SunPower could break into the black this quarter
The high efficiency PV maker may be hot on the tail of its golden goose, with demand outweighing supply for the company’s new A-Series and P-Series modules. And now that retooling is over, it’s time to sell.
Germany’s Umweltbank offers standardized financing for solar PPAs
The sustainable projects lender wants to become a pioneer in the financing of unsubsidized PV ground mounted systems. The loans have a term of 25 years and operators need a PPA with at least five years’ maturity at a fixed price.
Luxembourg raises solar FITs
For installations with a generation capacity of less than 10 kW, the feed-in tariff will rise 36% to €0.165/kWh and all installations below 500 kW are set to benefit from an improved regulatory framework.
Sonnen starts shipping batteries made in South Australia to New Zealand
The German energy storage provider has begun shipping batteries made in the former Holden factory in the north of Adelaide to New Zealand. Sonnen batteries will be available exclusively through the manufacturer’s local partner, Taspac Energy.
EBRD investment marks further commitment to Turkish renewables
The European Bank for Reconstruction and Development has acquired a $100 million stake in a Turkish renewable energy company as part of its ongoing efforts to diversify clean energy in the country away from hydro power.
Another big auction for solar in Brazil
After being excluded from the A-6 auction last year, solar will now be entitled to compete for 20-year PPAs alongside wind, hydro and thermal power projects in future procurements. The next auction will be held on September 26.
Baywa re to build its first unsubsidized solar plant in Germany
The 8.8 MW project, in Mecklenburg-Pomerania, will sell power to industrial customers through a long-term PPA. Construction is expected to begin in June.
Spain’s Audax to build 320 MW of PV plant capacity
After signing multiple PPAs for big solar projects in the Iberian peninsula as a buyer of electricity, the Spanish utility has announced it intends sell power from its own solar facilities. The planned PV plant portfolio will be spread across Andalucía, Castilla la Mancha and Murcia.
IHS Markit expects 4.3 GW of new storage this year
And the analyst expects that annual new additions figure to rise to 10.6 GW in 2025. This year the U.S. will surpass South Korea as the largest storage market due to new capacity for solar-plus-storage projects. In Japan and Australia, growth will be spurred by the termination of FIT programs.
Grim news for REC Silicon as U.S. raises trade war tariffs to 25%
With the deadline set by the Trump administration for avoiding a rise in further penalties on Chinese imports having passed without resolution last night, the Ministry of Commerce in Beijing reportedly warned of countermeasures, a threat which will raise fears among members of the Norwegian firm’s U.S. workforce.
