Trina Solar sells 30 MW of UK solar assets to Pensions Infrastructure Platform
British pension investment fund purchases six 5 MW solar farms located in various sites across England, for an undisclosed sum from the Chinese solar power company.
European Commission approves new schemes for French solar
Two new programs supporting both residential and largers scale solar will enable France to develop around 2.6 GW of new projects, pushing the country to reach its EU set target of producing 23% of its energy from renewable sources.
SolarWorld to shut down multi production, shed 400 staff by 2019
The German-headquartered solar power company posts year-on-year revenue and shipment increases of 5% and 19%, vows to strengthen competitiveness in 2017 with focus on monocrystalline high-efficiency products. Jobs will be lost along the way, however.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
UK energy storage: business models that wait for the policies
The Renewable Energy Association’s energy storage conference that took place in London this week affirmed the U.K.’s immense energy storage potential. To unlock this potential, however, the sector is waiting for policymakers to unveil new policies that will make country’s energy much more storage-friendly.
Confirmed: European Commission to propose shorter AD tariff on Chinese solar firms
European Commission VP Frans Timmermans says new 18 month tariff period proposal will be put to the 28 EU Member States later this month. SolarPower Europe says move goes in right direction, but could go further.
Lowest price in Germany’s PV bidding €0.06/kWh
Germany’s Federal Network Agency has awarded 38 bids in the first PV tender under the EEG 2017. The average bid price fell lower than the pilot tenders, reaching €0.0658 per kWh.
M10 Industries Kubus tabber stringer passes Emmvee Solar stress tests
The first two high performance tabber stringers made by the Freiburg based equipment manufacturer have successfully passed a 72 hour site acceptance test at Emmvee Solar’s production facility in Bangalore, India.
Germany’s J. v. G. Thoma finalizes 240 MW solar tooling sale in Turkey
The Bavarian-based solar power specialist has sold two robot layup machines to Turkey for the production of DESERT solar panels. The equipment ordered is capable of developing 240 MW of PV capacity.
Finland to slowly use its solar potential
While it is little known for its solar power potential, PV deployment has increased in the Scandinavian country over the last two years. Community projects, a drop in prices for solar panels and a retail company have been the main drivers of this development.
