Another billion-dollar quarter for JinkoSolar
Despite the challenges to both the manufacturing and shipment of its products during the period, JinkoSolar today reported that it shipped 3.4 GW of modules in the first quarter of 2020, bringing its revenue for the quarter just over the billion dollar mark.
NT to reform its electricity market for transition to solar
The Northern Territory Government has announced a Reform Program, an itinerary of electricity market changes to take place in the near future in order to better integrate renewable energies, particularly solar.
Caltex and Evie Networks partnership is on the charge
The first of six Evie Networks ultra-fast EV charging stations at Caltex/Ampol retail outlets in Victoria and New South Wales is up and charging. The Avernel site is strategically positioned between Melbourne and the VIC-NSW border town of Wodonga.
Analyst expects ‘unprecedented’ consolidation of Chinese solar industry
Private PV manufacturers and project developers alike are set to be squeezed out by the state in the world’s biggest solar market, according to Frank Haugwitz, who has compiled a wide-ranging report as preparations for the next five-year plan gather pace.
Meet the Sydney startup forecasting our renewable energy future
pv magazine Australia sits down with Fulcrum 3D, the provider of the most accurate ground-based forecasting technologies for the solar and wind sectors. It’s amazing what a difference a bit of knowledge ahead of time can make.
AEMC approves landmark wholesale demand response to improve reliability and reduce prices
Large energy consumers will be allowed into the wholesale market and paid for reducing their power usage at times of peak demand under a new rule that will be introduced next year.
Seraphim signs module supply agreement in Australia
Chinese solar manufacturer Seraphim has strengthened its local distribution network in Australia on the back of a 50 MW high-efficiency solar modules supply deal with Raystech Group.
Australia becomes first market outside Europe to receive Ikea’s full home solar offer
Ikea has launched its turnkey home solar offer in Australia, making it the first market outside Europe that can purchase a home solar kit from its website. Ikea has partnered with Solargain to try and bring solar to as many Australian rooftops as possible.
Update on acquisitions of ASX-listed renewables developers
In its formal bidder’s statement, Philipines UAC Energy has urged Infigen shareholders to accept its takeover bid of $0.80 a share, while Infigen remained adamant no action should be taken in relation to the “opportunistic” offer. Previously, the acquisition of another prominent renewables developer, Windlab, was greenlit in a landslide shareholder vote.
Predatory ‘buy now pay later’ solar sales practices taken to Competition Tribunal
The Australian Competition Tribunal is currently hearing arguments on a proposed code that would apply to the ‘buy now pay later’ sales practices of solar panel and installations. It is being argued that the practices are a form of predatory lending.
