Yingli profit margin halved in preliminary Q2 financials
Gross margin of sales expected to be between 6-7% for the second quarter, a fall of 50% on Q1’s 14.1% margin; scant preliminary data points to increased module shipments at discounted prices in China.
Honduras: 232 MW of PV projects receive three cent bonus
Eight solar PV projects in the Central American nation have received an additional US$0.03/kWh bonus for reaching completion by an August 1 deadline. Honduras’ feed-in tariff is driving rapid solar market growth.
Solyndra misled government to secure $535m loan guarantee, investigation finds
Four-year probe finds that the bankrupt solar company misrepresented facts and omitted key information in securing federal loan guarantee under stimulus program.
India's local content requirements violate global trade rules, finds WTO
World Trade Organization rules against India in U.S.-led dispute over the country’s local content requirements for its solar industry; government likely to appeal decision.
UK to propose drastic FIT cuts starting 2016
Department of Energy and Climate Change (DECC) also proposing enforcement of default FIT degressions each quarter; STA labels review ‘alarming’.
Hanwha Q Cells increases Q2 profit by 20%
Second quarter financials for the Korean solar firm reveal a steady performance, with module shipments up 12.2% and revenues reaching $338 million.
Construction underway on a 100 MW solar project in North Carolina
Principal Solar has partnered with Entropy Investments to build the project, which is larger than any operational solar plant east of the Rocky Mountains.
Idaho axes PURPA contract lengths in a bid to slow down solar
An enormous queue of solar projects in the state has prompted state regulator to cut contract lengths under a federal law requiring utilities to purchase power from renewable energy.
Idaho axes PURPA contract lengths in a bid to slow down solar
An enormous queue of solar projects in the state has prompted state regulators to cut contract lengths under a federal law requiring utilities to purchase power from renewable energy.
Solar alliance urges UK government to support small-scale FIT
100-strong alliance of small businesses, retailers and local government representatives sign letter urging British Prime Minister to protect feed-in tariff ahead of review later this year.
