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.
JA Solar ships 2.14 GW of modules in Q2
Chinese crystalline module manufacture JA Solar shipped 2.147 GW of modules, and a further 167.2 MW of cells to external customers, as well as 74.5 MW to its own downstream projects. This makes JA Solar only the second company to exceed 2 GW in shipments for a single quarter.
India imposes antidumping duty on tempered glass from China
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
Egypt: First project contracts signed under EBRD framework
The European Bank for Reconstruction and Development (EBRD) today announced the completion of financing for two 50 MW PV projects, to be built as part of the 1.8 GW Benban Solar complex in Egypt’s Aswan province.
Datang posts $81.2 million net profit in H1
China Datang Corporation Renewable Power’s net profit more than doubled in the first half of 2017 to CNY 541.77 million ($81.2 million), as utilization hours of its solar projects rose from from the preceding year.
Foresight Solar Fund to pursue international strategy
The Foresight Solar Fund, an investment group with a 470 MW portfolio of solar projects in the UK, published financial reports for the first half of 2016 this week. Reporting after tax profits of GBP 11.5 million ($15 million) for the period up to 30th June, the group also announced plans to expand and acquire projects in new markets outside of the UK.
Appeals court upholds SolarWorld’s $800 million debt to Hemlock
The ruling comes as the German solar manufacturer is restarting following an insolvency process, and Hemlock may have a hard time collecting.
Meyer Burger reports strong demand, customer orders in H1 2017
Following a comprehensive restructuring program to sustainably increase its profitability, the Swiss PV technology provider has posted the highest volume of incoming orders in any half-year period since 2011.
BECE forecasts sharply higher H1 profit
Beijing Enterprises Clean Energy (BECE) expects its consolidated net profit to soar by 700% to 800% year on year in the first half of 2017, based on a preliminary review of its unaudited results.
Toshiba narrows PV loss as group struggles to survive
Toshiba has reported a group net loss of JPY 965.7 billion ($8.8 billion) for fiscal 2016, as its energy systems and solutions business — which which builds solar, wind, geothermal and hydropower projects, in addition to battery-based energy storage systems and smart meters — posted an operating loss of JPY 41.7 billion in the 12 months to the end of March 2017, marking a significant improvement from the preceding fiscal year.
