Hanwha Q Cells Q1 results show encouraging Y/Y resurgence in profit, revenue and shipments
Module shipments from the Korean solar PV manufacturer reached 912 MW in the first quarter, exceeding the guidance range, while gross profit topped $109m and gross margin reached 21.2%.
Argentina sets aside 300 MW for solar in its first auction
Of the 1 GW to be auctioned in June, 30% is planned to be from solar PV. A reference price has not been set, therefore the current price of US$100/MWh is expected. The auction will not be limited to new projects and the World Bank will guarantee payments.
Report: Texas will add 13 GW of solar PV by 2035
A study by Brattle Group forecasts massive expansion of solar PV capacity in Texas driven by market forces, similar to ERCOT’s predictions.
At 11.5 MW, India has just inaugurated the world's single largest rooftop solar system
The installation covers a single rooftop of 42 acres atop the Dera Baba Jaimal Singh campus, which is located near to Amritsar in the state of Punjab, India. The entire installation is more than 19 MW.
Delta launches 80kW wall-mounted string inverter
The Taiwanese power company introduces its M80U string inverter into the North American market. Wall-mounted design targeted at growing commercial solar sector, but can also be used at large scale.
Australia's UNSW sets sunlight-to-electricity efficiency record of 34.5%
Result by engineers at that University of New South Wales edges the solar industry closer to the theoretical limits of PV efficiency, smashing previous record of 24% set by Alta Devices of the U.S.
sPower signs PPAs with PG&E for 60 MW of US solar capacity
The Salt Lake City-headquartered power producer will construct three large-scale, 20 MW-AC solar farms in California, and sell the power to utility Pacific Gas & Electric Company.
Mexico makes conditions more flexible in its second electricity auction
The auction, which is also open to solar PV, will be held on September 30. It will incorporate an office to address concerns, greater demarcation of regions, more time for evaluation of offering and modifications to the system of payment.
Report: global off-grid solar sales grew 40% in 2015
31 GOGLA member companies sold over 4 million off-grid solar devices in the second half of 2015, totaling the cash sales revenues of more than US $118 million.
U.S. DOE: Solar PV can meet 25%+ of annual demand without major intervention
The Energy Department has released eight reports dealing with issues as varied as reaching higher penetrations of solar on the grid, technology improvements and strategies to bring down costs.
