Tesla seeks $1.5 billion bond offering while shifting its solar strategy
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, Tesla is emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
India energy ministry plans 7.5 GW support program for domestic solar manufacturing
The Ministry of New and Renewable Energy has initiated the second phase of its CPSU program to provide installation capacity totaling 7.5 GW of solar projects made using domestically manufactured solar cells and modules.
Brazil’s PV capacity tops 237 MW, 1 GW expected by the end of 2017
According to provisional numbers provided by the government, large-scale solar plants have totaled 145 MW at the end of June, while PV distributed generation has reached 92 MW.
Latvia launches net metering scheme for solar
The program will be managed by the country’s state-owned utility Latvenergo and will be open to rooftop PV projects not exceeding 10 kW in size.
Palestine launches rooftop PV pilot program in Gaza
The $2.5 million initiative will be financed by the World Bank and will enable the installation of around 1 MW of rooftop PV systems.
Emerging countries imported $1.8bn of Chinese solar modules in Q1, finds BNEF
More than half of all Chinese solar shipments in March this year went to India, while emerging countries alone now account for 60% of China’s PV exports, according to the latest Bloomberg New Energy Finance 3Q Frontier Power Market Outlook.
EU excludes Topray Solar and BLD Solar from minimum price undertaking
The EC said the two PV module makers have violated the undertaking for the minimum price of solar products imported from China.
Enel gets environmental approval for 290 MW solar park in Brazilian state of Piauí
The Nova Olinda project will be located near Ribera do Piauí, in the microregion of Alto Médio Canindé.
Behind Enemy Lines: Renewables to Power Coal Mining
A new Insight Brief from the Rocky Mountain Institute (RMI) spotlights the potential to decarbonize the mining sector through renewable energy. With 75 percent of the global mining industry focused on coal, renewables are now cheap enough to power even the coal industry.
Hanergy unveils new rooftop PV product
Hanergy Thin Film Power (HTF) has announced the release of Hantile, a new CIGS thin-film solar product that can be integrated with roofing materials.
