Canadian Solar closes deal on 40 MW of projects
Four Ontario solar projects will be sold for an undisclosed sum to fund managers DIF. The sale marks another win for Canadian Solar’s downstream Solutions subsidiary.
Wafer production costs to fall below $0.20/Watt
NPD Solarbuzz says rising demand and falling wafer and poly production costs are good news all round. Tier 1 suppliers are continuing to drive down production costs.
Jinko Solar revenues grow 11.2% in third quarter
CEO Kangping Chen says the company is devoting substantial resources towards growing core PV operations and rapidly expanding its downstream business after achieving net profitability for the entire year ahead of schedule.
Arizona votes on monthly fee for solar installations
Regulators on Thursday voted 3-2 in favour of a $0.70 kW surcharge on all new solar customers from January 1, 2014, adding approximately $5 per month to their bills.
Japanese climate change u-turn could affect FIT
IHS analyst Ash Sharma says the Japanese government’s reduction of its climate change commitments could affect the solar FIT in March. The generous regime will be reassessed in four months’ time, says Sharma.
Desert Solar conference instills Saudi confidence
The one-day event was low-key but highly focused, attracting an audience committed to patiently furthering PV development in Saudi Arabia.
Greek PV market shrivels to just 6 MW per month
Austerity-driven FIT cutbacks have seen PV installations in Greece plummet from the 801 MW installed in the first quarter. Figures show only 6 MW were installed in each of August and September.
Solar losses weigh on Applied Materials
The solar business is contained in the only division of Applied Materials to report a full year loss. The fate of the company’s solar business hangs in the balance as Applied’s $29bn merger with Tokyo Electron approaches.
UK solar farm approved for MP's family estate
The 175-acre solar farm has been approved by Dorset County Council despite facing stiff opposition from the Campaign to Protect Rural England (CPRE).
Missouri reaches solar rebate agreement
Private utility Ameren and the state watchdog struck a deal this week to continue a solar rebate program that currently has $50 million available for PV projects in the Midwestern state.
