While revenues and margins fell in the second quarter, SunPower is still producing modules at full capacity with expansions planned, and is holding more of the solar projects which it builds to retain additional long-term revenue.
The module manufacturer will provide solar panels for rural schools and villages in Malaysia as part of a government electricity project.
Japanese electronics corporation points to the end of residential subsidies in Japan and a drop-off in utility scale projects as negatives and no mention of solar is made in the upbeat forecasts for the next quarter.
While nuclear will remain the lynchpin of France’s energy transition, renewables are set an ambitious target of 32% penetration by 2030.
A BNDES solar project funding scheme will have various levels of local content requirement. From 2020 onwards, bank-funded schemes must include Brazilian cells.
A total of 1,137 MW of solar PV capacity was added in the first six months of the year, outstripping Germany and the highest in Europe.
ILB Helios plans 3.3 GW of projects in Turkey over the next three years. The deal, with the Chinese manufacturer, has a pipeline of projects including Jordan, Kazakhstan, Macedonia, Iran and Iraq.
The government has proposed raising the bar for commercial rooftop systems needing planning permission, from 50 kW to 1 MW. The STA says more needs to be done for the 50 kW-to-5 MW rooftop market in the UK.
The Chinese manufacturer says it has enough cash to get back on its feet. LDK’s liquidators are seeking permission to halve the creditors’ settlement and extend the deadline to complete an offshore restructuring.
The La Jacinta project is a breakthrough for Latin America, as one of only five solar projects larger than 50 MW to secure both a power contract and financing.
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