With a solar market that is currently thriving due to ambitious installation targets set by Prime Minister Narendra Modi, India has recorded huge year on year increases in both imports and exports, as it not only looks to increase solar deployment in the country, but it also aims to build a self-sustaining industry, which can supply markets around the world.
A world-leading project that will combine solar PV, wind energy and battery storage, and which could ultimately be one of the biggest power stations in Queensland, has received financial support from the Australian Renewable Energy Agency.
One of the less developed states for PV deployment, Kerala’s solar market may be about to get a huge boost, as the state plans to install at least 600 MW of new solar over the next three years, in an attempt to meet rising energy demand and its renewable purchase obligations.
The Energy and Climate Change Select Committee (ECCC) will release its final report on 15 October, which will highlight the importance of energy storage and demand-side technologies for the future energy transition, and can offer great stimulation to the U.K.’s economy.
Regulators have approved the utilitys long-term plan, under which Xcel expects to buy power from around 650 MW of community solar by 2021.
Citing alleged violations of the minimum import price agreement with Chinese PV manufacturers, the European Commission has moved to remove Huashun China and Seraphim China from the undertaking. Another three producers have notified the EC of their voluntary withdrawal.
The Ludwigshafen-based engineering, procurement and construction firm is expanding its operations from the declining U.K. across the pond to the bustling U.S. market.
The German solar monitoring group hopes to tap into China’s fast-growing PV market.
Canadian Solar projects K.K., a wholly owned subsidiary of Canadian Solar, today announced that it has entered into a syndicated 3-year loan facility for JPY 9.6 billion (US$95 million). Sumitomo Mitsui Banking Corporation (SMBC) is the lead arranger of the agreement.
The European Commission’s trade measures have been ruinous for European manufacturers, led to the loss of thousands of jobs and stymied growth in the sector, members of SolarPower Europe argue in a letter to Brussels.
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