A report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the United States.
Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.
The high-efficiency solar manufacturer is still bleeding red ink, as it begins shipping its lower-cost P-Series modules and continues its restructuring.
Details are sparse, but layoffs have already begun and a Chief Restructuring Officer is being appointed.
Yesterday Suniva filed for “relief” under a little-known legal provision that would allow the president to take action normally not permitted to protect a domestic industry from imports. pv magazine sought Jigar Shah’s perspective on this case and possible outcomes, and it frankly doesn’t look good.
Today Suniva filed for relief under a little-known act that could exempt the United States from global trade agreements and allow President Trump to take trade action against solar imports from multiple nations. Suniva is asking for a minimum import price of $0.78 per watt for modules and $0.40 for cells.
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
Figures published today by both IHS Markit and GTM research forecast annual growth in the global solar market in 2017, albeit at a slower rate than was seen in 2016. The analysts predict continued demand from the four largest markets, particularly China and India, as the key drivers behind this growth.
Latest data from market analysts IHS Markit reveals a utility-scale global battery storage pipeline of 3.4 GW, but the U.S. market is expected to slow as completions outpace new announcements.
The German/American PV maker has quarantined more than 60,000 PV modules in its inventory as well as recalling tens of thousands more, with a promise to replace the connectors.
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