Solar News

China considers significant solar PV FIT cuts for 2017

2016-09-29 |

China’s National Energy Administration (NEA) is aiming at significantly reducing FIT levels possibly effective 2017. Still “unofficial and only a draft version”, relevant information were disseminated via various Chinese media on September 29th, 2016. The draft stipulates FIT levels for ground-mounted solar PV plants to be reduced from RMB 0.80 to 0.55 (USD 0.12 to 0.08, minus 37%) in region 1 (western provinces); RMB 0.65 instead of RMB 0.88 (USD 0.10 instead of USD 0.13, minus 25%) in region 2 (Beijing, Tianjin and certain districts in Qinghai, Xinjiang and Gansu); and a reduction from RMB 0.98 to 0.75 (USD 0.15 to 0.11, minus 23%) in Region 3 (eastern China). Read more...

 
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The stipulated FIT reduction for distributed solar PV in China came as a surprise

China considers significant solar PV FIT cuts for 2017

2016-09-29

China’s National Energy Administration (NEA) is aiming at significantly reducing FIT levels possibly effective 2017. Still “unofficial and only a draft version”, relevant information were disseminated via various Chinese media on September 29th, 2016. The draft stipulates FIT levels for ground-mounted solar PV plants to be reduced from RMB 0.80 to 0.55 (USD 0.12 to 0.08, minus 37%) in region 1 (western provinces); RMB 0.65 instead of RMB 0.88 (USD 0.10 instead of USD 0.13, minus 25%) in region 2 (Beijing, Tianjin and certain districts in Qinghai, Xinjiang and Gansu); and a reduction from RMB 0.98 to 0.75 (USD 0.15 to 0.11, minus 23%) in Region 3 (eastern China). Read more...

Four standard Compact hybrid solar power/diesel modules are available as plug-and-play building blocks

Danvest Energy introduces compact hybrid system for solar–diesel micro-grids

2016-09-29

Danvest Energy A/S (Tuborg, Denmark) and Pon Power are launching a low-load compact series for solar photovoltaic (PV)/diesel hybrid power plants. According to the producer, this Compact series offers power producers a complete, cost-effective solution that automatically integrates photovoltaic (PV) systems with diesel power. Read more...

NREL U.S. PV system cost benchmarks, from the fourth quarter of 2009 to the first quarter of 2016

NREL report shows U.S. solar PV costs continuing to fall in 2016

2016-09-29

The modeled costs to install solar photovoltaic (PV) systems continued to decline in the first quarter of 2016 in the U.S. residential, commercial, and utility-scale sectors, according to updated benchmarks from the Energy Department's National Renewable Energy Laboratory (NREL). According to NREL, driving the cost reductions were lower PV module and inverter prices, increased competition, lower installer and developer overheads, improved labor productivity, and optimized system configurations. Read more...

As a result of the structural programme, Meyer Burger’s number of employees will be reduced by about 250 positions or 16% by year-end 2016

Meyer Burger launches restructuring programme, will lay-off about 250 employees

2016-09-29

Meyer Burger Technology Ltd (Thun, Switzerland) on September 28th, 2016 announced that it has initiated a company-wide structural programme. The objective of the programme is to extensively strengthen the company’s strategic technology units focussed on high-end photovoltaic user markets and to increase its flexibility in the often challenging high-end key markets, reads the press release. Read more...

JA solar emphasizes that PV selling prices continue to decline, while the MIP has remained unchanged for the past 18 months

JA Solar withdraws from EU price undertaking, will serve the European PV market through its manufacturing facilities outside of China

2016-09-29

JA Solar Holdings Co., Ltd. (Beijing, China) on September 28th, 2016 announced its decision to withdraw from the European Union’s price undertaking for solar photovoltaic (PV) products. The Company will now serve the European market through its manufacturing facilities outside of China. Read more...

Financing makes it possible for many homeowners and small and medium-sized businesses to install solar panels with no upfront cost

SolarCity creates funds to finance over USD 347 million in solar PV projects for homeowners and small businesses

2016-09-29

SolarCity Corp. (San Mateo, CA, U.S.) on September 28th, 2016 announced that it has partnered with Citi bank (Sioux Falls, South Dakota, U.S.) to create two separate funds to finance more than USD 347 million in solar PV projects. The first fund is expected to finance more than USD 284 million in residential solar photovoltaic (PV) projects across the U.S. The second fund is expected to finance approximately USD 63 million in projects for small and medium-sized businesses (SMB) throughout California. Read more...

SPI Energy is a vertically integrated solar PV developer

SPI Energy announces USD 100 million in private placement

2016-09-29

SPI Energy Co., Ltd. (Shanghai, China), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, on September 28th, 2016 announced the entry into of purchase agreements with certain existing shareholders (including certain key management personnel of the Company) and other investors to issue and sell ordinary shares of the Company to the purchasers at a price of USD 0.259 per Share for a total consideration of approximately USD 100 million (Private Placement). Read more...

The PV projects will use MaxPower2 CS6U-320 (1,500V) modules

Canadian Solar wins ARENA funding for PV projects totaling 47 MW in Australia

2016-09-28

Canadian Solar Inc. (Guelph, Ontario) on September 28th, 2016 announced that it has been awarded USD 3.5 million funding from Australian Renewable Energy Agency (ARENA) for two of its solar photovoltaic (PV) projects, totaling 47 MWp in Australia. Read more...

NRG has broken ground on its first community solar sites in Minnesota. Pictured here: one of the company's existing sites in Freetown, Massachusetts

NRG Energy starts five community solar PV projects in Minnesota totaling 29 MW

2016-09-28

NRG Energy Inc. (Princeton, New Jersey, U.S.) on September 27th, 2016 announced that its renewables business has broken ground on its first five community solar photovoltaic (PV) projects in Minnesota and reached agreements to subscribe several national business customers to its solar farms in the state. Read more...

Solaria has spent over a decade and made significant investments in developing its core technology in solar cell cutting, stringing and panel making backed by over 100 patents, the company emphasizes

Solaria Corporation sues GCL Solar Energy, Inc. for misappropriation of trade secrets, breach of non-disclosure agreement and unfair competition

2016-09-28

Solaria Corporation (Fremont, California, U.S.), a manufacturer of advanced solar photovoltaic (PV) modules, filed suit against GCL Solar Energy, Inc., a subsidiary of GCL-Poly Energy Holdings Limited (Hong Kong, China), on September 9th, 2016 in the Superior Court of the State Court of California, for violating the terms of the parties’ 2014 nondisclosure agreement, committing acts of unfair competition by misappropriating Solaria’s confidential trade secret information and using the information to make solar panels based on Solaria’s proprietary technology. Read more...

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