18 bids for the daytime block in Chile's electricity auction
In total 84 bids were presented for the largest electricity auction to be held in Chile to date. In the block for daytime electricity supply 1,000 gigawatt-hours will be offered. Blocks for various hours and continual supply are both offered.
New York regulators issue 50% by 2030 renewable energy mandate
The Clean Energy Standard does not appear substantively different than earlier policy drafts, and includes a bailout for aging nuclear power plants.
SolarWorld Q2 shipments, revenues rise, as legal troubles mount
SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to 222 million ($246 million), while achieving an EBIT profit of 20.5 ($22.7 million) million.
Kyocera Applied Ceramics division hit by declining Japanese demand
Profits from the Kyocera business unit that includes its solar operations have slumped more than 50% in Q2, as a result of softening demand from the Japanese market. The company booked revenues of JPY45.6 billion ($440 million) in Q2 2016 from Applied Ceramics, a decrease of 13.2% QoQ.
Istanbul’s energy paradox: shortages but no embrace of PV
Turkey’s largest city, with a population about 14 million people, could face an acute electricity shortage, confirms the Turkish energy minister. However, paradoxically, Turkey’s energy ministry has not made plans for a solar rollout. Instead, it continues to rely on coal.
TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
Will Iran turn to PV?
Eye-catching news regarding solar PV in Iran is coming thick and fast, which is piquing the interest of investors in the Iranian energy market. But how realistic is Irans anticipated solar PV renaissance?
Mass industrial electricity price may continue to decline in China
In order to stimulate economic growth, the basic electricity price for mass industrial users may contentiously drop, even after several rounds of reduction.
Panasonic simulator enables Dutch homeowners to see solar benefits
Panasonic has launched its “Simulate your Solar System” online platform in Holland, which will enable homeowners to see just how much they can save from installing rooftop solar on their homes, at a time when residential solar is getting a boost from the rise energy storage.
USD 1 billion energy storage market in Germany by 2021
A new report from GTM Research forecasts that the energy storage market in Germany will have an annual value exceeding USD1 billion by 2021, as a collection of factors feed the markets growth within the country.
