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Global PV markets

Japanese government agency funds $9.7m Nigerian solar project

The Japan International Cooperation Agency has donated to the Nigerian federal government funding for the execution of a 1.2 MW solar PV development project at the Usman Dam Water Treatment Plant.

Sungevity enters partnership with leading Belgian solar firm

The U.S. distributed solar installer has partnered with Belgium’s Electrabel to begin installing rooftop solar panels across the country.

Ratify Paris Agreement early to attract better RE investment, G20 countries told

A consortium of 130 global institutions that control $13 trillion investments has called upon G20 countries to move fast on ratifying the Paris Agreement in order to deliver greater policy certainty and more investment in renewables.

GCL-Poly posts 28% revenue increase for H1

The polysilicon and wafer producer reports strong first half financials, growing revenue by 28%, gross profit by 66% as income more than doubles in space of a year.

Brazil mulls request for amicable cancelation of 670 MW of solar awarded in first tender

Following the devaluation of the Brazilian real against the U.S. dollar, six companies that won PPAs in 2014 may now be able to cancel the solar development contracts. Small penalties likely to apply.

EU reimposes AD solar duties on three more Chinese companies

Osda Solar, Qixin Solar Electrical Appliance and Shandong Linuo Photovoltaic Hi-Tech all deemed to be in breach of the terms of the MIP undertaking.

India solar capacity grows 80% in past 12 months, says report

The nation now has 8.1 GW of cumulative solar PV capacity, says Bridge to India, having added 3.6 GW in the last year. Tamil Nadu leads the way, growing by 1.2 GW in that time.

20 MW solar plant being developed at earthquake-stricken Italian town

U.K. investment firm Quercus Assets Selection has provided an official grant for the project in the small Italian town of Celano in the Abruzzo region that was hit by an earthquake in 2009.

World-leading solar and battery storage project lures BHP

A world leading large-scale solar and battery storage project in north Queensland has drawn interest from the world’s biggest miner, BHP Billiton, which says it is looking at the technology for its remote and off-grid mine sites.

Surges in stock purchases of SolarEdge during quarter

Recent SEC filings show that a number of investment firms have been taking large chunks of the Israeli power optimizer specialist, not least NN Investment Partner Holding who made a $4.5 million stock purchase, in the face of a good fiscal year financially for SolarEdge.

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