Banpu targets 300 MW with new downstream unit
Banpu, Thailand’s biggest coal miner, has jumped into downstream solar project development, with the launch of a new subsidiary that aims to install 300 MW of solar capacity over the next five years.
Chinese module prices rise 10% above forecast, causing problems for India
Growth in the booming Indian solar market, heavily reliant on Chinese modules, could slow as strong Q3 demand for panels in China and the U.S. push up prices and impact Indian firms’ financial modelling.
IHS Markit raises 2017 global installations forecast
Industry analyst IHS Markit has raised its forecast for global installations in 2017 to 90 GW, representing 14% growth on the previous year’s figures. Continuing demand in China after the June 30th FIT cut is cited as the main driver for the increased expectation.
AECEA: China installations to surpass 40 GW in 2017
Based on new data from China’s National Energy Administration (NEA), Asia Europe Clean Energy Associates (AECEA) has raised its forecast for PV installations in China for 2017. AECEA now expects to see 40-45 GW installed in China before the year end.
India imposes antidumping duty on tempered glass from China
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
China installed 24.4 GW of solar in first half of 2017, shows official NEA data
The statistics, published over the weekend, reveal that June alone accounted for more than half of that total figure, increasing 16% against June 2016.
Emerging countries imported $1.8bn of Chinese solar modules in Q1, finds BNEF
More than half of all Chinese solar shipments in March this year went to India, while emerging countries alone now account for 60% of China’s PV exports, according to the latest Bloomberg New Energy Finance 3Q Frontier Power Market Outlook.
Shunfeng issues H1 profit warning
The Chinese clean energy giant is expecting losses over the first half of this year to amount to around $49 million following a difficult 2016 and further squeezing of the firm’s activities in 2017.
Chint to build 300 MW distributed rooftop PV plant for Alibaba
The Chinese low-voltage electrical products provider will install the giant solar array on the rooftop of Alibaba’s new logistic center in China.
India solar dumping case reaction: “Tariffs are a half-baked measure”
Rahul Gupta, founder and MD of Indian solar developer Rays Experts tells pv magazine that the anti-dumping case lodged against Chinese, Taiwanese and Malaysian solar companies could deliver temporary blow to India’s solar momentum, but in the longer-term it might be best for the sector.
