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Global PV markets

US: BLM codifies new solar leasing rules

After five years of careful consideration, the U.S. Bureau of Land Management announced new rules governing the leasing of public lands for renewable energy projects.

Total to install 200 MW of solar atop 5,000 service stations

The French oil company confirms plan to invest more than $300 million in the solar project, which will see 5,000 of its roadside service stations worldwide receive rooftop arrays using SunPower modules.

Daqo posts drop in revenue after volatile quarter for polysilicon

High-purity polysilicon manufacturer, Daqo New Energy, experienced a sequential drop in all major areas during the third quarter of the year, as average selling prices fell alongside polysilicon demand, however, the company was also able to reduce its own production costs, and believes the market has now stabilized somewhat.

New 200 MW solar PV tender announced in Jordan

The Jordanian government has invited developers to participate in the next round of solar tenders, which will see a further 200 MW of utility-scale solar PV installed within the country that is continuing to compound its reputation of the leading solar market in the region.

Going out in a blaze: DOE announces clean energy financing & projects

In the face of likely Trump Administration assaults on clean energy, the outgoing Obama Administration is firing all guns to support renewable energy and innovation projects.

Jinko finalizes sale of downstream business in China

The Chinese tier one solar manufacturer has cut its ties with its downstream business in China, Jinko Power, after completing the sale of 55% of its shares in the business for USD 250 million, as it continues to focus on its upstream activities.

Comtec Solar to add residential solar business to company portfolio

The Chinese solar manufacturer has agreed to buy a 51% stake in residential solar business, Forum (Asia), as the company begins to come good on its plans to expand into the downstream side of the industry.

Neo Solar Power Q3 revenue contracts 33.85%, losses hit $84 million

The Taiwanese solar cell producer suffers revenue slump as cell ASPs slump significantly in the third quarter due to tumbling demand. Overseas expansion expenses weigh heavy on balance sheet.

India: 750 MW of solar tendered at record low price

The Rajasthan tender by the Solar Energy Corporation of India saw a new low benchmark price of INR 3.93/kWh for large-scale PV, besting the country’s previous low.

Etrion to sell 60 MW Italian solar portfolio

A joint venture of Enel Green Power and Fondo Italiano per le Infrastrutture has signed the contract to buy the 60 MW of solar projects from Etrion for a fee that could go as high as EUR 102 million, as business for the Swiss power producer seems to be strengthening after posting positive quarterly financial results.

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