IHS revises up outlook for Chinese solar to 40 GW after underestimating demand
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
Indian state-owned utility tenders a further 1.2 GW of solar
The projects, in Maharashtra state, will be commissioned through a reverse auction with technical bidding to close on December 19. The deadline for the submission of financial bids and the date for the reverse auction after the opening of financial bids, will be published in due course.
Extent of India’s new utility-scale solar has almost halved in six months
India added 1.2 GW of large-scale projects in the third quarter of 2018-19, taking new capacity in the first half to 1.9 GW. The numbers are down 43% and 44%, respectively, on the same periods of the previous year, according to Bridge to India’s quarterly India Solar Compass.
Daqo reports revenue, profit decline for Q3
Despite a considerable increase in polysilicon sales, the Chinese manufacturer saw its turnover decline 7.5% year-on-year in the latest quarter.
Bangladesh tenders 100 MW PV project
The solar park is set to be build in Sonagazi, on the southeastern coast of Bangladesh and must be developed under a joint venture with local power utility EGCB.
Taiwan’s URE handed $335 million syndicated loan
The Taiwanese solar manufacturer secured the funds from a consortium of banks formed by First Bank, Taiwan Cooperative Bank, Mega International Commercial Bank and CTBC Bank.
Singapore launches blockchain-based renewable energy marketplace
Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.
Sunseap to build 5 MW floating PV at sea
Project developer Sunseap has announced plans for one of the world’s largest PV systems floating on seawater, to be built in the Johor strait which separates Singapore and Malaysia. The 5 MW system is expected to be completed in the first quarter of 2019.
Longi sets new PERC module efficiency record
Chinese monocrystalline manufacturer Longi Solar Technology has broken its own record for PERC module efficiency, reaching 20.83% in independent testing conducted by TÜV Süd.
Singulus doubles up on CNBM production equipment order
A day after signing a 300 MW production capacity deal with the building materials company, the German company has announced exactly the same order – with the same customer – for a facility elsewhere in China.
