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Global PV markets

New 41 MW solar plant planned for Zimbabwe

Private energy company TD Energy has announced plans to invest USD 80 million in a 40.8 MW PV project in the Zimbabwean town of Norton, with the goal of steering the country’s energy deficit solutions in the direction of renewable energy.

Module price slump weighs on Canadian Solar Q3 revenue

The Tier-1 Chinese solar company sees third quarter revenue contract 18.4% sequentially and 22.7% year-on-year due to tumbling module prices; shipments come in below guidance.

EMEX 2016: UK solar’s ever-shifting tides

Despite the gloom stemming from the UK’s decision to scrap subsidies for large-scale solar and back nuclear energy, there are signs at London’s EMEX 2016 show that the domestic solar sector is fighting back.

Utility-scale PV O&M market to hit 182 GW by end of year

An extensive new report of the utility-scale solar operations and maintenance (O&M) market, by GTM Research and SoliChamba Consulting, projects that the market will have reached 182 GW by the end of 2016, and will have more than doubled to reach 439 GW by 2021.

Tesla officially acquires SolarCity

The largest residential solar developer is now officially part of Elon Musk’s electric vehicle and battery empire.

Construction underway at Enel’s 180 MW solar plant in Peru

Once completed the project will be by far the largest PV plant in the country and one of the largest on the continent, as Enel looks to take advantage of the country’s push towards a more diversified energy mix.

For Trump and solar, don’t borrow trouble

There are many uncertainties about what a Trump Administration will bring. But the impacts on solar may be less than many fear.

Positive feedback for grid connection of 86 MW PV plant in South Africa

The Grid Access Unit of South African power utility Eskom has praised the efforts of juwi and Sonnedix for their successful connection to the grid of the Mulilo-Sonnedix-Prieska PV project, which is believed to be the first PV project under the REIPP to gain grid code compliance before reaching Commercial Operation.

Brookfield, Appaloosa propose expedited buy-out of TerraForm Power, Global

The two companies say they are willing to sign a contract for TerraForm by December 6 to avoid an additional payment to bondholders under the consent solicitation.

India will add 5.1 GW of solar PV this year, finds Bridge to India

Analyst’s report reveals that India now has more than 10 GW of utility-scale, rooftop and off-grid solar PV installed nationwide, with the sector growing 137% this year alone. India on course to be world’s third largest solar market in 2017.

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