Indian solar imports grew 47% in first half of FY 2016, finds Mercom Capital
Close to $1bn of solar modules and cells imported into India in the first six months of the financial year, while exports rose 12% to reach $52 million, finds latest analysis by Mercom Capital Group.
NEXTracker unveils tracker plus storage solution
The first such product of its type, the NX Fusion Plus comprises a solar tracker, battery and inverter designed to increase energy output and performance duration of solar power plants.
Trump DOE transition team issues vague threat to energy subsidies
A leaked memo on the Trump Administration’s Energy Plan focuses more on expanding fossil fuel infrastructure and stopping federal regulation of carbon, but also says that all energy subsidies should eventually be eliminated.
NLC tendering 500 MW of solar PV in Tamil Nadu
State-owned company Neyveli Lignite Corporation (NLC) has started a tender process for 500 MW of PV in the Indian state of Tamil Nadu, according to Mercom Capital, with hopes that this tender will attract more interest than the recent undersubscribed TANGEDCO solar tender.
Scatec to build 150 MW-DC of solar PV in Brazil
The Norwegian developer and contractor has signed a deal with Kroma Energia for the four plants, which acquired contracts for the plants in last November’s auction.
Oxford PV secures additional GBP 8.1 million in second series C financing round
The British perovskite pioneer attracts yet more funding, this time via three new strategic investors, including Statoil ASA and Legal & General Capital.
All-time high in US storage investment in Q3, finds GTM report
Disclosed venture funding and project finance of energy storage projects in the U.S. in the third quarter reached $660 million, although actual deployments contracted slightly, says GTM Research.
Enphase offloads residential O&M arm to SunSystem Technology
The U.S. microinverter specialist confirms that SunSystem Technology will act as the company’s primary residential O&M service provider after selling its O&M field service division Next Phase Solar.
Solar and off-grid renewables conference cites enormous untapped potential in SE Asian solar
While there are many opportunities for solar in Southeast Asia, each country has its unique market conditions and challenges. pv magazine brings you this report from Solar Media’s Solar and Off-Grid Renewables Southeast Asia conference.
UK: Big brands sign letter urging government to stop solar tax hike
More than 160 NGOs, schools, companies, energy providers and public institutions sign letter addressed to U.K. Chancellor calling on halt to proposed increase in business rates for solar panels.
