Trina to spin-off downstream business
Trina Solar Limited is planning to spin-off its downstream solar PV project business as early as next year, said CFO, Teresa Tan. A “growthco” model is likely to be adopted, rather than a yieldco. Criticism has been aimed at the plan, due to Trinas focus on China.
What the new PM could mean for solar Down Under
Australia has its fifth Prime Minister in as many years, with the ruling Liberal Party having voted for 54-44 for Communications Minister Malcolm Turnbull to replace Tony Abbott as party leader. Turnbull has previously led the Liberal Party in opposition and is a supporter of strong action on climate change. The Liberals form government in coalition with the National Party.
Dubai opens 800 MW PV tender, commissioning set for 2018
Dubai has officially opened its third solar PV tender. The 800 MW will be added to the Mohammed bin Rashid Al Maktoum Solar Park, which is aiming to reach 3 GW by 2030. Commissioning of the 800 MW is expected to begin in 2018.
India: Andhra Pradesh 500 MW PV tender oversubscribed 10-fold
The National Solar Missions (NSMs) tender for 500 MW of solar PV to be installed in Andhra Pradesh has been oversubscribed tenfold, with 30 developers submitting bids totaling 5.5 GW. A second round of online bids is now set to take place.
California calls for 50% renewables in electricity by 2030
Late on Friday, the California Assembly passed a bill to raise the state’s renewable portfolio standard to 50% by 2030, the second-most ambitious mandate in the nation.
Sunrun shows growth in first quarterly results as a public company
Sunrun showed a 70% year-over-year increase in bookings in its second quarter results, as well as significant cost reductions for deployed systems.
Sunrun shows growth in first quarterly results as a public company
Sunrun showed a 70% year-over-year increase in bookings in its second quarter results, as well as significant cost reductions for deployed systems.
Sunrun shows growth in first quarterly results as a public company
Sunrun showed a 70% year-over-year increase in bookings in its second quarter results, as well as significant cost reductions for deployed systems.
Acciona to build 247 MW solar farm in Chile
Project in the Atacama Desert will become the largest single PV installation in Latin America once completed, utilizing more than 777,000 solar modules across 280 hectares.
Subsidy delays in China harming PV industry, says Trina Solar
Tier-1 Chinese solar firm says that the subsidy delays of more than one year are storing up trouble for the countrys solar industry, reports Bloomberg.
