With a capacity of 58 MW, the Caribbean’s largest PV plant has been commissioned in the Dominican Republic. The site was developed, planned and built by German EPC, F&S Solar. It now aims to ramp the project up to 119 MW by next year.

The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.

PV systems set a new German record in May. According to preliminary figures from the IWR, photovoltaics produced just under 6 TWh of solar power during the month.

German PV equipment supplier Singulus Technologies has reported a fall in both sales and profit year on year for the first quarter of 2018. The company, however, points out that its order books are full.

Figures from Germany’s Federal Network Agency (Bundesnetzagentur) show that 117.185 MW of PV projects was added in September. Of this new capacity, around 11.38 MW was ground-mounted projects, and 238.4 kW was part of the country’s tenant electricity (Mieterstrom) scheme.

The latest market analysis from industry body SolarPower Europe predicts that global PV demand will reach the 100-gigawatt mark for the first time in 2017.

Singulus has signed an agreement with two Chinese PV providers to form a joint venture in the field of the heterojunction technology. The joint venture will be based in China.

More than €30 million in anti-dumping and countervailing duties could have been circumvented by a German company importing modules from China, according to the German custom authorities.

The German grid regulator Bundesnetzagentur has also announced new FIT levels for July.

Solarworld claims that the business has been stabilized, and first customers have been supplied again. It was also announced that Chairman of the Supervisory Board, Georg Hansen, will resign in June.