Kyocera Applied Ceramics division hit by declining Japanese demand
Profits from the Kyocera business unit that includes its solar operations have slumped more than 50% in Q2, as a result of softening demand from the Japanese market. The company booked revenues of JPY45.6 billion ($440 million) in Q2 2016 from Applied Ceramics, a decrease of 13.2% QoQ.
Istanbul’s energy paradox: shortages but no embrace of PV
Turkey’s largest city, with a population about 14 million people, could face an acute electricity shortage, confirms the Turkish energy minister. However, paradoxically, Turkey’s energy ministry has not made plans for a solar rollout. Instead, it continues to rely on coal.
Wacker locks in earnings expectations on back of strong Q2
Wacker Chemie expects EBITA to come in at the upper of its forecast in 2016, as higher Q2 sales trigger increased revenues on a YoY basis.
TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
Will Iran turn to PV?
Eye-catching news regarding solar PV in Iran is coming thick and fast, which is piquing the interest of investors in the Iranian energy market. But how realistic is Irans anticipated solar PV renaissance?
Mass industrial electricity price may continue to decline in China
In order to stimulate economic growth, the basic electricity price for mass industrial users may contentiously drop, even after several rounds of reduction.
Panasonic simulator enables Dutch homeowners to see solar benefits
Panasonic has launched its “Simulate your Solar System” online platform in Holland, which will enable homeowners to see just how much they can save from installing rooftop solar on their homes, at a time when residential solar is getting a boost from the rise energy storage.
IHS: Grid-tied storage to double in 2016, to emulate growth of solar
Industry analysts IHS Markit expect the grid-tied energy storage market to double in 2016, from 1.4 GWh to 2.9 GWh. IHS expects on-grid storage capacity to reach 21 GWh by 2025.
USD 1 billion energy storage market in Germany by 2021
A new report from GTM Research forecasts that the energy storage market in Germany will have an annual value exceeding USD1 billion by 2021, as a collection of factors feed the markets growth within the country.
ARENA reveals 20 final applicants for utility scale program, capacity set to grow
The Australian Renewable Energy Agency has published the list of the 20 final applications it has received under its AU$100 million ($75 million) utility scale solar grant program. The falling cost of solar has resulted in a reduction in the grant sums requested by the applicants, likely mean more projects will go ahead.
