Lesotho secures grant from AfDB to launch 20 MW solar project
If built, the solar facility would be the country’s first large-scale PV power plant and would contribute to 13% of its maximum system demand.
Toshiba narrows PV loss as group struggles to survive
Toshiba has reported a group net loss of JPY 965.7 billion ($8.8 billion) for fiscal 2016, as its energy systems and solutions business — which which builds solar, wind, geothermal and hydropower projects, in addition to battery-based energy storage systems and smart meters — posted an operating loss of JPY 41.7 billion in the 12 months to the end of March 2017, marking a significant improvement from the preceding fiscal year.
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.
India in line for 9.4 GW solar additions in 2017, says Bridge to India
Report by market analysts forecasts India to become world’s third-largest solar market for 2017 but warns of headwinds including rising competition forcing down tariffs, uncertainty caused by anti-dumping issue, and potential rising module prices.
Brazil to include rooftop solar in low-income housing program “Minha Casa, Minha Vida”
The Brazilian government said it is planning to issue a decree to include the installation of rooftop PV arrays in all new buildings erected under the program by the end of 2017.
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.
Solar Frontier reports stable demand in H1 of fiscal 2017
The Japanese CIS module maker said it is now focusing on the domestic market, as its overseas business is facing tough competition.
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.
SolarWorld creditors agree sale to CEO Asbeck
The takeover of the SolarWorld production sites at Freiberg and Arnstadt in Germany has today been approve by the creditors. Announcement means 500 staff can continue in their production roles.
Singulus posts positive EBIT for 1st half 2017
The German equipment manufacturer reported a positive EBIT of €2.5 million for the first half of the year, a big improvement on the same period in 2016, when its EBIT was negative €9.3 million. EBIT for the second quarter stands at €1.1 million.
