North American and European utilities invested around $297 million in distributed solar to date, GTM Research
Investments in distributed solar made by North American and European utilities have reached an aggregate value of $297 million to date. North American power providers seem to be more confident on distributed solar, but European companies are investing more heavily in all distributed energy segments.
Mixed reactions to 18-month extension of antidumping and anti-subsidy duties on Chinese manufacturers
The 18-month extension to antidumping (AD) and anti-subsidy duties applied to Chinese solar exports has caused mixed reactions within the industry. The measure should be published on the EU Official Journal by the end of this week.
ReneSola regains NYSE listing compliance
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
World Bank approves $480 million guarantee to promote solar and renewables in Argentina
The World Bank will promote the development of large-scale renewable energy and solar projects across Argentina with a $ 480 million guarantee. The funds will be used to support projects being implemented under the country’s RenovAr program for renewable energies.
Italy installed 369 MW of new PV systems in 2016
The Italian solar market grew by 22% in 2016. The country added 369 MW of new PV systems last year. This growth was mainly driven by tax breaks for the residential sector and the regulation for self-consumption. Most of these systems have a power of up to 100 kW.
Spain installed PV systems totaling 55 MW in 2016
In 2016, Spain’s solar development was driven by grid-connected PV systems for self-consumption and stand-alone systems for agricultural use.
Belgium’s PV power surpasses 3.42 GW
Belgium has now over 3.4 GW of installed PV power. Most of this capacity, 2.45 GW, is located in the Flemish-speaking region of Flanders. The French-speaking region of Wallonia and the Brussels Metropolitan Region have reached 931 MW and 56 MW, respectively. In 2016, the country registered a 77% increase in new installations.
Comtec buys 51% of Chinese rooftop PV developer
The Shanghai-based integrated solar specialist has completed the purchase of 51% of the entire issued share capital of developer Forum (Asia).
Germany registers 117 MW of new PV installations in January
Germany has registered 117 MW of new PV installations in January. The country’s cumulative PV capacity has reached approximately 41.34 GW.
Enphase narrows losses in Q4 results
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
