Markets

Manz AG announced its 2015 financial results indicating significant loss mostly in its electronics sector due to order cancellations and delays of around EUR 140 million. The company expects to grow its capital in 2016 due to the strategic collaboration with Shanghai Electric in the solar sector.

EGP, SunPower, Alten and Recurrent Energy were awarded PV projects in the first electricity auction following energy reform in Mexico. According to local press, the median price for solar was around US$40.50 per megawatt-hour.

The developer was able to connect eight projects to the grid in advance of a March 15 feed-in tariff deadline, but there is no guarantee that all will make the cut.

The troubled German PV builder tripled revenues and installations in 2015, and posted its highest backlog to date.

According to the Wall Street Journal, the Securities and Exchange Commission doubts SunEdison’s claims that its $1.4 billion in cash is readily available, and is investigating how much cash the company had to hand in August when certain claims were made.

The British solar developer augments its 1.1 GW managed solar portfolio with three third-party solar O&M projects from U.S. developer sPower; three projects are all located in west Wales and combined total 28.45 MW.

Over 50,000 solar lanterns have been donated to rural communities in 16 countries as part of Panasonic’s 100 Thousand Solar Lanterns Project, which hopes to double that number by 2018.

Oil-rich Middle Easter country Oman is encouraging its citizens to go solar. Potential power capacity for residential PV in the country can reach up to 1.4 GW, a study estimates.

Although China’s green bond scheme only began in 2015, the country is already planning a huge expansion of its green bond market in 2016 and in the years of its 13th Five-Year Plan. Chief economist of Research Bureau of People’s Bank of China (PBoC), Mr. Ma Jun, said that he expects China to issue green bonds in the value of RMB300bn ($46bn) by the end of 2016.

House in southeast county of Essex installed with 7.2 kW Tesla Powerwall as part of SolarEdge’s StorEdge retrofit solution for existing rooftop solar array.