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Global PV markets

India: Demonetization issues add to curtailment concerns in Tamil Nadu solar auction

Bids of just 117 MW have so far been received in the Tamil Nadu Distribution and Generation Company 500 MW auction as difficulties caused by Modi’s demonetization program exacerbate existing curtailment issues, says Mercom Capital.

ReneSola posts $20m loss in Q3 as revenue falls short of guidance

The Chinese solar company posts its first quarterly loss in more than a year as revenue and shipments slip in wake of China market slowdown and lower module ASPs.

Argentina: 516 MW of solar awarded at USD 54.95 per MWh

During Round 1.5 of Argentina’s renewable energy tender more than half of the quota was awarded to the PV category. Jinko Solar and Isolux Corsan were amongst the winners from the solar industry.

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China: ET Energy creates JV in pursuit of C&I rooftop solar growth

ET Energy has set up a strategic cooperation relationship with SANY group, one of the largest private companies of China, to focus on rooftop solar PV projects.

BREAKING: World’s cheapest solar power contract signed for Dubai mega-project

DEWA has signed a US$29.90/MWh PPA with Masdar for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park.

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UK, France should put citizen solar ahead of nuclear, says former EDF chief

Gérard Magnin, the former director of EDF who stepped down from the board in July in protest at the Hinkley Point C approval, says French nuclear industry is in its worst situation ever, and calls on UK to promote citizen solar.

Unisun Energy to build China’s largest rooftop PV system with Wanbang Logistics

The rooftop system is being built over three site areas of the Henan Wanbang International Agricultural Products Logistics Center , and will have a huge 60 MW capacity once it is completed.

Global Solar Council elects GCL chairman as president

Zhu Gongshan to assume role of president of the second committee of the Global Solar Council; issues call to ease malignant competition and resolve trade disputes across solar industry.

India: ReNew Power secures 49 MW in SECI solar rooftop tender

The renewable energy company snaps up 10% of the 500 MW rooftop solar mega tender allocation from the Solar Energy Corporation India.

JA Solar breaks ground on $1bn Vietnam solar cell factory: reports

Chinese Tier-1 solar developer to invest an initial $320 million in the creation and initial operation of the solar cell factory, rising to $1 billion as the fab is expanded to serve international demand.

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