China exported 37 GW of panels in five months
A booming overseas market has offset falls in demand in China caused by rising solar module prices, according to Flat Glass. In common with its PV glassmaking rivals, the company is pressing ahead with production expansion, betting reduced prices for its products will feed even greater demand.
Locally-made panels used in 50 MW Jordanian solar project
The Al Husainiyah solar plant, 200km south of Jordanian capital Amman, began commercial operations a week ago with more than 200,000 panels manufactured by 30% joint owner Philadelphia Solar.
First African solar project capacity financed under €5m crowdfunding-backed partnership
Swedish platform Trine, which offers people the chance to invest in solar from as little as €25, has announced plans to generate €5 million credit for South African solar leasing partner Solarise Africa.
‘World’s largest lead-acid battery output’ planned in Greece
Manufacturer Sunlight plans to invest €30 million to add 1.3 GWh of annual production capacity of lead-acid products by the third quarter of next year. The company will also devote €20 million to expanding its lithium-ion battery assembly lines.
EU approves France’s small scale solar FIT plans
The European Commission has determined France can offer the owners of building-mounted panels with a generation capacity of up to 500 kW a 20-year feed-in tariff without breaching the bloc’s state aid rules.
India’s Reliance Industries may acquire REC Solar
Mumbai-based Reliance Industries and REC Solar have declined to comment on rumors that the Indian company might acquire the Norwegian PV module maker, in a potential transaction that Indian media outlets have already valued at $1 billion to $1.2 billion.
International group offers $68m loans for struggling off-grid clean energy distributors
‘More than 90’ suppliers of appliances such as solar lanterns and home solar panels, as well as mini-grid installers, will be offered low-interest credit by an assortment of government-backed and privately-financed entities.
Solar developer Shunfeng mentions curtailment issues in China
The solar farm owner is having to juggle creditors as it tries to drum up further interest in its assets despite a ‘lack of marketability.’
GCL enters ‘final phase’ of its great project sell-off
The solar farm development unit owned by the poly maker sold off 2 GW of photovoltaic generation capacity in China in the first six months of the year but has confirmed more sales lie ahead.
Australia grid delays affect Dutch developer’s figures
Photon Energy reported raised revenue from sales of electricity in the second quarter of the year, compared with 12 months earlier, but said grid hold-ups at 14.6 MW of solar projects Down Under had affected performance.
