Belgian solar glass maker Ducatt files for insolvency
Ducatt had to start insolvency proceedings due to the insolvency of German solar module manufacturer SolarWorld. Around 50% of Ducatt’s revenue came from orders placed by SolarWorld, as reported by local media.
Engie acquires Sungevity’s European unit
The French energy giant made another move to expand its presence in the solar sector. Sungevity filed for Chapter 11 bankruptcy in the United States in mid-March.
Chile to contract 2 GWh of power in upcoming electricity auction
In a meeting held in Berlin the head of Chile’s National Commission for Energy (CNE) presented the upcoming technology neutral power auction, which will be held in December. Solar is expected to have a significant share thanks to very favorable conditions.
HPX invests in Pu Neng’s storage tech
Pu Neng claims it has now drawn more than $90 million in total investment in its vanadium redox flow battery technology, but the Beijing-based manufacturer did not disclose the terms of its deal with High Power Exploration (HPX).
JinkoSolar to collaborate with SERIS on new bifacial solar cells
Chinese Tier-1 solar company JinkoSolar is embarking on a research collaboration with the Solar Energy Research Institute of Singapore to develop high-efficiency bifacial solar cells.
Argentina plans 1 GW solar + storage project
Following on the progress of 300 MW of solar projects in Cauchari, the province of Jujuy has announced another gigawatt of solar PV to be installed in the northern region.
India: solar tax will be 5%, minister confirms
In tweet sent yesterday, India revenue secretary Hasmukh Adhia said that all solar equipment will be subject to only 5% Goods and Services Tax, allaying fears cells and modules would be placed in 18% bracket.
Trump stalls on Paris climate agreement
The U.S. president declined to sign on to consensus language composed by G7 leaders, and has said that a decision will come some time this week. However, implications for solar and renewables may be limited.
Carnegie completes plans for Mauritius wave, solar + storage microgrid
By Sophie Vorrath Carnegie Clean Energy’s plans to use its world-leading CETO wave energy technology to develop a renewable energy microgrid for the island Republic of Mauritius are beginning to take shape, with the completion of plans for stage one of the hybrid power station. The ASX-listed company said on Monday it had completed the […]
Solar’s share of India electricity output grew 81% in last fiscal year
Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
