EU Commission recommends two-year extension of solar tariffs against China, MIP to be lowered
The proposed extension of trade measures on solar panels and cells imported into the EU from China would represent a severe blow to the sector, says SolarPower Europe. EU ProSun, however, welcomes the recommendation. Minimum Import Price to be reduced in 2017.
Third quarter solar installations fall 10% year-on-year across Europe, data shows
Update from SolarPower Europe reveals that the continent installed 1.56 GW in the months from June to September, a 10% decline on Q3 2015. First nine months of the year saw 5.3 GW installed, a decline of 18%.
UK: 5 MW solar farm to be built at country’s last deep coal mine
Harworth Group confirm it is to construct the 5 MW solar PV plant at land near the former Kellingley Colliery in North Yorkshire, which was the last of the U.K.’s underground coal mines to close last year.
Etrion repurchases €40 million in bonds
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
Canadian Solar secures GBP 49.3m to refinance 50 MW UK solar portfolio
Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.
Meyer Burger follow-on offering 99.9% subscribed
The company has raised EUR 153 million through the offering, which should allow it to repay a bond due 2017.
UK: CNBM inks GBP 2.5bn deal to build thousands of solar homes
Joint venture including China National Building Material Company and British renewable energy specialists WElink will see the creation of six prefab home factories over next five years in deal that will deliver huge boost to the U.K.’s BIPV sector.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
Interview: Younicos discusses latest 49 MW UK storage deal
Following this week’s announcement that Younicos will supply a 49 MW storage system in the U.K., pv magazine caught up with the company’s president and CEO Stephen L. Prince to find out more about the project, and Younicos’ wider objectives.
MEPs urge European Commission to end solar trade duties
A total of 22 Members of European Parliament, including the vice-chair of the Energy Committee of the European Parliament, co-sign a letter addressed to the European Commission calling for the removal of antidumping and anti-subsidy duties against Chinese solar components.
