Neoen prepares for €450 million IPO
Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW. Impala intends to subscribe to the offering and remain majority shareholder.
United States: Solar installation costs declined 5 to 11% in 2017, little so far in 2018
This year’s version of Berkeley Lab’s Tracking the Sun report saw residential installs fall 6% to $3.50 / W, small business fall 11% to $2.90 / W and large business fell 5% to $2.20 /W in 2017, with light changes in early 2018. However, these averages cover wide price variances in different markets.
Recom to increase production capacity by 1 GW
The German module manufacturer is planning a further expansion of capacity in Europe. In France and Armenia, new production lines for solar cells and modules are planned to start this year.
GCL-Poly: ‘wafer and poly prices have already started recovery’
The world’s number one poly maker claims the worst of the fall-out after Beijing’s policy change has already occurred, and will press ahead with plans to expand production capacity – but its development business may need to find new sources of funding.
Solar driving Singyes – but EPC is dependent on China market
Cheaper modules for its PV development activity boosted profits in the first half but, with no mention made of Beijing’s May 31 bombshell, it is notable 98.1% of revenue came from its domestic market.
Quality Roundtable at Intersolar SA: Solar project risks in LatAm markets
At pv magazine‘s first quality roundtable in Latin America – at Intersolar South America in Sao Paulo – we were joined by international players such as JinkoSolar and DuPont, as well as public and private Latin American entities striving to bring more quality to the PV supply chain from the US-Mexico border to Tierra del Fuego.
ADB supports rooftop solar in Sri Lanka with $50 million
The funds will be used to finance the Battle for Solar Power Programme, a loan scheme for households and businesses willing to install rooftop PV under net metering or net accounting mechanisms.
Poland: Solar sees bidding prices slightly increase in simulated RE tenders
A simulation of Poland’s two upcoming mixed wind/solar auctions held by the Polish wind energy association has shown that wind may prove more competitive than solar, especially in the auction for projects over 1 MW. The real auctions are expected to be launched between November and December.
Another Facebook data center goes solar
The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.
Hard times for Taiwan’s PV manufacturers
Taiwanese solar cell manufacturer, Motech has announced plans to reduce its workforce by 300 and further adjust production capacity, while Sino-American Silicon’s CEO has revealed the company may exit the wafer business.
