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Russian companies plan vertically-integrated monocrystalline module factory The manufacturing facility is planned to be built in Russia’s Astrakhan region thanks to an investment of 1.5 billion RUB (around US$26.5 million).
Emiliano Bellini
Feb 19, 2018
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The future looks bright for solar energy development in Mexico Mexico is set to become the largest solar PV market in Latin America, with around 2 GW of installs expected annually. Political and regulatory uncertainty do not appear to be affecting investor interest, with more opportunities than challenges present. pv magazine attended GTM Research’s Solar Summit Mexico last week to report on the latest developments in the Mexican market.
Emiliano Bellini
Feb 19, 2018
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The weekend read: Tracker market is adapting to bifacial module technology Solar tracker makers are bringing specially designed models to the market in order to embrace the coming wave of bifacial panels. While bifacial panels may capture up to 10% more light than monofacial panels, single-axis trackers typically add 25% to that bifacial gain, resulting in a roughly estimated 12.5% gain from the two technologies combined, compared with fixed installs using monofacial panels.
Charles W. Thurston
Feb 17, 2018
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India: Topaz Solar plans 1.2 GW solar module, 500 MW cell manufacturing fab As a first phase, Topaz Solar Private Limited has said it will set up a 500 MW solar PV module manufacturing facility in India’s northeastern state of Odisha. Production begin is aimed for 2019. It will seek to increase this capacity by another 700 MW, and add 500 MW of cell manufacturing under a second phase.
Becky Beetz
Feb 16, 2018
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EDF 2017 financials squeezed as utility accelerates transition from nuclear to renewables Despite hitting annual sales targets, revenue slips following fall in nuclear and hydropower prices in French utility’s key markets. New Solar Plan forms backdrop of renewable energy transition, company says.
Ian Clover
Feb 16, 2018
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Chinese companies lead global solar developer rankings State Power Investment Corporation (SPIC) and GCL New Energy have taken the top spots for installed capacity, but Canadian Solar and First Solar are showing impressive pipelines.
Christian Roselund
Feb 15, 2018
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Spain’s Balearic Islands proposes ambitious 100% renewable energy law Blasting the Spanish Government for its lack of renewables action, the Balearic Government has today issued an ambitious Climate Change Law designed to kick start a renewable energy transition on the four islands of Mallorca, Menorca, Ibiza and Formentera. Overall, it aims to cover 100% of energy demand with renewables by 2050. 230 MW of solar PV are alerady in the pipeline.
Becky Beetz
Feb 15, 2018
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SunPower continues to bleed red ink Due largely to write downs, the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
Christian Roselund
Feb 15, 2018
3
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Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
Ian Clover
Feb 15, 2018
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