United States

Wacker’s polysilicon business sees profit and turnover fall

The Munich-based chemical company posted an increase in sales but the fall in polysilicon prices last year and the temporary closure of US production after a hydrogen explosion had a significant impact on the results.

Google to build large solar plants in Tennessee and Alabama

The two biggest each have a capacity of 150 MW, with smaller plants bringing the total up to 413 MW. The projects are a part of the search engine titan’s effort to supply its annual electricity consumption from renewable sources.

Solar investment slid on the back of cheaper modules and China setback

The world again saw more than $300 billion of clean energy investment in 2018, according to BloombergNEF, and although wind narrowed the gap on solar, plunging module prices skewed the figures as PV capacity additions rose 10 GW.

TrendForce forecasts 111 GW of new solar this year

The Taiwanese market research company said the effects of the 5/31 policy shift in China were less severe than expected, and in 2018 the global solar market grew 4.9%, with approximately 103 GW of new additions. This year, the solar demand is forecast to rise another 7.7%.

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American utility PG&E set to file for chapter 11 bankruptcy

The Pacific Gas and Electric Company, founded 114 years ago, is filing for bankruptcy and may be broken up by regulators. None of which is good news for solar project owners holding contracts with the utility.

US will see more than 8 GW of solar come online this year

With 4.3 GW of utility-scale solar and 3.9 of distributed generation predicted, the figures collated from federal sources don’t take account of the huge capacity of solar projects waiting in the interconnection queues of seven grid operators.

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Clustering-based computation used to measure PV module degradation

The method could be an effective tool to measure the performance of solar modules, according to research, due to its ability to speed up the inspection process, preventing further damage and hastening repairs.

Solar money is all flowing downstream – in the West at least

Mercom Capital’s latest report on financial activity in the solar sector illustrates an increasing flow of capital towards downstream companies and PV projects – as well as a split between China and the rest of the world.

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New products contribute to another record year for sustainable finance

BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.

Another NY legal firm files class action against JA Solar

Bronstein, Gewirtz & Grossman LLP claims JA Solar intended to relist on the Shenzhen exchange after merging with its holding company in July, but did not outline that intent when it asked U.S. shareholders to vote on the planned merger.

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