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The pv magazine weekly news digest

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.

UK should taper off subsidies over five years

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.

SunEdison signs 180 MW solar PPA with India's largest utility

Power purchase agreement with Tata Power Delhi Distribution Limitied will provide 180 MW of large-scale solar PV power for the city of New Delhi.

Another round of financing for Sonnenbatterie

Germany storage solutions manufacturer Sonnenbatterie has successfully completed another financing round. Czech investor Inven Capital has managed to increase Sonnenbatterie’s capital with this gesture.

800 MW of solar licenses in Thailand for 2016

Thailand has announced that applications for solar farm licenses will be open to the public sector early 2016. A FIT of $0.16/kWh has been slated for 25 years.

Solar Frontier hits 3 GW of global CIS module shipments

Landmark represents widening of Japanese company’s international footprint, more than 20 million Solar Frontier CIS modules now installed around the world.

China eyes further PV target increase in 13th five-year plan

The National Energy Administration is currently thrashing out the terms of the 13th iteration of its five-year plan, and may outline a 2020 PV target of 200 GW, sources say.

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Sunrun lays down terms for $309m IPO

The U.S. solar leasing company sets terms for its planned initial public offering (IPO), aiming to raise up to $309 million after filing its first IPO last month.

SunPower to build 100 MW Nevada solar plant for NV Energy

U.S. solar firm signs 20-year power purchase agreement with Nevada utility NV Energy for a 100 MW solar PV plant planned for the state’s Eldorado Valley in Boulder City.

Huawei, Panasonic subsidiary cooperate in Southeast Asia

Fast growing inverter manufacturer Huawei Technology has signed a two-year agreement with Malaysia’s Panasonic Eco Solutions (PESMY) this week. The deal will see the two companies team up to roll out ‘smart PV’ solutions in the Southeast Asian region.

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