Renewables trouncing nuclear, report shows
Global nuclear power generation increased by 1.4%, whereas solar power output grew by 30% and wind by 16% in 2016, with all renewables representing 62% of global power generating capacity additions, finds the 2017 World Nuclear Industry Status Report.
European Commission to reduce minimum import price quarterly
The EU has published its decision to review the undertaking and the minimum import price (MIP) for crystalline PV products from China. As was proposed in July, the MIP will now be reduced quarterly beginning in October. For some Chinese manufacturers, the MIP, as well as a variable duty, is to be applied in future.
Azure Power wins 50 MW in India’s largest rooftop PV allocation
Azure Roof Power, a subsidiary of Azure Power, will install solar panels on Indian government buildings across 10 states, after winning the right to build 50 MW of PV capacity in an auction held by Solar Energy Corporation of India (SECI).
Australia added 40.3 MW of small-scale PV in August
Australian homeowners and businesses installed 40.3 MW of small-scale solar capacity in August, up roughly 30.6% from the preceding month, according to figures from the nation’s Clean Energy Regulator.
LongiTech to raise $36.5 million in share placement
LongiTech Smart Energy aims to generate aggregate net proceeds of HK$285 million ($36.46 million) via a new share placement in Hong Kong.
Renova to build 21.6 MW in central Japan
Japanese renewables developer Renova has wrapped up financing for a 21.6 MW solar array it plans to construct in Mie prefecture, near the Japanese city of Nagoya.
Moser Baer Solar asks Indian central bank to postpone loan repayment
Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
Vietnam to launch PV auctions with World Bank
The Vietnamese authorities, in cooperation with the World Bank, have revealed plans to launch a pilot auction program for solar projects, according to a local media report.
Vikram Solar commissions 80 MW in Gujarat, India
Vikram Solar has completed 80 MW of PV at two sites in Gujarat under India’s National Solar Mission.
Celsia to build 80 MW solar project in Colombia
The solar facility, which will be built in the department of Santander, will be the second large-scale PV project developed by the Colombian renewable energy company in the country
