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Markets & Policy

Ingot, wafer prices dropping; market momentum needed

Polysilicon and wafer suppliers are still struggling with oversupply and low demand. Tier 1 raw material manufacturers have signed their October orders, but further down the food chain, companies are still waiting for bites. Overall, prices on the cell and module level are in slight decline, although prices for ultra-high efficiency modules have climbed by a small margin, on the back of increased demand.

‘We have proven that software is the essential link on grids’ – Greensmith interview

Following the launch of Greensmith Energy’s new Gridsolv standardized storage solution, which integrates software helpers and standardized architecture for easy installation, pv magazine caught up with CEO John Jung to discuss the state of the storage market and the role of digital services.

Poor polysilicon performance affects Wacker’s Q3

Despite its chemical business performing strongly, Wacker Chemie AG’s Q3 2018 financials took a tumble, with polysilicon sales and EBITDA sharply declining. The blame has been laid on China’s PV policy change in May.

Moixa launches 35 MWh battery cluster in Japan

The smart battery storage supplier has launched a 35 MWh cluster in Japan. This could grow to over 100 MWh within a year, says Moixa.

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Solar and storage show steady growth as Tesla finally turns a profit

Tesla energy storage deployments grew 18% and storage deployments grew 11%, as the EV + battery + solar company achieves its a long-awaited quarterly profit on the success of its Model 3.

V2G frequency control launched in Germany

A much talked about concept, but the final step into market operationality has not been done – yet. Nissan, The Mobility House, and Enervie have joined forces to allow Nissan Leaf’s to provide frequency control to a distribution grid in Germany. The concept has received permission to pursue its plans, and for corporate customers it will be ready for adoption as of 2019.

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Asian market to see 355 GW of solar over five years, despite policy challenges

Despite political hurdles in key markets including China, India and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.

GCL sells off stake in 160 MW of Chinese PV projects

Poly manufacturer and developer raises another $44m to pay down its huge debt pile after selling an 80% stake in two solar projects in its homeland.

Enel begins construction on 127 MW of PV in Spain

Construction has begun on three solar plants in the Extremadura region, with a total capacity of 127 MW. The projects – expected to be in operation by the end of 2019 – were awarded to Enel in Spain’s third renewables auction, and involve a total investment of close to €100 million.

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REC Silicon posts loss for second quarter running amid poly market slump

The Norwegian polysilicon producer posted an EBITDA loss of $6.1 million for the third quarter of 2018, as it continues to struggle with low demand and prices. Revenue for the company’s solar materials segment fell almost 70% on the previous quarter.

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