.S.-based developer of printed solar cells signs $100 million agreement to open manufacturing facility in Indian state of Karnataka; production set to commence as early as August 2016.
Government urged to back its praise for the Paris Agreement with hard actions ahead of consultation this week on decision to cut FIT by 87%; u-turns also required on other clean energy targets, experts say.
The results of the UKs second capacity market auction were published last week. Overall, the auction remunerated GBP 300 million of public subsidies in polluting diesel and small gas generators at a time when support for solar PV and onshore wind has been drastically slashed.
The first phase of the new plant will make multicrystalline silicon ingots and wafers, and the second phase n-type mono for MegaCell’s bi-facial cells.
The locally made controllers comply with Brazilian Development Bank requirements and will facilitate local bank credit access for EPC companies and developers.
Scatec Solar partnered with Google to finance and own the solar park, which will generate 210 kilowatt hours of electricity annually. The Norwegian company is currently developing a second plant of equal size in the state.
The Chinese solar tech group said it would increase investment on research and development with the aim of further raising its modules’ mass production output power up to 310 W.
As the need for the integration of renewable energy into the power grid grows, Asia will emerge as dominant region for energy storage, according to Frost & Sullivan. That need is expected to drive significant interest in community and grid-scale energy storage solutions next year, particularly in Japan, China and South Korea.
The company says the minimum import price does not reflect current market trends, which show average selling prices in major markets continuing to decline at a faster than expected rate. Trina will now supply EU markets through its overseas manufacturing facilities.
This week in PV news: Mexico approves energy reform, India installs the largest single rooftop solar in the world and the U.S. looks set to install a whopping 3 GW this quarter. In the U.K., a proposed tax hike on solar panel generates further woe and Dubai’s 800 MW tender has major global PV players scrambling to the Gulf.
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