News

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.

The Uzbek government last week opened a rooftop solar program which provides 30% of the initial costs for buying and installing a PV system, up to around $320 per project. Tax incentives are also available.

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.

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.

Japanese developer Eurus Energy and Australian-headquartered wind developer Windlab have signed a deal with Kenyan authorities to develop an 80MW solar-plus-wind-plus-storage facility in central Kenya.

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.

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.

France has laid the groundwork for a new period of solar growth with the announcement of three new government solar auctions for 2020.

Fifth Third Bancorp and SunEnergy1 have opened the 120MWdc/80MWac Aulander Holloman Solar Facility in Hertford County, North Carolina. The facility, developed by SunEnergy1, is expected to generate clean power that is more than or equal to the total that Fifth Third uses in a year, which is enough to cut out 143,000 metric tons of greenhouse gases and power 25,000 households.

Indian energy giant Adani Green Energy Limited has inked a deal to purchase 205MW of contracted and operational solar assets from Essel Group for an enterprise price of INR1,300 crore (US$182 million).

The pressure building for the US to water down decades-old federal energy policy risks further tilting the scales in utilities’ favour, according to the Solar Energy Industries Association (SEIA).

Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?

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.

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.

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.