The pv magazine weekly news digest
With the fallout from the U.S. election still hot on everybody’s lips, news and speculation as to what The Donald might be planning with the solar industry was rife, but while the world’s eyes were fixed on the bizarre events taking place in Washington, the solar ‘deal of the year’ was finally approved between Tesla and SolarCity.
Solar demand to contract 7% next year before sustained growth, finds GTM report
Research suggests next year’s lull in solar demand to be less steep than originally feared, with compound annual growth rate of 9% to return in 2018 through 2021.
JA Solar posts steady shipment and revenue growth for Q3
The Chinese solar company increases its total shipments 10% YoY and 1% sequentially, and it was a similar story in terms of revenue, which hit $624.3 million for the quarter.
Hanwha Q Cells teams with Asia Clean Capital on 200 MW Chinese solar pipeline
The South Korean solar company will provide modules and technical support to assist Asia Clean Capital’s rooftop solar ventures in China.
China: more than 5 GW of solar has no access to subsidy
Anhui and Henan provinces have both warned that PV plants either completed or under construction under the First Built First (FBF) principle may not be granted scale index, arousing further concern over the uncertainty of China’s PV benchmark FIT adjustment.
EU confirms withdrawal of five additional Chinese solar firms from MIP
The European Commission confirmed yesterday that JinkoSolar, JA Solar, Wuxi Suntech, Risen Energy, and Phono Solar are now withdrawn from the minimum import price undertaking for solar components imported into the EU.
JinkoSolar grows Q3 revenue 39% YoY, ups 2016 guidance
The Tier-1 solar company once again posted world-leading module shipments of 1,606 MW, generating revenue of $855 million. However, both metrics were down on Q2 despite soaring against Q3 2015.
String inverters on the rise
The growing adoption of string inverters for utility-scale solar plants was a hot topic at Huawei’s FusionSolar Conference in Lyon, France, earlier in the month, as market analysts predict that high-power and high-voltage string inverters are poised to take a bigger slice of the inverter market, which is good news for Huawei; the world’s largest string inverter supplier.
Solar to be a clear winner in global energy over next 25 years, says IEA
The International Energy Agency’s World Energy Outlook 2016 identifies solar, wind and gas as the clear energy winners over the next 25 years as coal consumption flatlines.
More than 20 countries sign International Solar Alliance Framework
Last year’s Narendra Modi-driven goal to create an international solar alliance became a reality this week as more than 20 nations formally signed the framework agreement to set it on the path towards UN recognition
