Markets

The German PV equipment provider will not achieve the sales and earnings targets set for this year. CNBM is not expected to place orders for the expansion of its CIGS thin-film production operations in China until the fourth quarter.

The Infrastructure Development Bank of Zimbabwe has issued a request for proposal to seek partners for the development and construction of seven solar parks, with a combined generation capacity of 235 MW, plus two mini-hydro power projects.

The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.

The debt-saddled developer has announced it is now almost 63% owned by Chinese state entities and is seeking to refinance its debt pile with new long-term arrangements, take on fresh debt and issue more shares.

Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.

The nation’s thriving distributed generation market is flying, as was evident at last week’s Intersolar South America trade show. The sector seems unconcerned by mooted changes to net metering incentives in the new year and when even an environmental non-believer like President Bolsonaro is on side, it is difficult to be pessimistic.

The heavily indebted developer has cashed in two eight-project portfolios for an immediate $28 million windfall but accepted the sales recognize heavy losses as it continues to try and pay down debt.

Fraunhofer ISE has worked with German technology companies to improve the metallization process in silicon solar cells. The result could drive down module costs quite a bit.

Ontario’s Independent Electricity System Operator will implement a pilot project for a future electricity market based on PV, storage and smart power consumption. The utility says the project will be a cheaper, more efficient alternative to expanding grid infrastructure.

Erica Mackie is the CEO of Grid Alternatives, a U.S.-based nonprofit organization that has helped nearly 15,000 low-income families to go solar at no cost. It has also provided more than 42,000 people with solar education and job training. Mackie co-founded Grid Alternatives in 2001 while working as an engineer in the private sector, and since then the organization has become a driving force for access and equity in the PV industry.