SolarCity: Q2 losses double as installations and revenue soar
The leading U.S. solar company posted smaller than expected losses of $47.7 million in the second quarter, the figure masking a 62% revenue increase.
First Solar eyes Pakistan
After breaking into Indian solar with its first project, the U.S. thin film giant has stated an ambition to enter Pakistan’s fledgling market. Pakistan has no utility scale projects on the ground yet.
JinkoSolar opens 120 MW South African PV module factory
The $7.4 million production facility is JinkoSolar’s first such facility outside China, and signals the company’s intent to expand into the African market.
UK: ReneSola to supply 22 MW of solar modules to two projects
Two large-scale solar farms in England are to receive ReneSola’s Virtus I and II PV modules as the company cranks up its presence in this dynamic market.
Indian government considers introducing FIT
Narendra Modi’s government is reportedly considering whether to introduce fixed payment incentives for solar. Any FIT would replace the country’s reverse bidding process for developers.
pv magazine's weekly news roundup
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
China adds 3.3 GW of solar in six months
The Asian superpower is on track to eclipse Europe as the world’s solar powerhouse this year. But the first-half figure is well short of halfway to the stated target of 13 GW of new solar this year.
Lenders and leading developer focus on Nigerian market
Nigeria’s solar PV programme is expected to benefit from the latest funding approvals from a group of international lenders mere months after the country’s energy sub-sector attracted a leading global solar PV developer.
Smart money against hitting EU target
The EU is on track to fall short of its target of having smart meters in 80% of households by 2020. Member states have committed more than $60 billion to the smart meter roll out.
CEO Interview: Solar Frontier – Japan boom to continue
The boom in the Japanese PV couldnt have come at a better time for CIGS producer Solar Frontier. In 2011, having completed construction and fit out of its 900 MW Kunitomi fab, it was faced with rapidly falling c-Si module prices and global PV module overcapacity. But on the back of two bumper years of demand in its home market, the manufacturer has integrated its downstream capabilities and has been running at full blast for around 18 months.
