Phoenix Solar posts solid quarterly results with growth in revenues and EBIT
The German EPC contractor for solar developments has announced solid financial results for the third quarter of the year, with yearly growth in revenues, EBIT and gross margin, which the company puts down to its presence in growing markets around the world, as well sensible prices and supply chain initiatives.
UK power regulator opens dialogue on smarter energy system
Ofgem and the UK Government have announced a call for views on how a smarter and more flexible energy system could create better value for the country’s energy customers. Ofgem estimates that smarter energy use could benefit both consumers and the industry to the tune of £8 billion a year.
SunPower results improve during Q3
SunPower reported impressive operational results, but continued losses and warned of impacts over the next few quarters as it copes with intense module price pressures.
Brookfield proposes takeover of TerraForm Power
The Canadian asset manager has proposed to either take over as the sponsor or buy the company outright.
Breaking: Bad news for US solar as Donald Trump becomes President-elect
The results of the 2016 U.S. Presidential and Senate Elections are a worst-case scenario for the U.S. solar industry, and no federal support is safe.
India: SECI tender set to drive solar tariffs to record low of 6 US cents/kWh
The latest 750 MW solar tender by the Solar Corporation of India (SECI) is likely to see tariffs dip below INR 4/kWh for the first time ever, with desire growing to see further fall in rates.
US election: solar, renewable and climate advocates cool on Trump win
While those within the U.S. are understandably nervy after Trump’s victory, global observers have taken a more sanguine view on the potential impact of his Presidency on solar markets.
UK: solar still being blocked in next CFD auction
The second Contracts for Difference auction for renewables has been announced for April 2017, chief focus of GBP 290 million funding pot to be less established technologies as solar once more misses out.
COP22 host Morocco invests $118m in solar green bonds
Moroccan Agency for Solar Energy (Masen) leads way with 1.15 billion dirham bond for three projects that will form part of the 170 MW Noor PV 1 solar project.
Adani completes 100 MW Punjab solar farm in India
The installation is the largest solar plant in India to use tracker technology and was commissioned six months ahead of schedule, Adani Group confirmed.
