China dispatch: Momentum building behind yieldcos
Several China PV companies are currently developing plans to spin off PV power plant projects into subsidiaries that can then be taken to IPO. These firms include CSI, JinkoSolar, the power station unit of Chint group and several other domestic new energy companies.
Chinese developer's $50m warchest
United PV Group will raise funds from a convertible bond issue. Hong Kong-based developer will expand its 682 MW project portfolio.
Clean energy from 'most polluted place in Israel'
Former chemical waste sink has been capped and covered with solar panels. The 37.5 MW Ne’ot Hovav project was Israel’s first large-scale, grid-connected solar project.
Australia: On the cusp of RET compromise. Of sorts
The Australian government looks likely to acquiesce to a compromise on a reduced RET with opposition parties. However, ongoing reviews look likely, destabilizing the large scale renewable sector.
Off-Grid Digest
The pv magazine digest of the world’s off-grid news, put together by specialist editor Peter Carvill.
Daqo records falling polysilicon costs
Chinese polysilicon and wafer producer Daqo New Energy has announced record-low polysilicon production costs in its Q1 2015 results. Daqo reports US$12.8/kg total and $10.53/kg cash production costs for the quarter. Net margins remains tight, with the company booking $1.2 million in income attributable to shareholders.
Amtech reports growing revenues, high expectations
U.S.-based production equipment supplier Amtech Systems has reported growing revenues and steady bookings, on a quarter-on-quarter basis, adding that its experience at last week’s SNEC provided a number of reasons for optimism. The company reports its order backlog is at the highest level in three years.
The pv magazine weekly news digest
This week it was all Tesla, Tesla, Tesla and, in other news: Tesla. Apparently Elon Musk has released some new product or other…
SolarMax confirms buyer
The insolvent inverter supplier has announced that an investor has purchased the company and that it will begin trading in June, complete with new service and product offerings.
GTM: Fast-growing Honduras usurps Mexico
With a market growing to 460 MW this year, Honduras is set to surpass Mexico as Latin Americas number two solar market this year. GTM Research has published the finding in its latest Latin America PV Playbook.
