China

The PV Market Alliance has released its official solar installation figures for 2016, which show a 50% growth from 2015 with a total of 75 GW installed. This was mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.

While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.

A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.

This year’s review of the U.S. trade ruling on Chinese PV cells would otherwise keep duties at similar levels to previous years, but it is expected that few companies will end up paying them.

The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.

he Chinese Tier 1 solar developer announces a new conversion efficiency for its mono-crystalline silicon PERC cell that surpasses its previous world record by a full half-percentage point.

Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum.

New report by the International Energy Agency identifies the integration of masses of variable renewable energy as the chief challenge facing next-generation solar and wind power, citing policy support as key in maximizing potential.