With evidence emerging that Chinas National Development and Reform Commission (NDRC) is considering solar and wind tariffs by 5.5 6%, Deutsche Bank has signaled that it is currently revising its PV demand forecasts for the market for 2015/16. Deutsche Bank has described the timing of the potential cuts as somewhat surprising.
Solar firm signs PPA with Bloomberg for the delivery of a 2.9 MW solar system to offset 5% of the emissions from the company’s Rockland County, New York-based data center; agreement will save more than $2 million.
Ikea will no longer distribute Hanergy Thin Film modules in Europe. The Financial Times, who has lead the coverage of Hanergys spectacular downfall, reported today that homeware giant has ended its agreement with Hanergy.
Hanwha Q Cells and Austin Energy have signed a 25-year power contract for the project, as part of 450 MW of solar contracts recently approved by Austin’s City Council.
The 12 MW-AC solar project will meet 20% of the island’s demand during daytime hours, and incorporates a 6 MW battery storage system.
U.S. thin film producers and project developer First Solar has recorded quarterly sales of $1.3 billion for Q3 2015. With its book-to-bill ratio of one-to-one, the company has expressed cautious optimism for the U.S. utility scale market after 2016.
Prime Minister Narendra Modi’s attendance at the UN climate talks timed to coincide with proposal by the PM of an alliance between India and hundreds of other sun-rich nations around the globe.
The Japanese electrical firm eyes expansion outside of its domestic market, and sees solar+storage as a strong avenue into the growing U.S. residential solar market.
German laser production equipment supplier InnoLas has announced a deal to supply Sunrise Global Solar Energy with tooling for 800 MW of PERC production. InnoLas will ship five of its ILS-TT tools for Laser Contact Opening.
The property development firm aims to reach 50 MW of installed rooftop solar capacity by January across Thailand, and has created a solar subsidiary to oversee project expansion.
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