Markets

The UK installed almost 2 GW of new PV installations in 2016, according to provisional BEIS statistics. The country’s cumulative capacity now surpasses 11.49 GW. The largest increase in capacity during the year was registered in March 2016, before the Renewable Obligation scheme for projects smaller than 5 MWp was closed, with a one-year grace period for some projects.

The UK based investment group has announced its intention to raise further investments worth more than GBP 50 million (US$ 61.2 million), with the aim of acquiring up to 250 MW of solar power plants in the UK, as well as expanding into South Africa.

The panel manufacturer, which operates a production facility in Oregon hopes the president’s call for strict enforcement of U.S. trade laws will give it, as well as other domestic panel companies, a better chance against Chinese competition.

On Friday, the EU published in its Official Journal the 18-month extension of antidumping and anti-subsidy duties on Chinese solar products, including notification of a partial interim review of the measures. The review could lead to the gradual reduction of duties and minimum import prices. The EU will also consider if the Minimum Price Undertaking agreement is still of relevance.

The man who once famously forgot the U.S. Department of Energy in a 2012 Republican presidential debate is now, astonishingly, the person who was just confirmed to lead it.

The latest figures from the U.S. Department of Energy show that all renewables together made up 15.3% of U.S. generation.

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.

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.

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.

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.