TerraForm Global warns of continued losses for 2016
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
China continues dominance of global renewable energy
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and the lithium-ion battery value chain.
Sungrow awarded supply contract for 200 MW of PV inverters in Japan
The Chinese inverter manufacturer will supply its central inverters to Blue Capital Management’s 200 MW solar PV installation in Japan, as it continues to expand its reach outside of the domestic Chinese market.
Shunfeng forecasts $133m loss in 2016
Shunfeng International Clean Energy (SFCE) expects to post a loss of 923 million yuan ($133m) in 2016, as its fortunes sank throughout the final six months of the year.
Solarzoom launches new trading platform for distributed PV in China
Trading platform for solar projects launched to connect potential investors with distributed solar PV assets across China.
China to invest $361bn in renewables by 2020, says NEA
Country’s National Energy Administration confirms in blueprint document plans to spend 2.5 trillion yuan on developing its solar, wind, hydro and nuclear power sectors, Reuters reports.
Huawei and Soventix partner for exclusive supply deal
Chinese technology company Huawei has been expanding its global presence in the solar industry as of late, with this most recent exclusive framework agreement with German solar developer Soventix proof that Huawei’s innovative PV solutions and inverters are continuing to appeal across the board.
GCL invests in 600 MW of cell capacity in Vietnam
The Chinese PV maker has joined its fellow manufacturers in expanding to Southeast Asia though a partnership with a Vietnamese cell maker.
ReneSola to develop 335 MW of solar rooftop systems in China
Fully-integrated solar developer ReneSolar has signed a framework agreement with emerging PV player Beijing Enterprises Clean Energy Group to act as EPC for 335 MW of solar rooftop projects in China, which are due to be completed in just six months.
Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
