Hanwha Q Cells records 65% YoY revenue increase for Q3
South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.
Sweden to effectively scrap solar energy tax: reports
The Swedish government is poised to introduce a 98% cut to a controversial tax on solar energy after receiving sustained criticism from environmentalists, reports Reuters.
TSEC increasing manufacturing capacity by 450 MW
Solar cell and module manufacturer Taiwan Solar Energy Corp (TSEC) announced plans to increase its annual solar cell manufacturing capacity by 450 MW using finance it accrued through loans and new share issuances, while it is also planning to build a 1 GW solar module manufacturing facility.
Module price slump weighs on Canadian Solar Q3 revenue
The Tier-1 Chinese solar company sees third quarter revenue contract 18.4% sequentially and 22.7% year-on-year due to tumbling module prices; shipments come in below guidance.
EMEX 2016: UK solar’s ever-shifting tides
Despite the gloom stemming from the UK’s decision to scrap subsidies for large-scale solar and back nuclear energy, there are signs at London’s EMEX 2016 show that the domestic solar sector is fighting back.
Utility-scale PV O&M market to hit 182 GW by end of year
An extensive new report of the utility-scale solar operations and maintenance (O&M) market, by GTM Research and SoliChamba Consulting, projects that the market will have reached 182 GW by the end of 2016, and will have more than doubled to reach 439 GW by 2021.
For Trump and solar, don’t borrow trouble
There are many uncertainties about what a Trump Administration will bring. But the impacts on solar may be less than many fear.
Amazon expands partnership with Dominion for a further 180 MW of solar
The e-commerce giant has agreed to purchase energy from a further 180 MW of solar projects that will be developed by Dominion in Virginia, US, as Amazon looks to fuel 100% of its operations through renewable energy within the next ten years.
India will add 5.1 GW of solar PV this year, finds Bridge to India
Analyst’s report reveals that India now has more than 10 GW of utility-scale, rooftop and off-grid solar PV installed nationwide, with the sector growing 137% this year alone. India on course to be world’s third largest solar market in 2017.
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.
