Longi Solar’s planned PV fab in Andhra Pradesh will manufacture 500 MW of cells and 500 MW of modules. The facility will seek to take advantage of India’s partial exemption from the recent U.S. solar tariffs under Section 201.
The President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
Bernreuter Research forecasts that newly installed solar PV capacity will climb to 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
The second of SunEdison’s two yieldcos is putting all of its ducks in a row as both companies prepare to be bought by the Canadian asset manager.
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.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
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