Chinese PV manufacturer Canadian Solar has indicated that it will work with the European Commission to demonstrate that it has acted in accordance with the minimum import price (MIP) for modules sent to the EU. Canadian management have added that any change of MIP status for the firm will not significantly impact its 2015 guidance.
Financial guidance reveals industry-leading 105% year-on-year increase in module shipments, driving net revenues to $1.8 billion for the year.
Chinese module manufacturer ReneSola has indicated that it will exit from the European Union’s minimum import price (MIP) agreement. The reason for ReneSola’s move is the European Commission ruling that Chinese companies cannot sell OEM modules under the MIP framework.
In addition to South Australia’s biggest microinverter installation, the company has signed an exclusive supply deal with EnergyAustralia that provides access to 10% of the country’s population while also expanding its engineering facility in New Zealand.
In addition to South Australia’s biggest microinverter installation, the company has signed an exclusive supply deal with EnergyAustralia that provides access to 10% of the country’s population while also expanding its engineering facility in New Zealand.
ET Solar is “very confident” it can address the concerns raised by the European Commission late last week in its finding that the company had breached the terms of the MIP agreement. ET says it will “address the EC’s concerns through clarification and reconciliation efforts in the next weeks.”
The German energy giant is shifting its focus entirely to renewables and spinning off its conventional energy business. It plans to announce details about the two new companies later this year.
The 30 MW-ac Lone Valley solar park in California’s Mojave Desert is equipped with 262 of Exosun’s horizontal single-axis trackers and represents the first collaboration between the French company and EDP Renewables.
U.S. renewables company SunEdison has secured non-recourse funding from the Shinsei Bank for the 9.6 MW Tarumizu project on the Japanese island of Kyushu. The deal indicates the growing trend to non-recourse finance for renewable projects in Japan.
The grid-connected solar plant atop the Mont Blanc cable car station required inverters with specifications appropriate to a site at an altitude of 3,500 meters.
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