The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
After originally being cool to Suniva’s petition to the U.S. International Trade Commission for protection from its Chinese competitors, SolarWorld Americas has reversed its stance and joined the complaint as a co-petitioner.
The U.S. International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors.
The 18% Goods and Services Tax rate for solar cells and modules could pose significant threat to around 10 GW of ongoing utility-scale solar projects, says Bridge to India.
The Asian Development Bank has raised INR 3 billion ($46.19 million) through the issuance of rupee-linked green bonds to back the development of 709 MW of solar and wind capacity in six states in India.
The move by the Haryana government seen as clear support of solar industry, designed to lower the financial barriers for renewable energy in the Northern Indian state.
IHS Markit says the complaint could also cause the U.S. market to crater 60% by 2021, causing global module oversupply and driving module prices ever lower.