ANES: Mexico to put online 600 MW of solar PV in 2016
ANES predicts that US$900 million will be invested in PV projects next year in Mexico. The market this year is around 100 MW, half of which is in the net metering program. Local capacity for PV module production exceeds 1 GW.
Sonnenbatterie beats Tesla to the punch with US roll-out
German storage specialist has launched its plug-and-play home battery system in the U.S. ahead of Christmas, giving the company a headstart on Teslas highly anticipated Powerwall.
BBOXX secures $15m funding for Africa solar ventures
The British solar energy provider completes funding round with consortium of investors, including a package that uses securitization as a means of financing solar systems in Africa a first for the continent.
UK: Committee of MPs writes to Energy Secretary criticizing solar cuts
Letter to Amber Rudd says recently confirmed cuts to the solar feed-in tariff and further caps on renewable spending will damage investor confidence in the country’s clean energy sector.
India's Azure Power files for $100m IPO
World Bank-backed Indian clean energy company Azure Power has registered to sell stock amounting to $100 million in an initial public offering on the New York Stock Exchange.
House approves spending bill with ITC extension
The U.S. House of Representatives has passed a funding bill that extends the ITC through 2020, with a graduated decline afterwards. The bill now moves to the U.S. Senate.
Solar ITC extension approved in the U.S. Senate
Shortly after passage in the U.S. House of Representatives, the U.S. Senate has passed an omnibus spending bill which includes extension of the 30% federal ITC. This was the final vote before the bill is signed by U.S. President Obama.
The pv magazine weekly news digest
From COP21 and solar cop-outs to c-Si breakthroughs and the small matter of a possible, No, JUST CONFIRMED, extension of the U.S. ITC, it’s been a pretty quiet week in the world of solar PV.
Partial victory for UK solar industry, huge job losses still expected
The U.K. Government has set the new solar PV tariffs. Representing a partial victory, cuts will not be severe as anticipated 64% instead of 87% for residential however, fears are nearly 19,000 jobs could still be lost. Quarterly caps have also been imposed which, says STA, could be damaging. Solar can still be a “reasonable” investment, it concludes. The new rates will come into effect on February 8. Despite the limited success, harsh criticism has been aimed at the government, particularly in light of its decision to end ROCs and grandfathering.
Trina splits downstream solar business
Trina Solar Limited has announced it will split its downstream solar business in two, with one focused on China and one internationally. It aims to become a first tier global player in installing solar PV.
