The latest report from IHS shows worldwide market shipments for solar PV inverters declining 5% year-on-year in the second quarter. The demand fall in key European markets has contributed to the decrease, a first since the third quarter of 2011.
The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.
The Federal Network Agency in Germany has presented the latest figures for added photovoltaic capacity in the country. Up to now around 2,110 MW of total capacity has been registered. Solar parks exceeding 10 MW are no longer being developed.
Consultancy IHS says the German government’s energy storage subsidy will do for batteries what FiTs did for PV eight years ago but interested homeowners need to move fast.
Spanish solar cells and modules producer Isofoton has seen an increase in European orders for its modules since early August. The company has cited the antidumping measures as having boosted the sales figures.
The Punjab Energy Council has reportedly approved the large scale Quaid-e-Azam scheme. The solar plant project will be headed by Punjab chief minister Muhammad Shahbaz Sharif.
A Bucharest logistics center will house a 2.2 MW system comprised of almost 9,000 Solon 220/16 modules which are set to be installed in just seven weeks.
The lower house voted through an anti-subsidy bill and retroactive tax before being dissolved in the wake of the corruption scandal that brought down Petr Necas’ government. The upper house will consider the bill later this month.
Photovoltaic module producer Suntech Power Holdings held productive discussions with key stakeholders in China last week to discuss the restructuring of the debt-ridden company. Suntech has reached an understanding with its creditor working group led by Clearwater Capital Partners and Spinnaker Capital Limited.
A 44 GW solar pipeline means the U.S. will supply 20% of global solar demand up to 2018, according to NPD Solarbuzz. The solar consultancy says California installed a state record 521 MW of PV from April to June.
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