Markets

The country is steadily expanding solar generation capacity as it aims for 5 GW by 2022, helped by an influx of foreign investment from China’s Belt & Road infrastructure program and World Bank capital.

Another large scale transaction by the electricity and gas supplier has enhanced its standing in the U.K. energy market, with the business now counting more than one million customers.

New analysis predicts more than 150 GW of tracker capacity will be installed in the next five years – around a third of all ground mount projects up to 2024. Rapid growth in Europe, the Middle East and Africa; and the better cost structures possible from combining trackers and bifacial modules are singled out as key trends.

Following their first strike with the 175 MW Don Rodrigo plant near Seville, the two companies have done it again by signing a long-term power supply deal for subsidy-free PV. This time it is for a 50 MW site under construction.

The solar manufacturer today moved to reassure investors ahead of what promises to be another rocky set of first-half figures in two days’ time. The Hong Kong company says it wants to add another 3.6 GW of mono ingot and wafer capacity by early 2021.

The solar home system company, which enables customers to pay their solar electricity bill through an app on their mobile on a PAYG basis, has conducted a monumental funding round as it eyes expansion to become a fully-fledged pay-as-you-go utility.

The Emirati utility and the Chinese communications giant and inverter maker have discussed how they can work together to roll out solar and storage in Dubai as well as collaborating on cyber security and the use of AI to analyze cyber threats.

With the anti-dumping and countervailing duties imposed in November 2013 set to expire nine months ago, the Canadian International Trade Tribunal has extended them for another five years, ruling their expiry would harm the nation’s only domestic manufacturer.

First-half losses that ballooned to $85.3 million saw the share price of the Texan third-party solar company fall 8% according to San Diego law firm Robbins Arroyo LLP. The legal business says it is investigating ‘potential violations of federal securities laws’ in connection with last month’s IPO.

A binational integrated solar industry project, announced just over a year ago, aims to build a vertically integrated solar manufacturing industry along the border between Brazil and Paraguay. But the project is now on hold pending an update and reassessment by its new managers.