The pv magazine weekly news digest
Amid new efficiency world records, surging growth for emerging solar markets and a bullish report from IHS predicting 272.4 GW of new capacity by 2019, naysayers and doom mongers are still making their voices heard.
Neo Solar Power to expand PV manufacturing to Southeast Asia
Buried in Taiwanese PV maker NSP’s Q3 results is a statement that the company is moving production capacity to an un-named Southeast Asian nation.
Lightsource signs deal for 3 GW of solar in India
Investment of GBP 2 billion agreed during Indian Prime Minister Narendra Modi’s visit to the U.K. and is part of a wider GBP 10 billion trade deal between the two nations.
Sunpower introduces new PV module design, offers 2016 guidance
Sunpower has introduced a new PV module series based upon a novel interconnection technology, as well as warning of a fall in revenues and a loss in 2016 as it plows more projects into its yieldco.
SunEdison project business booms amid a changing course
SunEdison reported a very strong quarter in its project business with far more solar and wind projects under construction than ever before at 2.9 GW, as the company shifts strategy.
Canadian Solar: strong Q3 sales growth prompts capacity expansion
Chinese PV manufacturer Canadian Solar has announced strong shipment, revenue and income growth in Q3 2015. It has flagged manufacturing capacity expansions that will see its module output grow to 5.63 GW by the end of 2016 and has upped its 2015 full year outlook to revenues between $3.28 billion to $3.33 billion.
IEA talks Energy Transition, but still low-balls future growth of wind and solar
IEA’s World Energy Outlook 2015 acknowledges the increasing importance of non-hydro renewable energy, but retains unrealistically pessimistic estimates of cost reduction and future market growth.
Iran to host 1.25 GW solar PV project, reports Bloomberg
A leading Iranian energy official tells Bloomberg that an unnamed German company will build several solar power plants in the province of the nation’s capital, Tehran.
New York leads coalition of U.S. states in legal defense of Clean Power Plan
While the Clean Power Plan has been under attack in red states, a new coalition of some of the larger states and cities in the nation has thrown down the gauntlet.
TEP files to decrease payment for solar PV customers
Utility Tucson Electric Power (TEP) has filed for a new rate case, under which it plans to dramatically reduce compensation for PV system owners.
