Global inverter shipments to contract 5% in 2017 before steady recovery, says GTM Research
Consolidation of top 10 suppliers continues as Chinese inverter firms Huawei and Sungrow top shipment chart, while SMA’s U.S. strength sees it cling on to top spot for revenue, report shows.
Tata Power Solar becomes second Indian module manufacturer to achieve Tier 1 status
Bloomberg New Energy Finance now considers the Indian solar company a Tier 1 operator, becoming only the second in the country after Vikram Solar to earn the accolade.
Bluefield Solar acquires five UK solar plants
The solar investment fund has paid GBP 22.7 million for five sub-5 MW solar PV plants in England and Wales that are due to become operational before March 31, 2017.
Indian solar imports grew 47% in first half of FY 2016, finds Mercom Capital
Close to $1bn of solar modules and cells imported into India in the first six months of the financial year, while exports rose 12% to reach $52 million, finds latest analysis by Mercom Capital Group.
EnergyAustralia signs foundation contracts for 500 MW solar and wind PPAs
The energy company is close to agreeing AUS$1.5 billion worth of power purchase agreements for solar and wind projects located in eastern Australia.
Ecoppia module cleaning solution chosen for Bhadla Solar Park in India
French energy group ENGIE has selected Ecoppia to provide its state-of-the-art, water-free solar panel cleaning system to 168 MW of a 190 MW PV system, to reduce the LCOE and maintain peak energy production of the panels.
EDF inaugurates 146 MW solar plant in Chile
The company is also building a 115 MW PV plant in the nation.
All-time high in US storage investment in Q3, finds GTM report
Disclosed venture funding and project finance of energy storage projects in the U.S. in the third quarter reached $660 million, although actual deployments contracted slightly, says GTM Research.
UK: Big brands sign letter urging government to stop solar tax hike
More than 160 NGOs, schools, companies, energy providers and public institutions sign letter addressed to U.K. Chancellor calling on halt to proposed increase in business rates for solar panels.
India: Demonetization program could boost solar industry, says Mercom Capital
Although chaotic, the Indian government’s note recall is likely to benefit banks and distribution companies, potentially loosening lending criteria for solar projects and bringing down interest rates, Mercom Capital believes.
