Mixed reaction from solar industry to plunging Turkish currency
As the lira’s troubles continued to weigh on the markets today, it remained unclear how the country’s solar market will be affected. While the plunging currency fosters uncertainty – public enemy number one for investors – it could also create conditions for lower system costs and cheaper PV projects. Nevertheless, a serious slow-down for 2018 must be considered.
Longi exempt from EU minimum import price for products from Malaysia
The Chinese PV manufacturer has proved to the European Commission that it does not use products from China at its Malaysian plant. Therefore, the commission has exempted these products from the applicable minimum import price regime.
Renewables body hails introduction of solar to UK capacity market
Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?
Temporary halt to Indian safeguarding duties on imported modules
The stay on the newly-proposed duty imposed by the Odisha High Court will offer relief to developers waiting to collect shipments from port. But companies must agree to pay the tariff at a later date if it is upheld by the judicial system.
Group buying could make up for UK loss of export payments
With a group purchasing program securing hefty discounts for British households – and attracting thousands of potential customers as a result – solar has a viable business case no matter what further cuts the government throws at the industry.
Namibia’s largest PV-plus-storage system installed
German EPC company Cronimet has installed a 150 kW solar array to work alongside a 332 kWh battery storage system at a luxury lodge complex in a remote part of the African nation.
PV Info Link: Mono-cSi cell price drops below multi
According to PV Info Link, the price for monocrystalline cells in China fell below that of the usually cheaper multicrystalline products. However analysts expect it to be a blip, with multi prices expected to fall and mono to be supported by the Top Runner Program, now China’s main source of demand for the rest of 2018.
Macquarie puts faith in Asia-Pac solar
The Conergy brand has changed hands again with the Australian infrastructure giant acquiring the company’s Asia-focused business from its previous US-based fund management owners. Macquarie may be positioning itself to take advantage of a flood of cheap Chinese-made panels.
Japan’s PV sector should focus on future energy mix target — report
The Japanese PV industry should respond to the government’s recent decision to leave its 2030 energy mix targets unchanged by pushing for a higher share of solar in the next version of the country’s strategic energy plan, according to a new report.
Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018
The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.
