Comtec signals H1 turnaround, moves on downstream deals
Comtec Solar Systems will likely record a net profit of roughly CNY 8.8 million ($1.3 million) in the first half of this year, marking a sharp turnaround from the CNY 6.4 million net loss it posted in the first six months of 2016.
DNV GL report criticizes EU demand response regulations
A study carried out by energy consultants DNV GL has found that the European Commission’s draft proposal on demand response regulations is “incompatible with market principles,” and made several recommendations for its improvement.
Quality is an issue in the fast-growing Indian market
Opinion: One of the main challenges for investors in India is to meet competitive pricing while achieving acceptable quality. Prakash Vora, senior director – Operations at Terraform Global India, explains how to ensure quality in India.
Chile: 62 MW commissioned at Cerro Dominador solar complex
One of Chile’s major renewable energy projects, the Cerro Dominador solar complex, whose combined CSP and PV capacity is expected to reach 220 MW, has begun feeding electricity into the grid.
Banpu targets 300 MW with new downstream unit
Banpu, Thailand’s biggest coal miner, has jumped into downstream solar project development, with the launch of a new subsidiary that aims to install 300 MW of solar capacity over the next five years.
China Singyes posts $12.3 million profit in H1
China Singyes Solar Technologies has recorded a profit of CNY 80.98 million ($12.3 million) in the first half of 2017, down roughly 75% year on year, as it connected just 58.5 MW of fresh PV capacity to the Chinese grid.
Intraco Solar Power signs contracts for 30 MW PV plant in Bangladesh
Bangladesh based company Intraco Solar Power has signed a a 20-year PPA and construction agreement with two government agencies, for the development of a 30 MW PV power plant to be located on the outskirts of the city of Rangpur.
Renewables generate (almost) as much U.S. power as nuclear during H1 2017
The DOE’s latest numbers show renewables rising to 20.05% of U.S. electricity generation during the first half of the year, just behind nuclear’s 20.07%. Solar provided 2% of electricity, and wind 7%.
BYD posts $260 million H1 profit as solar sales sag
China’s BYD has recorded a profit attributable to owners of the company of CNY 1,723 million ($259.8 million) for the first half of 2017, down 23.8% year on year, as revenue from its PV and rechargeable battery business slid 15.8% from a year earlier.
ReneSola may sell PV production ops to regain NYSE compliance
ReneSola may sell off its indebted polysilicon, wafer and PV module production businesses to regain compliance with the listing standards of the New York Stock Exchange (NYSE).
