It’s settled: GCL-Poly resolves legal dispute with Solaria
Intellectual Property claim filed by U.S. firm Solaria against GCL-Solar in September 2016 has been resolved on mutually agreeable terms, GCL-Poly said. Exact details of the settlement were not disclosed.
Anti-dumping petition has created huge uncertainty for entire Indian solar sector, Bridge to India says
Indian renewable analyst firm notes that anti-dumping comes at inopportune time with the industry already reeling from a slowdown in new project procurement, extra costs due to GST, import duties and increased module prices. It is expected to come by October 2018 and may affect all stakeholders and projects in the pipeline as well as those awaiting auction.
Polysilicon shortage in China drives 35% price spike, Bloomberg reports
Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.
Mexico’s power auction pre-selects 16 bids with average price of $20.57/MWh and 2.56 GW of combined capacity
According to the auction’s preliminary results, solar may account for 55% of contracted power with 3.0 TWh. Final results will be announced on November 22.
Manz reports revenue and profit increase
The PV equipment manufacturer further improved its sales in the third quarter. The company said its CIGS orders are fully on schedule and will be included in the results of the fourth quarter.
Brazil sets ceiling price of $100/MWh for PV in power auction to be held in December
Solar will have the same ceiling price as thermoelectric and biomass power projects, while wind and hydro will have a maximum price of $83/MWh and $85/MWh, respectively.
The Caribbean Netherlands commissions 4.1 MW solar-plus-storage project
The solar facility, which was entirely financed by Netherlands’ Ministry of economic affairs, is located on the island of Sint Eustatius.
Hevel switches on 10 MW solar park in Russia
The solar facility is located in the Republic of Buryatia, where the Russian solar module manufacturer hopes to deploy 150 MW of solar.
Eni plans 20 MW solar power plant in Ghana
The Italian oil and gas provider is also assessing the feasibility of floating PV projects in in the Volta basin.
The clock ticks: ITC turns Section 201 over to President Trump
With the receipt of the final report by the ITC, the Trump Administration now has 60 days to take action on the Section 201 case. The probability of restrictive tariffs is high.
