Mark Hutchins
REC Silicon sees 38% sales increase in Q3
Leading polysilicon producer REC Silicon posted revenue of $75.5 million in the third quarter – 23% above the previous quarter. REC saw a 38.2% increase in sales volume, despite polysilicon production for the quarter coming in slightly below guidance.
Enerray to develop 30 MW project in Cameroon
Italian solar company Enerray, through its local partnership EB Solaire, has announced plans to develop a 30 MW PV project at a site in Northern Cameroon.
UK: Industry bodies respond to Cost of Energy review
An independent review into the cost of energy across the UK supply was published earlier this week. The review has seen a mixed response from the renewables segment, and has been criticized by industry bodies for failing to recognize the opportunities presented by a decentralized energy system focused on renewables.
400 MW PV project in Egypt reaches financial close
Norwegian project developer Scatec Solar has announced financial close on six projects totaling 400 MW, to be built as part of the enormous 1.8 GW Benban Solar Park located in upper Egypt.
Wacker Chemie raises 2017 expectations to €1 billion EBITDA
German chemical supplier has raised its financial outlook for the year for the second time in three months, on the back of a strong third quarter. The company is now forecasting a full year EBITDA (earnings before interest, tax, depreciation and amortization) of €1 billion.
Foresight Solar Fund to issue new share placement
UK based PV project investor the Foresight Solar Fund has announced plans more than GBP 75 million ($99 million) in investments through the placement of new shares.
Microlink Devices signs deal with NREL to produce lightweight HJT cells
U.S. based semiconductor manufacturer Microlink Devices has signed an exclusive deal with the U.S. National Renewable Energy Laboratory (NREL) to commercialize a type of lightweight heterojunction solar cell architecture, which could be utilized in powering satellites and aircraft.
Korean scientists increase stability for perovskite cell
A joint group of researchers from South Korea’s Ulsan National Institute of Science and Technology (UNIST) and the Korean Institute of Energy Research has developed a method for increasing the stability of perovskite solar cells using low cost fluorine.
RES closes financing on 68 MW PV plant in Queensland
RES Australia has announced financial close on the Emerald Solar Park, a 68 MW PV project to be located in the Central Highlands region of Queensland. The project is the first in Australia to be supported by a PPA with a corporate off-taker.
Queensland to offer no-interest loans for solar systems
As part of the $2 billion affordable energy plan, the Queensland Government has announced it will invest $40 million in schemes to improve access to both solar energy and storage systems.
