SolarPower Europe welcomes UK's call for MIP suspension
SolarPower Europe has described the UK governments public stand against the solar Minimum Import Price (MIP) as particularly welcome. The comment comes after Andrea Leadsom, the UKs Minister of State at Department of Energy and Climate Change (DECC) told the House of Commons today that it would be it would be fairer and simpler to remove the MIP while the current expiry review is under way.
Third German solar tender delivers unit price of EUR 0.08/kWh
Value of solar struck in third German tender is nearly half a euro cent below unit price determined in the second tender round; bidders given 24 months to realize their solar parks.
Brazil doubles solar targets for utility-scale and distributed generation
A new plan by the government of Brazil includes 2024 targets for 7 GW of utility-scale solar and 1.32 GW of distributed PV installations, double the goals in the previous plan for 2023.
NREL, CSEM set new efficiency record for dual-junction solar cell
The U.S./Swiss collaboration has yielded a 29.8% efficient PV cell based on gallium indium phosphide and crystalline silicon layers, without concentrated sunlight.
India to install 4.2 GW of rooftop solar under increased budget
The Indian Government has unveiled plans to install 4.2 GW of grid connected solar PV up until 2019-20 under its National Solar Mission. A budget of around US$751 million has been allocated. It is still unclear how its 40 GW 2020 rooftop target will be met, however.
China sets slightly lower solar target for 2016
The National Energy Administration issues statement outlining its clean energy goals for next year, which include the addition of 15 GW of solar PV capacity.
SunEdison to wipe out $336 million in debt, while partnership buys stake in Dominion solar portfolio
The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.
Enel Green Power begins construction of 254 MW Brazil solar plant
Solar installation is located in the state of Bahia in Brazil’s northeast, and will be built at a cost of $400 million, according to Enel Green Power.
Hanergy founder to sell 6% stake, company loses $20bn since May
Li Hejun to sell 2.5 billion shares to unnamed buyer at fraction of previously traded price as analysts calculate Hanergy Thin Film is worth $20 billion less than since trading was suspended.
China issues slight FIT cut for solar in 2016
Reductions on the feed-in tariff for solar projects could be as much as 11%, according to statement issued by the National Development and Reform Commission.
