A subsidiary of United Photovoltaics (United PV) has acquired five PV power plants in Inner Mongolia and the Zhejian Province in China from a group of development companies. United PV has paid RMB105 million (US$16.91 million) in cash for the projects from a five project development companies.
Demand for solar power storage systems in Germany is continuing to rise, with reports that over 10,000 storage batteries for PV systems have been subsidized since 2013. Q1 2015, meanwhile, has seen a 40% YOY increase in the subsidization of such systems.
German production equipment supplier Manz AG has recorded a significant loss in Q1 2015. However, the company remains positive for its 2015 outlook with a EUR 92 million ($103.7 million) order backlog and expects revenues between EUR 320 million (US$360.5 million) and EUR 340 million ($383.1 million) for the full year.
Solarpack has agreed to sell a 26 MW PV power plant, to be built in the Artigas Department of Uruguay, to SunEdison’s emerging markets yieldco.
Last month Taiwanese CIGS manufacturer TSMC Solar revealed a 16.5% CIGS world record module. The record dethroned German equipment supplier Manz’s CIGS module record, which had only held the world record position for two days. TSMC Solar’s worldwide sales & marketing VP Marc Spaulding and VP for R&D Wen-Chin Lee spoke to pv magazine about the result.
Gintech Thailand subsidiary has been established to set up a 350 MW solar cell production line in Thailand. It is expected to commence commercial operation in the first quarter of 2016.
Germany’s E.ON has announced it will work together with U.S. start-up Sungevity in the German energy market. Details on the investment sum were not provided.
The country’s “sclerotic” grid is holding back renewable energy, warns the solar trade body, which has called on the new government to invest in the U.K.’s power infrastructure.
The announcement from France’s Ministry of Ecology, Sustainable Development and Energy of a tender calling for solar PV and battery installations in the French overseas territories adds to the storage technology craze of the previous days.
PV module production is set to continue along its historic 20% annual learning curve, with a number of cell and module technologies combining to deliver higher power output and manufacturing profitability. These were some of the key findings delivered in the 6th annual International Technology Roadmap for PV (ITPRV), published last week by SEMI and VDMA.
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