U.S. IRS allows community solar owner to access the ITC
A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.
SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
China: Longi, Lerri Solar unveil monosilicon expansion plans
Longi Silicon aims to expand monocrystalline silicon production to 10 GW. The company believes the solar market will eventually switch completely from multi- to mono-crystalline silicon products. Lerri Solar has also unveiled plans to expand monocrystalline module production to 2 GW.
From the Mag: A selection of stories from the September issue
For September, pv magazine has examined the latest trends in BOS, where 1,500 V components are beginning to make their mark. This month’s issue also looks at the looming ITC phase down and the returning demand for PERC equipment.
Polysilicon dumping in China forces GCL to change strategy
On the back of the dumping of “enormous” amounts of polysilicon into China, GCL-Poly was “forced” to decrease shipments and instead focus on ramping up production. Despite the tough conditions, the company has reported relatively stable 1H earnings.
Solar Frontier secures CIS deal for 26 MW North Carolina project
The Japanese company’s CIS modules have been selected for the U.S. solar installation on the back of real-world performance recognition in the Americas.
Comtec sees strong demand for monocrystalline, despite huge net loss
Comtec Solar Systems Group Limited has seen its net loss for 1H 2015 plummet, despite increasing revenues. It is confident, however, the market for its monocrystalline wafers is strong.
Japan's solar shipments fall 13% in Q1, reports JPEA
The Japan Photovoltaic Energy Association (JPEA) has reported that shipments of solar panels in Japan fell 13% in the first quarter of the year; first year-on-year decline since Q3 2012.
Germany sees 132 MW solar installed in July
New solar PV systems totaling 159.78 MW have been registered in Germany for July by the Federal Network Agency. Actual installations were lower, however, at 132 MW. Solar subsidies will decrease a further 0.25%, as of today.
Fossil fuels' cost advantage over solar narrowing, says IEA
New report published jointly by International Energy Agency (IEA) and Nuclear Energy Agency (NEA) reveals strides made by renewable energy sector in producing electricity at costs close to fossil fuel-based power stations.
