Canadian Solar: strong Q3 sales growth prompts capacity expansion
Chinese PV manufacturer Canadian Solar has announced strong shipment, revenue and income growth in Q3 2015. It has flagged manufacturing capacity expansions that will see its module output grow to 5.63 GW by the end of 2016 and has upped its 2015 full year outlook to revenues between $3.28 billion to $3.33 billion.
IEA talks Energy Transition, but still low-balls future growth of wind and solar
IEA’s World Energy Outlook 2015 acknowledges the increasing importance of non-hydro renewable energy, but retains unrealistically pessimistic estimates of cost reduction and future market growth.
Iran to host 1.25 GW solar PV project, reports Bloomberg
A leading Iranian energy official tells Bloomberg that an unnamed German company will build several solar power plants in the province of the nation’s capital, Tehran.
Tempress books repeat boron equipment order, completes 800 MW diffusion tool install
Dutch PV cell production equipment supplier Tempress has booked a repeat order from a Taiwanese cell manufacturer for its boron diffusion system. It has also completed the installation of 800 MW of its atmospheric diffusion systems to a Chinese manufacturer.
Manz records significant net loss
Manz AG has recorded a net loss of EUR 33.8 million in the first 9 months of the year. Order delays and cancellations totaling around EUR 140 million have negatively affected the German manufacturers business. A major restructuring is underway, particularly in the solar segment, the key details of which are set to be unveiled on December 10.
Trina sets a new world record of 21.25% efficiency with multicrystalline silicon
This new world record for a multi c-Si cell beats Trina’s previous record of 20.78%. Trina says that the processes used can be easily integrated into mass production.
IHS: 272 GW of solar installs from 2016 – 2019
IHS estimates that 272.4 GW of solar will be added globally between 2016 and 2019. 1H 2016 will see “strong” PV production and shipments; while China, the U.S., Japan, India and the U.K. will comprise the top 5 markets next year.
German coalition for no trade barriers grows, EC rules against EU ProSuns calls for MIP benchmark change
Germanys SAFE has gained a new supporter advocating for the removal of minimum import prices (MIPs) this December. In related news, the EC has rejected EU ProSuns call for the replacement of the benchmark used for the MIP adaptation mechanism.
New York leads coalition of U.S. states in legal defense of Clean Power Plan
While the Clean Power Plan has been under attack in red states, a new coalition of some of the larger states and cities in the nation has thrown down the gauntlet.
TEP files to decrease payment for solar PV customers
Utility Tucson Electric Power (TEP) has filed for a new rate case, under which it plans to dramatically reduce compensation for PV system owners.
