The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Overcapacity: How low can module prices go?
20 Sep 2016 at 2:09pm
The FUD (fear, uncertainty and doubt) over the solar industry entering it second major overcapacity cycle is being replaced by a focus on how much overcapacity verses end market demand exists, especially in 2017 and therefore how low will PV module ASP’s go?

EDF Renewable Services takes over O&M responsibilities on 200MW of US PV power plants
29 Sep 2016 at 12:18pm
EDF Renewable Services (EDF RS) is in the process of taking over the operations and maintenance (O&M) responsibilities for 206 solar projects spanning across 13 states from New Jersey to Hawaii that total around 200MW.

Understanding the solar inverter market in India
29 Sep 2016 at 10:36am
Globally, the top 10 inverter suppliers accounted for around 75% of shipments in 2015. In India, the market is even more concentrated as the top 10 suppliers accounted for over 85% of shipments. Despite this, there is intense price competition and churning in supplier landscape. Bridge to India's Jasmeet Khurana investigates.

Meyer Burger streamlining business with 16% workforce reduction
29 Sep 2016 at 10:33am
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lower its operating cost base by CHF 50 million per annum and reduce its workforce by around 16% by the end of 2016.

Canadian Solar nets ARENA funding for 47MW PV projects in Australia
29 Sep 2016 at 1:30am
Solar power company Canadian Solar announced Wednesday that it has received US$3.5 million in funding from the Australian Renewable Energy Agency (ARENA) for two PV projects totaling 47MW in Australia.

SolarCity to finance over US$347 million in PV projects for homeowners, small businesses
29 Sep 2016 at 1:15am
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.

TS Solartech lays-off 100 night shift workers - reports
28 Sep 2016 at 7:08pm
Malaysia-based solar cell producer TS Solartech has made around 100 night shift workers redundant, according to local news reports.

Jete Power acquires China-based CIGS thin film start-up
28 Sep 2016 at 6:06pm
China-based metal casting components firm Jete Power Holdings has acquired a 39% stake in China-based CIGS thin-film start-up Dongtai Energy Technology Company via the shares in the holding company, Novel Sino Group Holdings.

OCI in talks to purchase Tokuyama’s Malaysian polysilicon operations
28 Sep 2016 at 2:04pm
Major Korea-based polysilicon producer OCI Company said it would make a final decision on acquiring Tokuyama’s Malaysian polysilicon operations by the end of March 2017.

The Clean Power Plan goes to court: did Obama overstep the mark?
28 Sep 2016 at 12:47pm
The tenet of president Obama’s climate change initiative, the UN-backed Clean Power Plan, was under fire in the US Court of Appeals yesterday, where a panel of 10 judges deliberated over whether the Environmental Protection Agency (EPA) has overstepped the mark.

JA Solar exits EU minimum import price agreement
28 Sep 2016 at 12:41pm
‘Silicon Module Super League’ (SMSL) member JA Solar said it had withdrawn from the European Union’s Minimum Import Price (MIP) agreement.

Waves, solar and storage world first for Australian island
28 Sep 2016 at 12:34pm
An Australian island will soon host the world’s first renewable energy microgrid that integrates wave energy, solar PV and energy storage technologies.


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NREL report shows U.S. solar PV costs continuing to fall in 2016
29 Sep 2016 at 12:50pm
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.

Meyer Burger launches restructuring programme, will lay-off about 250 employees
29 Sep 2016 at 12:41pm
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.

JA Solar withdraws from EU price undertaking, will serve the European PV market through its manufacturing facilities outside of China
29 Sep 2016 at 8:23am
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.

SolarCity creates funds to finance over USD 347 million in solar PV projects for homeowners and small businesses
29 Sep 2016 at 8:16am
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.

SPI Energy announces USD 100 million in private placement
29 Sep 2016 at 8:10am
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).

Canadian Solar wins ARENA funding for PV projects totaling 47 MW in Australia
28 Sep 2016 at 2:47pm
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.

NRG Energy starts five community solar PV projects in Minnesota totaling 29 MW
28 Sep 2016 at 11:15am
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.

Solaria Corporation sues GCL Solar Energy, Inc. for misappropriation of trade secrets, breach of non-disclosure agreement and unfair competition
28 Sep 2016 at 11:08am
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.

UL acquires AWS Truepower to expand global renewable energy portfolio
28 Sep 2016 at 11:02am
UL (Northbrook, IL, U.S.) on September 27th, 2016 announced the acquisition of AWS Truepower (Albany, NY, U.S.), an energy engineering services and advisory firm. This achievement expands UL's global renewable energy portfolio by strengthening full lifecycle solutions for wind and solar energy sectors, UL notes.

Intersolar India 2016 offers an extensive accompanying program for a growing market
28 Sep 2016 at 10:54am
India has one of the fastest growing solar markets in the world. According to the Mercom Capital Group, a total of 8.1 gigawatts (GW) of photovoltaic (PV) capacity had been installed in the country by August 2016, and 21 additional GW are already in the pipeline. These figures present the ideal backdrop against which to hold Intersolar India. From October 19th–21st, around 230 exhibitors – 15% more than last year – are showcasing their products and services to visitors at India’s largest exhibition and conference for the solar industry.


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