Scatec off to a strong start in 2019 with solid financials and pipeline additions
Having put key PV projects into commercial operation, the company is capitalizing on their production. Scatec also has twice its current installed capacity under construction and nearly fourfold that amount – more than 4 GW – in the pipeline as 2018 expectations were surpassed.
Jinko achieves 24.2% efficiency for its n-type monocrystalline cell
The Chinese module maker said the result was certified by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences. The record, Jinko said, is thanks to its high quality n-type wafers, selective doping technology and advanced fine-line printing.
South Korea kicks off polysilicon duty talks with China
South Korean government urged China to lift import measures against its polyisilicon. China imposed duties on polysilicon from South Korea and the United States in July 2013.
Bangladesh moves to register 100,000 rural electric vehicles
With electric three-wheelers operating in the nation’s rural areas, it is hoped registering them will help encourage wider adoption.
Abu Dhabi’s Masdar vies for stake in Indian developer Hero Future
State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.
China ready to set 3 GW quota for residential solar in 2019
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
Price pressure and delivery bottlenecks lead SMA to significant loss in 2018
The German inverter maker struggled after China’s announcement at the end of May drove down prices and markets around the world and left a clear mark on its figures. Both the commercial PV segment and the storage business fell short of expectations due to delivery bottlenecks.
Another disappointing solar auction for Japan as prices stay high
In last month’s exercise, final prices were slightly lower than those seen in previous procurements and the total allocated capacity was 196.6 MW. Through the three tenders held by the Japanese government, around 500 MW of solar was assigned, against a target of 1-1.5 GW. Land availability, grid constraints and high labor costs make projects expensive and force developers to use mountainous regions.
PV Market Alliance expects 120 GW of new solar capacity in 2019
The global market stagnated last year, with around 98 GW deployed. For 2019, the experts expect stronger solar growth, provided there are no setbacks in China.
Electric car sales in India declined by 40% in 2018
EV sales retreated to a mere 1,200 units in the 2018 financial year, but electric two-wheeler sales rose 138%, to 54,800 units, according to research and consultancy group Wood Mackenzie.
