Philippines’ regulator opposes net metering expansion

The Philippines’ Energy Regulatory Commission (ERC) has said the removal of the 100 kW cap for solar installations under net metering would be difficult for the nation’s grid to accomodate. Meanwhile, a proposal to raise the treshhold is being discussed in the country’s Senate.

JinkoSolar posts significant shipment growth in Q3

The Chinese manufacturer saw its shipments increase 24.4% year-on-year, to around 3 GW of modules in the latest quarter, with overseas shipped products accounting for approximately 80% of sales. The outlook for full fiscal 2018 was maintained almost unchanged, while new positive changes from policy side in China are confirmed.

France’s decision to delay nuclear phaseout by a decade jeopardizes PV plans

The French government has devised three possible scenarios for the planned phasing out of part of its nuclear power generation assets. Even under the most optimistic scenario, the target to reduce the share of nuclear power from around 75% to 50% by 2025, which had been set by the previous government, will only be reached in 2035. The most pessimistic scenario envisages the construction of four new nuclear reactors by 2040.

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Module prices have decreased by up to 25% so far this year, TrendForce says

According to the Gold Member Solar Report by EnergyTrend (Q3 2018), monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China and the global solar market, with more merger deals, plans for capacity reductions and even factory closures.

Canadian Solar unveils new 400+ Watt bifacial poly PERC black silicon module

The Chinese-Canadian module manufacturer says its P4-based BiHiKu panel, for large commercial and utility-scale solar projects, is able to provide up to 30 per cent additional output from the rear side.

Neoen prepares for €450 million IPO

Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW. Impala intends to subscribe to the offering and remain majority shareholder.

Another Facebook data center goes solar

The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.

Macquarie buys 90% stake in 322 MW solar portfolio in northern Mexico

The solar assets were acquired by the company’s unit, Macquarie Infrastructure and Real Assets (MIRA). Spanish developer, Eosol will maintain a 10% share in the projects.

Large-scale solar sees 20% drop in new projects in H1 2018

According to Wiki-Solar, around 16 GW of new solar PV parks were brought online worldwide in the first half of this year. In the same period of 2017, newly installed utility-scale PV capacity totaled around 20 GW.

Hanwha Q Cells reports lower revenue, swings to loss in Q2

At US$518.4 million, the quarterly turnover of the South Korean-German manufacturer was down 10.3% year-on-year, while its net result swung from a profit of $18.7 million in the second quarter of 2017, to a loss of $41.3 million in the latest quarter. Despite this, the outlook for full fiscal 2018 remains unchanged.

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