Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.
Researchers from ICL claim to have discovered the cause for the rapid decrease in performance of perovskites. Adding iodide ions may help improve the stability of solar cells.
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. Meawhile, the company’s German units also filed for insolvency.
Around 525 MW of installed PV was connected to the grid in the Netherlands in 2016, according to provisional numbers provided by the Dutch Central Bureau of Statistics (CBS).
Greece’s environment and energy minister has approved the country’s virtual net metering provisions. This is a policy step towards the right direction, however it is not expected to have a significant effect on Greece’s PV installations any time soon.
ACER and CEER have asked the European Commission to take a more market-oriented approach for the Clean Energy Package 2020-2030. The two organizations called on Brussels to remove priority dispatch for existing renewables and to avoid net metering.
With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.
German PV equipment providers were able to increase their sales by 20% in the past year. Demand for solar production equipment, however, is slowing.
The German project developer reported a loss in Q1 2017, despite a considerable rise in revenue.
The U.S. supplier of automation systems for the PV industry also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
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