Wafer utilization rates to be highest since 2010 on back of supply shortage
IHS, Inc. has confirmed a wafer supply shortage. This will lead to utilization rates of up to 88% in 2016, and increasing levels of outsourced production. Long-term contracts, often with pre-payment clauses applied, will affect some module manufacturers balance sheets. Prices for multicrystalline wafers are expected to continue their increase, while monocrystallines market share is set to grow.
Chile: 316 MW-AC of solar PV came online in 2015
The capacity of installed PV plants reached 848 MW-AC. Over 2 GW of solar PV is under construction.
California regulators may consider utility proposal for net metering 2.0
Advocates say that regulators may be considering an alternative proposal for the successor program to net metering, coordinated with the action of a front group backed by a SDG&Es parent company.
Taiwan reaches 728 MW of installed solar
Taiwanese authorities have released installation data for the island nation, as well as reiterating its target to install 8.7 GW by 2030.
ViZn Energy Systems wins flow battery system contract from INL
Idaho National Laboratory, part of the U.S. Energy Department’s national laboratory network, will use the battery system for research and development.
Developer interest wanes in Indian solar PV tender
Bridge to India says a number or reasons detered developers from participating in the 500 MW tender in Maharashtra. The research group expects a similar muted response in three upcoming tenders in Gujarat, Uttar Pradesh and Andhra Pradesh.
Greenheart Tree Energy eyes solar development in Guyana
The Guyanese government has welcomed proposals by the Canadian company to develop solar farms in the South American counttry.
Solargiga boosts 2015 revenue, shipments
Solargiga saw a sharp increase in the sale of generated electricity. The Chinese company is in the process of doubling its PV module production capacity.
WFES: Jordan to add 250 MW of PV as ABB, Masdar move in
Swiss power technology producer ABB announces involvement in two 50 MW PV plants in Jordan, while UAE’s Masdar to sign agreement to build 200 MW PV plant in the country.
Asia Clean Capital secures $40 million in financing
The group will accelerate and expand its rooftop solar solutions business in China, where it covers the cost of designing, engineering, installing and maintaining solar installations for leading companies.
