IHS: The United States will install 15 GW of solar PV in 2016
The firm forecasts a 60% year-over-year growth in the U.S. solar market in 2016, but contraction next year.
NV Energy changes its tune on grandfathering of net metering customers in Nevada
The Nevada utilitys press statements had proposed allowing existing net metering customers to stay under the original up to 20 years, but the devil is in the details.
NV Energy changes its tune on grandfathering of net metering customers in Nevada
The Nevada utilitys press statements had proposed allowing existing net metering customers to stay under the original up to 20 years, but the devil is in the details.
Renewables to reach over 14% of U.S. electricity generation this year
The latest data from the U.S. Energy Department projects that utility-scale wind and solar will supply 5.2% and 0.8% of U.S. electricity in 2016, which will support an overall 9.5% growth in renewable generation.
SolarWorld targeting 2016 revenues of >EUR1 billion, shipments >1.4 GW
On the back of a successful 2015, which saw revenues and shipments exceeding forecasts by 33%, SolarWorld says it expects to see another increase of more than 20% in both areas in 2016. Although a positive 2015 EBIT was not achieved, as anticipated, it hopes for double digit gains this year.
EU confirms Trinas MIP exit
The European Commission has officially confirmed Trina Solars exit from the Minimum Import Price (MIP), announced in December. This now brings to seven, the total number of Chinese companies that have withdrawn from the undertaking.
New deal could end Hareons $90 million lawsuit woes
Hareon Solar has entered into a tripartite agreement with United PV and a Hong Kong investment fund, under which United PVs around US$90 million claim against Hareon will be transferred to the new investor. The deal, if it goes ahead, could secure Hareons survival, and its continued listing on the Shanghai Stock Exchange.
Germany: Solar installs just 1.37 GW in 2015
2015 saw declining solar PV activity in Germany once again, with under 1.5 GW installed throughout the year. In December, the Federal Network Agency registered just under 145 MW of new capacity. Meanwhile, four ground-mounted systems have been realized to date under the countrys PV tender.
Hanwha Q Cells to build 42 MW in Turkey after selling project rights
Hanwha Q Cells has sold the project development rights to five solar PV projects totaling 42 MW in Turkey. It has simultaneously been awarded an EPC contract to construct the projects.
India: Domestic content compromise proposed, WTO ruling postponed
The Indian Government has proposed a compromise to end the dispute with the World Trade Organization (WTO) over its domestic content requirement (DCR) for solar modules. A final ruling from the WTO was expected on Friday, however an official has confirmed to pv magazine this was postponed.
