Russia’s largest integrated solar company, Hevel LLC, has placed an order for CHF 22 million (USD22.5 million) of production equipment that covers the entire PV value chain from Meyer Burger.
Indian solar company Azure Power marked the opening of a 28 MW PV plant in Punjab, India, on the same day that it laid the first stone for a 150 MW PV plant in the same state, further consolidating itself as the biggest solar player in Punjab.
Indias central ministries are due to pledge an ambitious 5 GW of rooftop PV to be installed on their rooftops and on vacant lands they own during the National Workshop on Roof Top Solar Power on Tuesday.
Thompson Reuters predicts that solar PV, hydro power, and nuclear fusion will be the three dominant sources of energy over the next three decades, in its report Powering the Planet 2045.
The German PV production equipment supplier Singulus Technologies AG has withdrawn its forecasts for 2016 and 2017 after the EUR110 million deal with China National Building Materials subsidiary was signed later than expected.
Research from IHS Technology forecasts that there will be a new period of oversupply in the solar industry, due to a sharp drop in global demand, which will cause a shakeout in the industry.
Japans parliament passed a key piece of legislation for solar, which revises the countrys feed-in tariff policy for renewable energies, creating a new certification system and a new tendering program for PV projects, after April 2017.
BayWa r.e. announced strategic plans to expand further into South-East Asian markets, after opening offices in the region, and will mark its new endeavor with an appearance at the ASEAN Sustainable Energy Week 2016.
The two German companies both announced the proposed takeover offer, with some key CHORUS shareholders already committed to the merger.
The homebuilding company will introduce the PV solar systems as a standard feature in all of its new homes, making it the first company in South Florida to do so.
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