IBC SOLAR, a global leader in photovoltaic (PV) systems and energy storage from Germany, has completed a 27 megawatt (MW) solar plant near Kesinga in the Indian state of Odisha. For IBC SOLAR, this is its largest project to date as well as its first project in Eastern-India.
India is looking at ways to support domestic manufacturers of solar cells and modules as it aggressively increases installed capacity.
Invenergy has signed a power purchase agreement with Georgia Power for electricity generated by the 160 MWac Camilla Solar project which is currently being developed.
The recent decision by the California Energy Commission to mandate solar on all new residential buildings starting from 2020 has had a noticeable impact on GTM Research’s solar forecast for the Golden State, bumping it up by 14% over 4 years, or around 650 megawatts (MW).
India’s largest solar cells and modules manufacturer, Mundra Solar PV, has announced plans to aggressively increase its production capacity over the next few years.
India has received objection from WTO members over another of its decision regarding its solar power policy.
Despite its recent acquisition of embattled solar manufacturer SolarWorld Americas, SunPower this week reported mixed results in its first quarter financial results, succeeding in narrowing its net loss and beating earnings expectations, but could not promise much in the way of strong guidance.
Shanghai-based solar manufacturer JA Solar reported long-delayed Fourth Quarter and Fiscal Year 2017 Results late last month, reporting record shipments of 7,143.1 megawatts (MW) for the full year, an increase of over 55% while revenue increased by over 25%.