solar energy

The Chinese-Canadian module manufacturer saw its quarterly revenue exceed its forecast, while posting a net profit of $43.8 million. Meanwhile, its portfolio of solar projects in development has reached 2.3 GW.

The residential and commercial segments keep driving solar demand in the country. Meanwhile, the government of Sicily has decided to suspend all new permits for big solar parks, in order to verify their potential negative impact on the island’s landscape.

For the German PV-company the solar farm of 27 MW is its first in East-India. For the project IBC solar secured a tender for a PPA with a duration of 25 years.

India has unveiled a national wind-solar hybrid policy that provides a framework for promotion of large grid connected wind-solar PV systems for optimal and efficient utilization of transmission infrastructure and land, reducing the variability in renewable power generation and thus achieving better grid stability.

The plant, which consists of a 300 kW solar installation and a 1 MW storage system, was built by local power utility Cemig in partnership with Grupo Algar. The project is located in Uberlândia, in the state of Minas Gerais, which is the Brazilian region with the highest penetration of solar and renewables – and a grid that is in a urgent need of improvement.

A group of eight Republican senators has sent a letter to the U.S. Trade Representative and other federal agencies calling for utility-scale solar panels to be exempt from the Section 201 tariffs.

The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to the recent introduction of the duties introduced by the Trump administration. Although quarterly revenue grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been lowered by 400 MW to 5.6 GW to 5.8 GW.

The renewable energy developer claims that more opportunities in the UK storage business will be created by the balancing mechanism and growing demand for storage retrofits.

The Swiss PV equipment manufacturer will sell the division to Patrik Hofer-Noser. Both sides agreed to keep the purchase price confidential. Nevertheless, Meyer Burger assumes that the sale will result in a loss in the low single-digit million range.

The “Energy Efficient Scotland Transition Programme: Decarbonisation Fund for Social Housing” is aimed at helping building owners to improve the energy efficiency of homes and buildings in the commercial, public and industrial sectors.