JinkoSolar posts lower shipment volumes, revenues for Q1, remains optimistic despite policy change
As forecast in its 2017 financial report, JinkoSolar shipped around 2 GW of modules in the first quarter of this year. Meanwhile, it did not adjust its forecast for 2018 shipments, in the range of 11.5 GW to 12 GW, despite the Chinese government’s cuts to installations.
Greek regulator disqualifies 115 MW of PV tender applications
In a somewhat shocking move, Greece’s energy regulator, RAE has disqualified almost half of the entries to the forthcoming solar PV tender, set to take place next week.
Solar trade dispute: US agrees consultation with Korea, EU, China, Malaysia and Thailand
Through the consultation, the U.S. aims to settle the dispute over the 30% import tariffs, introduced under Section 201.
UK Power Networks to launch London’s first VPP
Distribution network operator, UK Power Networks is on track to launch what it says is London’s first virtual power plant (VPP). To this end, batteries will be installed on around 40 homes in the U.K. capital.
Engie comments on rumored plan to acquire EDP Renováveis
Engie has released a statement on the rumors that it was looking to invest in EDP Renováveis. Currently the Portuguese renewable energy company, and its parent, power utility EDP, are attracting international interest, also from Chinese state-owned power company China Three Gorges Corporation (CTG).
Madagascar sees its first solar park come online
The 20 MW facility will sell power to Madagascar’s state-owned utility, Jirama under a long-term PPA. Construction on the plant started in late 2016.
Ontario cancels solar rebates program two months after its launch
The decision was taken by the incoming Ontario premier, Doug Ford. The US$70 million scheme had been conceived to support residential and commercial solar-plus-storage solutions installed under net metering.
India adds 10.4 GW of solar in FY 2017-18, Karnataka leads the way
The Indian solar PV market saw 10.4 GW of new capacity added in the 2017-18 financial year, says Bridge to India, thus bringing cumulative installations to 24.4 GW as of this March. Leading the charge is the state of Karnataka. Concerns over the industry’s development remain, however.
REC Group launches new half-cell solar module
At last week’s Intersolar Europe show in Munich, Norwegian headquartered manufacturer REC Group unveiled its latest module innovation, the N-peak series. The new solar PV modules will be the first to combine n-type, mono-cSi and half-cut cell technologies.
Global PV market to diversify, reach 200 GW a year by 2020
According to a new report from the PV Market Alliance (PVMA), the global solar PV market will only be marginally affected by the recent China policy decisions, and will grow to become an up to 200 GW market by 2022. Diversification will continue, with new segments accounting for up to 25% of the entire market by this time.
