Taiwans Ministry of Economic Affairs is reportedly investigating seven local solar manufacturers who have been labeling products made in China as coming from Taiwan, before shipping them to Europe. The companies were fined in July; shortly afterwards Taiwan issued a new export policy.
IHS Inc. has raised its global solar PV forecasts for the next two years, to 59 GW and 65 GW, respectively. The U.S. and China are leading the charge. In 2019, meanwhile, over 70 GW is expected to be installed.
Yingli Green Energy took a step towards restoring investor confidence this morning by paying off 70% of its medium-term notes due on October 13.
Yugan GCL has signed Power China Beijing up for EPC services for a 50 MW solar PV project in Chinas Jiangxi Province. The contract is worth US$69.6 million.
Marking its exit from the PV industry, Bosch has announced it will close thin film PV development site, Bosch Solar CISTech GmbH, having failed to find a suitable investor. An exact date for the closure has not been given. 180 employees will be affected.
Canadian Solar Inc. has signed an agreement with Mashiki Town and Kumamoto Prefecture to build a 47 MW solar PV plant. It is scheduled for completion in 2017.
The SolarMax Group has begun production of its solar PV inverters once again, having transferred operations from Switzerland to Germany. Expansion is on the cards.
Construction on a 7 MW solar energy storage facility in Ohio is scheduled to begin this month, with completion expected next February. It will be tied to a PV plant, which will be online by the end of the year. The decision to add storage was made following the introduction of a bill, which saw negative changes to Solar Renewable Energy Credit (SREC) requirements.
Leaders in the Indian state have reiterated their commitment to solar photovoltaic power as they inaugurate the region’s largest green energy project.
The country’s National Energy Administration is requiring new projects to be completed by the end of 2015 and connected to the grid by the end of June next year, a move that has led to increased installations for the year.
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