Germany added 350 MW of new solar capacity in March
The strong growth registered in the first quarter of the year – when 1.27 GW of new PV was deployed – will prompt a 1.4% reduction in the FIT price for the three-month period up to July.
Yingli reveals the full extent of its huge debt mountain
The SEC filing lodged by the Chinese manufacturer today tells the tale of ever falling panel prices, production shutdowns prompted by cashflow crises and multiple legal claims from creditors, as the company warns it could face being broken up.
US solar equipment supplier set to bank on Longi ambition
New York State-based Linton Crystal Technologies announced plans to bring its Chinese ingot production equipment business under one roof just hours after its major customer outlined its intent to manufacture even more monocrystalline panels.
China confirms FIT level payments – but they will be ‘subject to competition’
The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.
Renewables may be the victor in Spanish election
Although it is still unclear how the victorious Socialist Party will build a majority in parliament, listed Spanish energy companies such as Solaria and Audax saw the price of their shares rise significantly after the vote.
Fotowatio starts commercial operations at latest Jordan project
The Saudi-owned developer has announced an ambition to have installed 5.8 GW of renewables capacity by 2024 and took a small step in that direction with its 66.7 MW Al Safawi Solar Plant.
Mexico announces plans for 13 GW of new generation capacity – but no renewables in sight
The energy program will initially relate to combined cycle gas power plants with a capacity of 2.76 GW. No mention was made in electric utility CFE’s official statement of the possibility of increasing capacity by harnessing renewables.
Jinko announces 5 GW wafer factory and 10.7 GW of module supply deals
The new manufacturing facility will be located in Leshan, in China’s Sichuan province and will produce monocrystalline wafers. It will raise the group’s wafer capacity to around 11.5 GW. Meanwhile, large supply deals are said to have come from markets including Vietnam, Mexico and Spain.
Longi outlines aggressive expansion plans as annual figures are released
The world’s number one monosilicon module maker is not intending to give up its crown any time soon, and has announced further plans to expand its already huge annual production capacities for ingots, wafers, cells and modules.
Renewable energy will surpass coal in the US this month and next
The volume of U.S. electricity generated by renewable energy is set to surpass the level sourced from coal for the first time this month and the trend is expected to continue in May, according to Department of Energy data.
