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Markets & Trends

Tesla strengthens Panasonic solar bond with cell and module collaboration

The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility. Deal rests on completion of Tesla’s SolarCity acquisition.

IEA set to raise solar forecast

The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.

Suntech withdraws from EU price undertaking

Manufacturer of solar modules becomes latest Chinese firm to voluntarily walk away from the EU’s minimum import price undertaking as average selling prices continue to fall globally.

Sonnen receives a further USD 85 investment

The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.

Huawei to launch residential inverters in Q2 next year

The inverter arm of the Chinese ICT giant is set to enter new global markets with the launch of its dedicated residential product in 2017.

NGOs call on EU to remove trade duties against China

Five prominent NGOs have written a letter to the European Commission, calling for an end to trade duties that are applied to Chinese PV manufacturers, claiming that they are counterproductive for action on climate change, adding to the mounting pressure on the EU to remove the duties, as 400 companies sent a similar letter earlier in the week.

India solar PV exports up 116 percent

With a solar market that is currently thriving due to ambitious installation targets set by Prime Minister Narendra Modi, India has recorded huge year on year increases in both imports and exports, as it not only looks to increase solar deployment in the country, but it also aims to build a self-sustaining industry, which can supply markets around the world.

ARENA backs world-leading solar plus wind plus storage project in Queensland

A world-leading project that will combine solar PV, wind energy and battery storage, and which could ultimately be one of the biggest power stations in Queensland, has received financial support from the Australian Renewable Energy Agency.

European Commission seeks to bar five Chinese PV manufacturers from price undertaking

Citing alleged violations of the minimum import price agreement with Chinese PV manufacturers, the European Commission has moved to remove Huashun China and Seraphim China from the undertaking. Another three producers have notified the EC of their voluntary withdrawal.

Germany's Pfalzsolar establishes US beachhead

The Ludwigshafen-based engineering, procurement and construction firm is expanding its operations from the declining U.K. across the pond to the bustling U.S. market.

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