Indian utility National Thermal Power Corporation (NTPC) has announced the allocation of a further 500MW of solar PV capacity in Andhra Pradesh and 420MW in Rajasthan.
Taiwan-based BIG SUN Energy Technology says it is making meaningful inroads into the competitive PV tracker systems market despite its focus on dual-axis trackers rather than the dominant single-axis systems.
Italy-based renewable energy developer Enel Green Power (EGP) has begun construction of the 82.5MW Pulida solar power plant in Free State Province, South Africa.
French concentrator PV (CPV) specialist Soitec has revealed plans to sell its solar business to ConcenSolar, a company linked with Soitec’s CPV rival Suncore.
Chinese manufacturer BYD Company is to build a 400MW PV module assembly plant in Brazil at a cost of around US$50 million, adding to its planned electric bus manufacturing facility in the state of São Paulo.
JA Solar will establish a 500MW cell and module plant in India, it has been confirmed.
Tier-one Chinese module manufacturer ZN Shine has removed its managing director in Europe after he allegedly used company money to fund a lavish lifestyle.
Australia’s reduced Renewable Energy Target (RET) of 33,000GWh could scale back large-scale solar potential in the country by 80%, according to a leading industry figure.
Demand for solar in China could help secure Yingli Solar’s financial future, according to a research note by IHS.
Taiwanese cell and module producer Neo Solar Power (NSP) has become the latest solar firm to reveal plans for a yieldco vehicle to support a move into downstream PV project activity.
Creara (Madrid, Spain) has published the 2nd issue of the PV Grid Parity Monitor, dedicated to the commercial segment (30 kW PV systems). As such, it analyzes PV competitiveness with electricity prices for commercial consumers and assesses local regulation for solar power self-consumption in seven different countries: Brazil, Chile, France, Germany, Italy, Mexico, and Spain.
The results of the analysis show that the main driver of PV grid parity is the decrease in solar PV system prices, one of the main parameters that determine levelized cost of electricity (LCOE).
Independent market research company Ipsos (Paris, France) has produced best practice community consultation guidelines for proposed large scale solar projects in Australia. Australian Renewable Energy Agency (ARENA) CEO Ivor Frischknecht said the reports would be an invaluable resource for establishing and maintaining community support to operate solar projects in Australia.
“The results show Australians strongly support renewable energy and demonstrate the importance of involving and consulting locals,” Frischknecht emphasizes.
NV Energy (Las Vegas, Nevada, US) and The Alliance for Solar Choice (TASC, Boston, MA) on May 25th, 2015 announced joint support for the amendment to legislation SB 374, that would define the existing 3% net metering cap to be 235 megawatts.
This 235 MW will be the maximum amount of net metering permitted under the current net metering rules until December 31st, 2015.
JA Solar Holdings Co., Ltd. (Shanghai, China) on May 25th, 2015 announced that it has signed a Memorandum of Understanding (MOU) with its Indian business partner, Essel Infraprojects Limited (EIL), to establish a solar photovoltaic (PV) cell and module manufacturing facility joint venture.
The MOU declares a 500 MW production capacity for the JV and outlines the duties of each party.
BYD Company Limited (Shenzhen, China) and APEX-Brasil on May 21st, 2015 jointly announced that BYD is building its second South American manufacturing facility to produce solar photovoltaic (PV) panels. This factory comes to add to BYD’s electric bus manufacturing facility to be opened in July 2015, both in the state of São Paulo.
The solar factory will have an annual output capacity of 400 MW and is slated to open in the first half of 2016, creating another 200 job opportunities for Brazilian citizens, as well as representing a great technological advancement for Brazil, by creating a new front for renewable energy production, the partners announced.
Neo Solar Power Corporation (NSP, Hsinchu, Taiwan), a producer of solar photovoltaic (PV) cells, announces plans of a YieldCo formation and an IPO on the Hong Kong Stock Exchange.
On May 21st, 2015 the company reported that its Board of Directors approved to increase NSP’s solar PV system business and participate in the formation of a YieldCo. This YieldCo is planned to be publicly listed on the Hong Kong Stock Exchange at the end of 2015 or the first quarter of 2016.
Hanwha Q CELLS Co. Ltd. (Seoul, South Korea) has signed an agreement to supply 28 megawatts of PV modules to O2 emc (Cornelius, North Carolina, US), an Independent Power Producer which has developed more than 80 MW of solar photovoltaic (PV) plants in the Southeastern part of the US.
Enphase Energy Inc. (Petaluma, CA, U.S.), a manufacturer of solar photovoltaic (PV) micro-inverters and system solutions on May 21st, 2015 announced a strategic partnership agreement with Swiss Solar Technics SA, a full-service solar PV installer based in Saxon, Switzerland, to deliver its Enphase solar energy systems to Swiss residential and commercial customers.
Southern Company subsidiary Southern Power (Atlanta, GA, U.S.) is demonstrating its commitment to developing more renewable energy resources through the acquisition of the 103 MW Butler solar photovoltaic (PV) facility from Community Energy, Inc., in Georgia.
The project, which was initially developed by Community Energy, Inc., was selected by Southern Company subsidiary Georgia Power in a competitive process through the nationally recognized Georgia Power Advanced Solar Initiative.
According to latest findings from IHS Technology’s Q1 report on the global solar PV inverter market, PV inverter shipments grew 37.5% in Q1, 2015 versus the same quarter of 2014 and exceeded 11 GW. This is the largest Q1 on record and the fourth largest quarter the industry has recorded, IHS notes.
Market leader, SMA Solar Technology, enjoyed an outstanding quarter and saw a slight rebound in its market share. Despite not having a major presence in the major Asian markets, its strength in other regions such as the UK saw its global market share increase to 15.7% in Q1, 2015.