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Markets & Policy

EcoSolifer aims for mass HJT solar production with $29.5 million cell line

EcoSolifer has signed contracts with Meyer Burger worth around CHF 29 million (approx. US$29.5 million) for a HJT solar cell line. The Hungarian technology manufacturer aims to begin production of the high efficiency cells in Q1 2016. A 500 MW capacity is aimed for.

From the Mag: A selection of stories from the August issue

pv magazine’s August edition explores the state of Japan’s solar policy, examining whether future installation projections might well be accurate; we look at the growing trend of 1,500 V components at utility scale, and investigate the impact of solar+storage at remote mining sites.

SunPower targets $1.5bn solar expansion in Chile

California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.

The pv magazine weekly news digest

Obama’s clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity’s plans for world domination edge closer to reality.

India: Welspun to develop 8.7 GW of solar on back of strong investment

Of its 11 GW renewables target, Welspun Renewables has said it will develop 8.66 GW of solar PV in India. Investment in the country is said to be strong, with Welspun expecting a “substantial inflow” of capital.

Germany’s second PV tender oversubscribed three-fold

A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germany’s second solar PV tender round. The prices for the generated solar energy are still to be determined.

SunEdison, TerraForm Power report net losses, higher revenues

SunEdison has reported relatively stable Q2 and H1 financials, with a narrowing of its Q/Q net loss and sales increases. Yieldco, TerraForm Power, meanwhile, posted a positive Q2 net income, but big H1 loss. Deutsche Bank believes the drop in investor confidence is “overdone.”

Enphase Energy Q2 shipments up 48% YOY

U.S. module level power company ships record 195 MW in second quarter, revenue up 25% year-over-year, reaching $102.1 million.

$4 million funding for solar startup Bright

Solar advocate Jonah Greenberger’s brainchild “Bright” has managed to raise $4 million in funding. Bright’s aim is to install solar panels on Mexican roofs under a subscription program, where homeowners get panels for free but pay for use.

UK: Big60Million and Foresight Solar Fund close bond on 34 MW community PV

Joint venture between solar investor Foresight and community-benefit energy company Big60Million brings community and institutional finance together in the ongoing pursuit of greater solar deployment.

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