The pv magazine weekly news digest
Sweden made some sweet solar sounds this week, while Tesla finally dotted the Is and crossed the Ts on its SolarCity acquisition, and India deepened its solar love affair.
Autumn Statement: UK increases funding to EVs, solar again left in shade
The UK’s Chancellor announced yesterday extra funding to electric vehicles (EVs), but overall failed to convince that the government has a low-carbon growth plan that includes solar.
India increases its solar exports 66% YoY, says Mercom
Analysis by Mercom Capital Group finds 66% growth in Indian-made solar cells and modules between April-August this year; export figure dwarfed by imports, which topped $763 million during that period.
Sterling and Wilson secure contract to construct 170 MW solar plant in Morocco
A consortium led by ACWA Power has contracted Sterling and Wilson, the largest EPC company in the world, to build the 170 MW NOOR PV I Program in Morocco, which, upon completion, will be one of the largest solar PV complexes in North Africa.
Turkey: a new wave of solar PV deployment?
Turkey recently installed its largest PV project; the first of 600 MW of solar farms that have been tendered in the country. But does this mean that those 600 MW of solar PV will actually be installed in Turkey?
Tesla/SolarCity completes PV and battery system to power Samoan island
The 1.4 MW solar and 6 MWh battery system will supply power to the 600 residents of Ta’u, replacing the island’s diesel generators.
China supplied 84% of India’s imported solar cells and modules in FY 2016
New and renewable energy minister Piyush Goyal confirms that 84% of solar cell and module imports into India in the last fiscal year came from China. These imports amounted to $1.96bn in value.
Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance
The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.
Sweden plans 60% subsidy for residential batteries
Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
Volkswagen announces shift toward clean energy and electric vehicles
In an effort to rebuild its reputation after last year’s emissions cheating scandal, the German car manufacturer has announced plans to become the world leader in electric vehicles by 2025.
