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JinkoSolar Q1 net profit soars as global solar demand grows
CEO Kangping Chen says China remains the group’s biggest market but stresses that its market share in the U.S. is expanding. In addition, the company sees “great opportunities in exciting emerging markets such as Chile, Thailand and India.”
The pv magazine weekly news digest
Germany again topped the news this week after government officials proposed a new tax on renewable energy consumers. In the U.S., meanwhile, solar panels are starting to become standard features in new homes, at least in South Florida.
Despite sequential drops Trina posts solid first quarter results
The world’s largest PV manufacturer Trina Solar saw drops in revenue and profits in Q1 compared with the final quarter of 2015, but the Chinese company put this down to “seasonality” and maintains that it was a good start to the year.
SNEC continues to provide a platform for solar innovation and deal making on day two
Day two of the SNEC tradeshow in Shanghai, China, and the exhibition lived up to its billing as the world’s largest solar show, with many new innovative products on show, as well as the continued presence of the Solar Superheros who continued their mission.
SolarCity: Rooftop solar generates net benefit for all Nevada utility customers
Rooftop solar generation can provide up to $14 million in annual benefits for the residents of the U.S. state of Nevada, according to a new study by SolarCity and the Natural Resources Defense Council (NRDC).
Dispute over arbitration location causes stumbling block for PV projects in Egypt
A dispute has emerged between the Egyptian Electricity Transmission Company and international lenders and developers over the arbitration venue for PV projects that are being developed in the country, which could lead to delays or even cancellations of some of the projects.
Nigeria’s solar hopes stall
Nigeria is considered an emerging economy that has the potential to drive a dynamic domestic solar PV market. But the global oil price plunge and a national currency crisis have stalled hopes.
The pv magazine weekly news digest
Renewable energy developments in Germany and Argentina topped the news this week but also making waves was a report that global off-grid solar sales grew 40% in 2015 while India unveiled what is said to be the largest rooftop solar installation in the world.
KfW finances 76 MW of renewable projects for Neoen
KfW IPEX-Bank loans about $117 million to Neoen to build a 30 MW PV plant and 46 MW of wind energy projects in France.
Hanwha Q Cells Q1 results show encouraging Y/Y resurgence in profit, revenue and shipments
Module shipments from the Korean solar PV manufacturer reached 912 MW in the first quarter, exceeding the guidance range, while gross profit topped $109m and gross margin reached 21.2%.
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