The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result of rising selling costs coupled with falling production costs.
Greece’s solar PV market has been a roller coaster over the last decade. The new law, approved last week by Greece’s parliament, in support of renewable energies attempts to establish the country’s clean energy sector with some solid foundations.
The yieldco of energy company NRG has also announced that it will acquire its parent companys remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.
The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.
The state authorities in South Australia have given the Irish developer the green light to move forward with the A$680M ($517.7m) project, which will be built in Port Augusta.
According to the terms of the 9 billion yen ($88.2m) deal, Toshiba will design and build the project in Kimitsu, Chiba prefecture.
India’s impressive solar deployment drive continued over the weekend, as Gujarat Industries Power Company (GIPCL) signed PPAs with the Solar Energy Corporation of India (SECI) for two 40 MW solar PV plants at the Gujarat Solar Park, while the country’s major ports look to go green with their own PV arrays.
The Russian solar group has been granted to right to build six solar power plants, each with a 15 MW capacity, in Russia’s southern Astrakhan Region, according to a statement from the regional government.
The Chinese firm, which survived a damaging lawsuit earlier in the year, is now ready to invest one again in its PV operations, with the announcement of 51 million yuan to be used to set up two new sub-units.
Chiles largest mining group is taking the bankrupt renewable energy developer to court, alleging that the Amanecer PV plant is not producing the contracted output.
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