China: 2018 installations could drop by more than a third
On Friday, three Chinese government ministries issued a joint “2018 Solar PV Power Generation Notice.” Its impact has been hotly debated since, with two key conclusions: the largest market segment – utility-scale PV – will take a pounding and not come close to last year’s record installation figure of just under 34 GW; and the expanding distributed generation market segment, which rose 360% from 2016 to 2017, will also be severely impacted by a 10 GW cap on new projects.
IHS Markit at SNEC: Grid parity within reach in China
At their 2018 PV Market Workshop, across the street from the massive SNEC solar exhibition in Shanghai, IHS Markit offered interesting insights into the further development of China’s PV and energy storage markets, as well as the global PV market as a whole.
Hareon faces huge losses, possible delisting from stock market
The Chinese solar PV manufacturer gives warning of operational losses amounting up to $444 million in 2017. Ongoing financial losses could result in a delisting from the Shanghai Stock Exchange.
Hareon posts $76.07 million net loss in H1
Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.
100 MW Chinese solar project receives first loan issued by BRICS bank
The New Development Bank, a multilateral development bank established by the BRICS nations, has sanctioned its first loan agreement – $75.6 million financing for a 100 MW Chinese solar farm.
