Markets & Policy

The e-commerce giant has agreed to purchase energy from a further 180 MW of solar projects that will be developed by Dominion in Virginia, US, as Amazon looks to fuel 100% of its operations through renewable energy within the next ten years.

The two companies say they are willing to sign a contract for TerraForm by December 6 to avoid an additional payment to bondholders under the consent solicitation.

Analyst’s report reveals that India now has more than 10 GW of utility-scale, rooftop and off-grid solar PV installed nationwide, with the sector growing 137% this year alone. India on course to be world’s third largest solar market in 2017.

With the fallout from the U.S. election still hot on everybody’s lips, news and speculation as to what The Donald might be planning with the solar industry was rife, but while the world’s eyes were fixed on the bizarre events taking place in Washington, the solar ‘deal of the year’ was finally approved between Tesla and SolarCity.

The thin-film maker has announced a shift in strategy which will eliminate its Series 5, reduce 2017 output to 2.2 GW, and reduce its global workforce by 27%.

Research suggests next year’s lull in solar demand to be less steep than originally feared, with compound annual growth rate of 9% to return in 2018 through 2021.

The Chinese solar company increases its total shipments 10% YoY and 1% sequentially, and it was a similar story in terms of revenue, which hit $624.3 million for the quarter.

The South Korean solar company will provide modules and technical support to assist Asia Clean Capital’s rooftop solar ventures in China.

Growth in grid-connected energy storage represents a global opportunity for suppliers of energy storage inverter and power conversion system suppliers. Wider adoption will accelerate cost reduction, finds IHS Markit.

Solar Roof and Panasonic solar panel gigafactory, here we come.