Flextronics to buy NEXTracker
Four months after NEXTracker chose Flextronics to make its single-axis trackers, the contract manufacturer has entered into a deal to buy the company.
Australia: CEFC to tip another AUD$250 million into large scale solar projects
Australia’s Clean Energy Finance Corporation is to tip another AUD$250 million of financing into large scale solar projects, as part of a co-ordinated drive among government agencies to build up to 10 major projects and drive down the cost of large scale solar.
Mexico to award longer PPAs under energy auctions, specific scheme for renewables
The rules for the electricity market published on Tuesday establish longer PPAs for projects awarded in auctions. The first energy tender is expected this year. The electricity market starts to operate at the beginning of next year.
Low carbon smart cities could save world $22tn, finds study
Global Commission on Climate and Economy urges national governments to back efforts to transform cities into climate-smart hubs to save money, lower emissions and improve living standards.
PV trade dispute: EU ProSun files request for expiry review of undertaking
EU Prosun announced this summer its intention to file the request with the European Commission within the allotted time and it has now done so before the deadline expired this past weekend. Supporters and opponents in the PV trade dispute are increasingly staking out their positions on the issue.
GCL-Poly to offload non-solar business for $503m
The Chinese polysilicon and wafer producer plans to sell all non-solar related interests to Jiangsu Golden Concord Energy Co. for a reported sum of 3.2 billion yuan.
UK energy secretary defends solar FIT cuts
Amber Rudd pens column in which she explains the government’s proposals to slash the U.K. feed-in tariff by 87%; industry remains surprised and disappointed by the move.
Yingli shipments, revenue and profit falls sharply Y/Y in Q2 2015
Company posts PV module shipments of 727.9 MW for second quarter, down from Q1 2014 and below last year’s Q2 figures; revenue falls to $438.1 million on back of reduced shipments and lower ASP.
Market for module-level power electronics to reach $1bn in 2019, says IHS
Report forecasts compound annual growth rate of 19% per year for the global MLPE market, with key markets expected to include the U.S., Australia, France, the U.K. and the Netherlands.
ARENA seeking large scale solar projects under $135/MWh
The Australian Renewable Energy Agency says it is seeking large scale solar projects that can produce energy at a cost of $135/MWh as it calls for tenders for its first AUD$100 million funding round for the technology.
