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Markets & Trends

SolarCity again uneven in Q3 as loans and system sales make their mark

Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.

Holland: 2.5 GW of PV applications for autumn SDE+ round

Almost 2.5 GW of solar projects have been submitted to the Netherland’s autumn SDE+ tender round. The SDE+ autumn round has a budget of €5 billion available to renewable energy projects, with the Dutch Ministry of Economic Affairs announcing last week that 2.439 GW of solar projects, worth €11.5 billion, had applied for the SDE+ subsidy in the latest tender round.

Phoenix Solar posts solid quarterly results with growth in revenues and EBIT

The German EPC contractor for solar developments has announced solid financial results for the third quarter of the year, with yearly growth in revenues, EBIT and gross margin, which the company puts down to its presence in growing markets around the world, as well sensible prices and supply chain initiatives.

SunPower results improve during Q3

SunPower reported impressive operational results, but continued losses and warned of impacts over the next few quarters as it copes with intense module price pressures.

Breaking: Bad news for US solar as Donald Trump becomes President-elect

The results of the 2016 U.S. Presidential and Senate Elections are a worst-case scenario for the U.S. solar industry, and no federal support is safe.

India: SECI tender set to drive solar tariffs to record low of 6 US cents/kWh

The latest 750 MW solar tender by the Solar Corporation of India (SECI) is likely to see tariffs dip below INR 4/kWh for the first time ever, with desire growing to see further fall in rates.

US election: solar, renewable and climate advocates cool on Trump win

While those within the U.S. are understandably nervy after Trump’s victory, global observers have taken a more sanguine view on the potential impact of his Presidency on solar markets.

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UK: solar still being blocked in next CFD auction

The second Contracts for Difference auction for renewables has been announced for April 2017, chief focus of GBP 290 million funding pot to be less established technologies as solar once more misses out.

Adani completes 100 MW Punjab solar farm in India

The installation is the largest solar plant in India to use tracker technology and was commissioned six months ahead of schedule, Adani Group confirmed.

Fraunhofer ISE achieves 30.2% efficiency for silicon multi-junction solar cell

Germany’s Fraunhofer ISE has collaborated with Austrian company EV Group to achieve the record-breaking efficiency for silicon-based multi-junction solar cells.

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