Markets & Policy

Agreement among nearly 200 countries to hold temperature increase to below 1.5C hailed as a progressive step by Irena, but green groups say aspirations are meaningless unless appropriate measures put in place.

Push into the U.S. market has underpinned shipment expansion as the company enjoys strong growth in domestic large-scale market; expands storage and solar charging stations footprint.

The U.S.-based developer of printed solar cells signs $100 million agreement to open manufacturing facility in Indian state of Karnataka; production set to commence as early as August 2016.

Chinese solar company receives preliminary proposal from CEO Jifan Gao and Shanghai Xingsheng Equity Investment & Management Co to take the company private; board reviewing the proposal.

Government urged to back its praise for the Paris Agreement with hard actions ahead of consultation this week on decision to cut FIT by 87%; u-turns also required on other clean energy targets, experts say.

Swinerton Renewables has begun work on the massive Springbok 2 Solar Farm, which holds a contract to sell power to Los Angeles’ municipal utility.

The results of the UK’s second capacity market auction were published last week. Overall, the auction remunerated GBP 300 million of public subsidies in polluting diesel and small gas generators at a time when support for solar PV and onshore wind has been drastically slashed.

The first phase of the new plant will make multicrystalline silicon ingots and wafers, and the second phase n-type mono for MegaCell’s bi-facial cells.

Mercom Capital forecasts that the global PV market will grow only 13% in 2016, with the United States surpassing Japan to become the #2 installer of PV globally.

SunPower plans to use proceeds for a variety of purposes, including funding “potential acquisitions of complementary businesses”.