Belectric awarded 77.4 MW under Turkeys first solar licensing round
Belectric is set to install 77.4 MW worth of PV projects under Turkeys first solar licensing round, including a 45 MW PV system. Construction is expected to get underway in the first half of 2017.
Germany: First PV tender round closed
All successful bidders have paid the second security deposit under Germany’s first PV tender round. They now have 24 months to realize their projects.
Trina records "strongest" Q1 performance
Despite a Y/Y decline in net income and gross margin, Trina Solar says it has recorded its strongest Q1 in company history. PV module shipments topped 1.03 GW. It adds that capacity expansions are on track.
Solar-Fabrik announces job losses
Germanys Solar-Fabrik has announced it will reduce its workforce by 65 in Freiburg. The move will make the troubled solar company more attractive to investors, it says.
Yingli issues statement refuting liquidation reports
Chinese solar giant states that it is “optimistic” and “confident” about its ability to continue servicing the global market, following recent reports to the contrary. Company announces keenly awaited conference call.
Update: Jordan’s unveils successful bids under second tender
The successful bidders under Jordans second 200 MW PV tender round have been announced. Two from Saudi Arabia have generated hopes for a spillover of the uplifting solar mood to the nearby Arab state.
Canadian Solar secures US$44 million loan for Ontario PV plant
Canadian Solar Inc. has secured a US$44 million non-recourse construction loan facility for its 10 MW utility-scale PV plant, located in Ontario.
US: SEIA forecasts 25-50% solar market growth in 2016
SEIA forecasts 25-50% market growth in all U.S. solar sectors by 2016. Analyzing the industry from 2004 to 2014, the association finds “huge” growth rates in the employment and investment sectors, in addition to solar deployment. It forecasts 40 GW of cumulative capacity by the end of 2016.
Stationary storage costs to remain high, despite predictions of $172/kWh Li-ion battery costs
Lux Research predicts that costs for “best-in-class” players’ lithium-ion (Li-ion) battery packs will fall to US$172/kWh by 2025. These prices will primarily benefit the electric vehicle (EV) industry, however, with the stationary storage market continuing to see significantly higher prices.
Panasonic aims for 1GW global PV module production
Panasonic Corporation is adding new capacity to two of its existing HIT PV module production lines in Japan under a US$79.3 million capital investment. It aims to increase global capacity to over one GW by 2016.
