Indian PV installations fell by half in Q2
In the second quarter, India installed solar projects amounting to 52% less capacity quarter-over-quarter, due to uncertainties around trade cases, module price fluctuations and PPA renegotiations prompted by record low solar tender bids.
PV steps in to cover coal and nuclear power shortfalls
The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.
Digging down into Hanergy’s latest impressive figures
The first-half results appear to indicate a renaissance for a thin-film manufacturer still suspended from the Hong Kong Stock Exchange, but a strategy of having affiliate companies invest in Chinese industrial parks to secure returns from the resulting orders for manufacturing equipment, may make would-be investors uneasy.
GIP launches renewable energy developer, acquires 4.7 GW of SunPower assets
Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline.
Australia’s Queensland could be 90% renewable by 2030
If all planned renewable energy projects were to proceed, Queensland, Australia, would be in line for an AU$24 billion injection into the state’s economy and over 35,000 new jobs, shows a new Solar Citizens report.
Malawi needs technology roadmap for national PV drive
According to South African research institute CSIR, the southeast African nation may raise its target for rooftop solar to 50,000 installations by 2030. The institute is seeking consultants to define the future solar roadmap for the country.
RECC Survey: UK proposal to end tariffs could cost thousands of jobs
RECC survey respondents say they will face major job cuts if solar tariffs are phased out in April, as proposed by the UK government. Reportedly more than 75% of jobs in the UK’s solar sector could be lost. A previous cut in tariffs prompted the loss of 9,000 jobs. Last week the industry sent an open letter to the energy minister opposing the policy.
Solargiga confirms dramatic turnaround in figures
Chinese solar manufacturer reports a similar scale of first-half losses to the $15m profit it posted this time last year. Will the company’s decision to almost double module production capacity prove an inspired move or a mistimed disaster?
China’s Akcome to sell 503.5 MW of solar to ZPEG
China’s Jiangsu Akcome Science and Technology has revealed plans to sell 503.5 MW of solar to Zhejiang Provincial Energy Group (ZPEG), as it struggles to rein in its debts.
Vattenfall expands PV business in the Netherlands
The company’s Dutch unit, Nuon, has agreed to acquire three solar projects totaling 27.5 MW of capacity from Powerfield. The projects will be developed under the Netherlands’ SDE+ program, for large scale renewables.
