Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?
The stay on the newly-proposed duty imposed by the Odisha High Court will offer relief to developers waiting to collect shipments from port. But companies must agree to pay the tariff at a later date if it is upheld by the judicial system.
With a group purchasing program securing hefty discounts for British households – and attracting thousands of potential customers as a result – solar has a viable business case no matter what further cuts the government throws at the industry.
German EPC company Cronimet has installed a 150 kW solar array to work alongside a 332 kWh battery storage system at a luxury lodge complex in a remote part of the African nation.
According to PV Info Link, the price for monocrystalline cells in China fell below that of the usually cheaper multicrystalline products. However analysts expect it to be a blip, with multi prices expected to fall and mono to be supported by the Top Runner Program, now China’s main source of demand for the rest of 2018.
The Conergy brand has changed hands again with the Australian infrastructure giant acquiring the company’s Asia-focused business from its previous US-based fund management owners. Macquarie may be positioning itself to take advantage of a flood of cheap Chinese-made panels.
The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.
Although the Chinese government has recently scaled back solar energy development, it has created a new, large, alliance to reach more foreign markets. In addition to focusing on the shipment of PV modules, it will also address financing, EPC and O&M services.
In a tender for 50 MW of solar, local PV module manufacturer and project developer, Solar Philippines submitted a bid of P2.34 (US$0.044) per kWh.
The German PV equipment provider has improved sales and results in the first half of the year. The company, however, received more orders from the semiconductor and microelectronics industries. In the next 12 months, centrotherm expects new orders from the Chinese solar industry.
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