Jinko reports growing Q3 shipments, falling Y/Y profits
Chinas JinkoSolar continues to grow shipments in Q3, to 1.345 GW of modules, however its gross income on an annual basis has suffered, due to a number of factors including currency devaluation, stock based compensation expenses and income tax liabilities.
Australian holiday island goes 45% renewable with new PV array
The Western Australian island of Rottnest will achieve 45% renewable penetration with a new 600 kW PV array, which will be coupled with an existing wind turbine. Together the renewable generation sources will supply the island with almost half of its power, necessitating a sophisticated diesel-hybrid control system to be delivered by Hydro Tasmania.
JA Solar ships record 1.1 GW in third quarter
Record revenue and shipments underline strong third quarter for the Chinese solar firm that surpassed high end guidance forecast from Q2; China represented more than half of its total shipments.
Correction: Trina Solar signs MoU for $518m fab in India's Andhra Pradesh
Local reports suggest the Chinese solar firm has penned a memorandum of understanding with the Andhra Pradesh government to develop its 2 GW, Rs 2,800 crore solar manufacturing facility in Atchutapuram.
German research reveals keys to "perpetual youth" batteries
Researchers from Germany’s Technical University of Munich (TUM) have discovered key processes by which lithium ion batteries lose capacity. The scientists believe that battery life can be enhanced through adjusting the process by which lithium ion batteries form a pacifying layer on graphite anodes or by carrying out modifications on the cathode surface.
NEXTracker leverages Flex's Brazilian production to meet local content
Fast-growing tracker supplier NEXTracker will produce tracking technology at parent company Flextronic’s Brazilian facilities. The move will allow it to meet local content requirements in what CEO Dan Shugar describes as “the next frontier in Latin American solar deployment.”
UK to phase out all coal plants by 2025
Energy Minister Amber Rudd delivers speech calling for an end to ‘outdated’ energy source, with natural gas and nuclear power to be ramped up to plug the power gap.
India's rooftop PV capacity hits 525 MW, says Bridge to India
Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.
Enel marks push into renewables with Enel Green Energy repurchase
Italian utility Enel is moving towards the repurchase of renewable developer Enel Green Power (EGP). The move is the key part of Enel’s stepping up of its renewable activity, as CEO Francesco Starace looks to EGP becoming “one of the growth engines of the Enel Group.”
Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities
The wind giant reveals bold investment plans in India’s solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.
