Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
Comtec Solar and Longi agree to asset purchase
Chinese monocrystalline silicon firm Longi has agreed to purchase the assets of Comtec Malaysia, a subsidiary of Comtec Solar Systems Group, for a fee of RMB 200 million (USD 28.74 million), which adds to the company’s expansion across Malaysia after announcing a new manufacturing facility in the country in 2016.
ACC, SUMEC to build 100 MW of rooftop solar in China
The two China-based companies have signed a cooperation agreement to bring 100 MW of solar to rooftops across the Chinese mainland.
China to cut large-scale solar tariff by 19% in 2017
Declining construction costs for solar plants have prompted the government to lower the amount of money it pays to newly completed PV farms.
China dismayed by EU proposals to extend solar trade duties
Chief of Trade Remedy and Investigation Bureau at China’s Ministry of Commerce states that the proposed extension of the duties harms long-term interests in both China and the EU.
100 MW Chinese solar project receives first loan issued by BRICS bank
The New Development Bank, a multilateral development bank established by the BRICS nations, has sanctioned its first loan agreement – $75.6 million financing for a 100 MW Chinese solar farm.
China: NEA adjusts PV goal to at least 105GW by 2020
China’s NEA has officially dropped the target to at least 105 GW by 2020, as well as setting goals for the PV industry and indicating that it will emphasize projects in Eastern China and the region around Beijing.
PPA signed for 14 MW rooftop PV project in Hubei Province, China
Developer ACC describes this as the largest mono rooftop array in Central China; regardless of rankings this is one very large rooftop solar plant.
Trina Solar sets new 22.61% mono PERC efficiency record
The Chinese Tier 1 solar developer announces a new conversion efficiency for its mono-crystalline silicon PERC cell that surpasses its previous world record by a full half-percentage point.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum, which will see it become Fortune’s subsidiary and, thus, a private company.
