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Markets & Trends

Canadian Solar manufacturing facility inaugurated in Sao Paulo

With an approximate production capacity of 400 MW, it is the largest PV module fab in Brazil.

EBRD continues support for renewables in Turkey with EUR 400 million funding

The European Bank for Reconstruction and Development (EBRD) is boosting Turkey’s small-scale renewable energy and energy efficiency projects with a further EUR 400 million in funding. A significant portion of the new funds are expected to go towards new solar PV installations.

India’s SECI to issue 1 GW rooftop solar tender

The Solar Energy Corporation of India will tomorrow issue a tender call for the installation of 1 GW of rooftop PV atop government buildings nationwide; buildings already identified, reserve price being assessed.

Solar Impulse co-founder expects passenger electric planes within 10 years, SolarStratos aircraft unveiled

Bertrand Piccard, pilot and co-founder of groundbreaking Solar Impulse project, believes electric planes powered by solar energy can carry passengers within the next decade. SolarStratos project aims to become first solar-powered plane to penetrate stratosphere.

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Two more Chinese companies ousted from EU price undertaking

Seraphim and Huashun have now been added to a growing list of Chinese solar manufacturers that have either left, or been excluded from, the European Commission’s minimum import price (MIP) for PV modules and cells, inviting questions of the scheme’s continued viability.

Yingli losses push past $50m in Q3

The Chinese solar company cites weak demand in China and module oversupply for lower revenues, profit and margin; will pivot towards higher efficiency sales in 2017.

Global inverter shipments to contract 5% in 2017 before steady recovery, says GTM Research

Consolidation of top 10 suppliers continues as Chinese inverter firms Huawei and Sungrow top shipment chart, while SMA’s U.S. strength sees it cling on to top spot for revenue, report shows.

Tesla/SolarCity starts aggressive hiring process at Buffalo gigafactory

Despite some early setbacks, the combined companies are looking for 34 positions — out of an expected 1,400 jobs — to staff their new facility.

Google to source 100% of its power from renewables in 2017

The tech giant says that next year all of its offices as well as its data centers will be powered by renewables. The company has signed 20 PPAs to date for a total of 2.6 GW.

100% renewable energy system cheapest for South America

Transitioning to a fully renewable energy system, with over 50% coming from solar PV, would be the cheapest option for South America and it is possible in the next 15 years, according to research conducted by the Lappeenranta University of Technology.

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