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Markets & Policy

Neo Solar Power posts NTD826 million net loss in H1

First-half revenues reached NTD10.408 billion (USD334 million ), contributing to an operating loss of NTD834 million. It recorded a gross margin of 3.37%.

Argentina expecting USD4-5 billion investment in solar industry

The Latin American country is preparing itself for an estimated USD4 billion to USD5 billion to be invested in its solar industry by companies over the coming five years, as interest piques before the country’s first renewable energy auction since the new renewable energy law was passed.

BHEL secures EPC contracts for 110 MW of solar plants in India

The Indian solar solutions provider and panel manufacturer received an EPC order for 30 MW of solar plants, which is added to 80 MW of EPC contracts that the company signed at the end of July, displaying BHEL’s ambitions for expansion in India’s rapidly growing PV market.

Grid-scale battery storage not yet 'panacea' for Australia renewables

A senior solar energy researcher from the University of Queensland has questioned the role of grid-scale battery storage as the “missing link” of Australia’s shift to renewables, and suggested that much more research needs to be done if the technology is to be rolled out successfully.

Hopes remain for Indonesia's new solar policy despite minister sacking

Indonesia’s Energy and Mineral Resources Minister Arcandra Tahar was dismissed on Monday, less than a month after the government issued a new decree for the development of 5 GW of solar energy over the next 2-3 years using a new feed-in tariff (FIT) scheme.

NV Energy seeking approval for 100 MW PV plant in Nevada

The Nevada utility has requested approval from the Public Utilities Commission of Nevada for a 100 MW solar plant, while simultaneously requesting the early retirement of a coal-fired generation facility, but its previous objection to net metering lingers in the memory.

Tata Power Solar commissions 100 MW plant – India's largest using domestic content

The 100 MW project was commissioned using domestically manufactured cells and modules, thus fitting in with the government’s ‘Make in India’ mission, and makes a huge addition to Tata Power Solar’s PV portfolio in the country.

SolarWorld's finalized Q2 financials confirm encouraging growth

The German PV manufacturer recorded significant growth in the company’s sales and revenues compared to the same period last year, while also getting its EBIT back into profit, although it had to revise down its preliminary results.

Sungrow to supply 150 MW of inverters to solar projects in India

The Chinese inverter manufacturer has signed a contract with Indian Independent Power Producer Mytrah Energy to supply inverters for approximately 150 MW of the company’s projects in India, further expanding its market share in global solar markets.

Foxconn finalizes Sharp acquisition

The Taiwanese contract electronics manufacturer — also known as Hon Hai Precision Industry — has wrapped up its 388.8 billion yen ($3.8 billion?) purchase of a 66% stake in the troubled Japanese group.

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