Australia: solar subsidy report draws industry's ire
Report by Australian think-tank the Grattan Institute attacking the country’s “expensive” solar subsidies dismissed as blinkered by pro-solar advocates.
Hevel Solar plans $450m PV expansion in Russia
Venture between Renova and OAO Rusnano to develop Russia’s solar footprint being driven by oil billionaire Viktor Vekselberg.
PV plans abound, but Jordan can’t rest on its laurels
News of solar PV plans in Jordan is coming in fast and thick on the back of announcements last week that projects totaling 200 MW had been tendered at record low prices. The country appears to be gearing up for its day in the sun, but it can’t afford to rest on its laurels, with the fossil fuel industries still lobbying heavily.
India: JA Solar and EIL sign 500 MW PV manufacturing MOU
Under a memorandum of understanding (MOU), JA Solar Holdings Co., Ltd has joined forces with Essel Infraprojects Limited (EIL) to establish a solar cell and module manufacturing facility.
US installs 50 MW PV in April
According to the latest statistics, the U.S. added 50 MW of new PV projects in April. For the first quarter of 2015, 362 MW were installed; a far cry from the 937 MW installed in the previous year.
Taiwans NSP announces yieldco
Jumping on the bandwagon, Neo Solar Power Corporation has announced it will form a yieldco. An investment of US$50 million has been earmarked by the Taiwanese company. It plans a public listing by Q1 2016 at the latest.
BYD to establish PV module facility in Brazil
BYD Company Limited has said it will build a 400 MW PV module manufacturing facility in Brazil, together with APEX-Brasil. It is scheduled to open in the first half of 2016.
High liability to asset ratios and low inventory turnover signal "solvency concerns" for PV companies
Based on their liability to asset ratios, and low inventory turnovers, Yingli Green Energy and Canadian Solar, among others, are posing “potential solvency concerns,” according to a leading solar research analyst. First Solar, meanwhile, appears to be the fittest solar company analyzed.
SPI, K.K. Uniroot announce 500 MW Japanese PV pipeline
China-based Solar Power, Inc. and Japan’s K.K. Uniroot will develop over 500 MW of PV projects in Japan under a new partnership.
JinkoSolars Malaysian PV manufacturing facility operational
Two months after construction began, JinkoSolar has announced its new Malaysian PV cell and module manufacturing facility is officially operational.
