Solar Markets & Finance News
Singyes Solar shares suspended as it misses first-half results deadline
The embattled solar manufacturer – which is facing a winding-up petition lodged by Deutsche Bank Hong Kong – says it failed to publish the six-month update by the weekend because of a delay in producing its annual results for last year.
Sep 3, 2019 // Manufacturing News, Markets & Finance News, Singyes Solar, China, Asia, Water Development (HK) Holding Co Ltd.
LONGi posts record quarterly revenue as mono wafer shipments increase 183%
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has reported second quarter 2019 revenue of approximately US$1.17 billion, a new quarterly record, due to monocrystalline wafer shipments increasing by 183% in the first half of 2019, compared to the prior year period.
Sep 3, 2019 // Manufacturing News, Markets & Finance News, China, pv modules, c-si manufacturing, Asia, monocrystalline wafer, LONGi, PERC
USF completes acquisition, financing of 128MW PV project in Utah
The US Solar Fund (USF) has closed on both the acquisition and financing of 100% of the cash equity interests in the 128MW Milford Solar Project, located in Beaver County, Utah.
Sep 3, 2019 // Markets & Finance News, USA, First Solar, Utah, North America, usf, longroad energy, Gillian Nott, Liam Thomas
JinkoSolar’s order book for 2020 is rapidly filling up
The SMSL reported second-quarter PV module shipments of 3,386MW, an increase of 11.5% from 3,037MW in the first quarter of 2019 and an increase of 21.2% from 2,794MW in the second quarter of 2018.
Sep 2, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, China, JinkoSolar, Asia, PV module, monocrystalline wafer, Kangping Chen
Brazil ROUND-UP: Next month’s auction, LONGi’s DG move, Canadian Solar’s duo
Solar winners of the first Brazilian A-6 auction ever to admit PV bids will be offered 20-year supply deals with the government, newly-released official documents show.
Sep 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Canadian Solar, Enel, tender, jair bolsonaro, auction, LONGi, mori energia, minas gerais, Joining Actis, Romeu Zema
Greek-German governments agree on 10-year green investment plan
Greece’s prime minister visited the German chancellor yesterday in Berlin and reached an agreement to set up an investment strategy that encompasses renewable energy.
Sep 1, 2019 // Markets & Finance News, Greece, Germany, Europe, Angela Merkel, Kyriakos Mitsotakis, George Stassis, Akuo Energy, juwi
Afghanistan issues 40 MW solar tender
The nation’s Ministry of Energy and Water is seeking developers for a plant on an industrial park at the center of a previous 40 MW procurement exercise.
Sep 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, South-Central Asia, Ministry of Energy and Water, Mercom India
JinkoSolar unveils another impressive set of quarterly figures
The Shanghai-based solar manufacturer has maintained gross margin in a depressed domestic market by shipping ever more modules around the world and is pressing ahead with dramatic production plans on the eve of a looming solar boom.
Sep 1, 2019 // Markets & Finance News, China, pv modules, JinkoSolar, Asia, Solargiga, Comtec, Kangping Chen
Octopus adds 300,000 customers and launches community energy JV
Another large scale transaction by the electricity and gas supplier has enhanced its standing in the U.K. energy market, with the business now counting more than one million customers.
Sep 1, 2019 // Markets & Finance News, UK, Europe, London, Octopus Energy, Midcounties Co-operative, Co-op Energy, Phil Ponsonby
Balancing solar with agriculture in the US Midwest
Today we have heard of farmers in Australia unhappy at the approval given for three solar projects on agricultural land and also learned the benefits PV can bring for fish and shrimp farmers. In this op-ed for pv magazine USA, Stoel Rives LLP attorneys Sara Bergan and Thomas Braun discuss the balancing act to be made between solar and agriculture in the emerging Midwestern PV market.
Aug 29, 2019 // Markets & Finance News, Policy, USA, Australia, Oceania, North Dakota, North America, Sara Bergan, Thomas Braun, Stoel Rives LLP
Trump ratchets up tariffs on Chinese products – including batteries
While the damage is largely done for cells, modules and inverters, increased tariffs on U.S. module components and 15% measures on lithium-ion batteries are not good news for either sector.
Aug 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, Tariffs, USA, Lithium-ion batteries, TESLA, Sungrow, Trump, Inverters, Huawei, North America, tariffs, PV cells, modules, Enphase, Flex, USTR, Kelly Speakes-Backman
BBOXX closes US$50 million funding round led by Mitsubishi
BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.
Aug 29, 2019 // Markets & Finance News, Germany, Europe, Africa, bboxx, mitsubishi, Mansoor Hamayun, PowerGen Renewable Energy, Rafiki Power, E.on SE
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
Solar hails victory as Victoria u-turns to ramp up rebate support
Victoria’s state government has yielded to industry pressure and increased the frequency and number of rebates available in its rooftop solar subsidy programme.
Aug 29, 2019 // Residential, Markets & Finance News, Policy, Rooftop PV, Victoria, Australia, rooftop, John Grimes, Oceania, subsidies, smart energy council
Industry: Seizing LatAm solar potential requires busting myths
Fully tapping into Latin America’s bullish solar market will require challenging preconceptions around a region that is more stable than is sometimes assumed, local operators have told PV Tech.
Aug 29, 2019 // Markets & Finance News, Policy, Amazon, South america, Latin america, Brazil, jair bolsonaro, Mexico, North America, Absolar, latam, bolsonaro, Rodrigo Sauaia, AMLO
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