Staying below 2 degrees is “possible and practical” says RMI
The Rocky Mountain Institute’s new report Positive Disruption describes pathways for the global economy to mitigate serious global warming through accelerated adoption of renewable energy, the transformation of our energy and transportation system, and improved management of agriculture, forestry, and other land-uses. Staying below two degrees Celsius of warming is not just possible the report argues but practical given the accelerating declines in the cost of renewable energy.
South Australia: 150 MW CSP plant to supply government’s power needs
Only a month after signing a deal with Tesla for the world’s largest lithium-ion storage project, the South Australian government has inked a generation project agreement with U.S. firm Solar Reserve for a massive solar thermal plant project, touted as the world’s biggest.
Uncertainty in 2018
As revealed in testimony against proposed trade action yesterday, the U.S. International Trade Commission’s Section 201 investigation is already having effects.
U.S. legislators pressure ITC to reject trade petition
A bipartisan group of congressmen cite the possibility of devastating job losses as a reason to reject the Suniva/SolarWorld Section 201 trade case, one day before the commission hears testimony.
Profit and revenue swell for Canadian Solar in Q2
The second quarter financial results for the Chinese-Canadian solar firm reveal above-guidance growth in revenue and shipments, while profit rises to $167.8m for the quarter.
First Solar scores 241 MW deal in Australia
First Solar has agreed to supply 241 MW (DC) of its thin-film PV modules to Sydney-based EPC contractor RCR Tomlinson for Edify Energy’s 180.7 MW Daydream and 60.2 MW Hayman solar projects in the Australian state of Queensland.
French government assigns 75 MW of FIT contracts in solar tender for Corsica and the overseas territories
The tender, which was launched in December 2016, was open to solar-plus-storage projects and PV projects for self-consumption.
GCL-Poly, Tianjin Zhonghuan reveal polysilicon tie-up
GCL-Poly Energy has signed a framework agreement with semiconductor manufacturer Tianjin Zhonghuan, under which the two sides will collaborate of the production of polysilicon and wafers, in addition to downstream PV project development.
Enphase CEO Paul Nahi steps down during second-quarter earnings call
In a move that caught some by surprise, the third member of the founding team at Enphase said he felt it was time for a new CEO to continue its global growth. The company expects to name a new CEO by Aug. 31.
India H1 solar installs surpass last year’s 12 month total, finds Mercom report
Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.
