PVinsights: Solar prices fall on worries about oversupply

Solar price fell this week amid sign of a global oversupply and evidence that producers have now adapted to lower prices. Due to the shrinking demand in China, the 2nd tier Chinese module manufacturers, who heavily depend on the domestic demand and rapidly expand production capacities, have suffered most severely with increasing stockpiles. Due to the entry limitation by trade barriers in EU and the US, the 2nd tier producers enhance fierce price competition in China, India, and emerging countries to get rid of the stockpiles. Although 1st tier Chinese module makers intend to stabilize the price quotes, the attempt is limited in success due to the pressurized prices offered by the 2nd tier suppliers.

Open Energy Closes Loan for 1.2 Megawatt Solar Facility

Project Financing by Open Energy Group Enables Construction of Solar Facility to Power the City of Aztec, New Mexico

Vanguard Industries West Goes Solar with Baker Electric Solar

Baker Electric Solar designed and installed a 168.025 kW solar system for Vanguard Industries West. The system's projected savings is more than $51,000 the first year.

Lloyd's Register awards the first Technology Qualification Certificate for ocean energy to WaveRoller®

Innovative renewable technology gives confidence to a new form of approved ocean energy power generation.

Scottish Green Energy Awards now open

Nominations for The Scottish Green Energy Awards are now open, with entries accepted from Scotland's 21,000-strong renewable energy workforce and beyond.

Ballard Signs $2.5M Technology Solutions Deal For Hydrogen Backup Power Systems in China

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced that it has signed a definitive agreement with Guangdong Nation Synergy Hydrogen Power Technology Co. Ltd. ("Synergy") for a Technology Solutions transaction to enable Synergy to exclusively manufacture and sell Ballard's direct hydrogen FCgen®-H2PM fuel cell backup power systems in China.

APsystems introduces YC500i microinverter with EnergyMax™ designed for high-output PV modules

SEATTLE - APsystems extends its advanced microinverter line with the new YC500i with EnergyMax™ power handling and integrated ground, now available in North America. EnergyMax™ technology allows the dual-module unit to produce 274 watts peak output per side (548W total), an almost 10 percent increase in peak power output over conventional microinverters to harvest the power of today's high-output PV modules.

Global Maritime Provides Marine Warranty Services to US's First Offshore Wind Farm

Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has signed a contract with leading offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm, America's first offshore wind farm.

ABB completes HVDC system upgrade, delivering clean, reliable hydropower from Canada to US

Upgrade of world's first multi-terminal link boosts supply of renewable energy and grid stability for coming decades

Intersolar - Burnham Nationwide has Verified Over 10,000 Solar Systems with BurnhamEYE

Visit Burnham Nationwide at Intersolar North America to Learn More

The First UK Marine Energy Conference - Event Round-up

The UK Marine Energy Conference's first event took place on Tuesday 5th July in Glasgow. The UK Marine Team would like to thank everyone involved.

Intersolar - University of Denver's University College to Exhibit at Intersolar Conference

Environmental Policy and Management Program to be Featured

PVinsights: Solar prices slump on China demand freeze

The increased stockpiles and volatility in the solar panel market as a result of oversupply and geopolitical turmoil respectively, have accelerated the price slump globally. In particular, the slower demand in China has triggered fears over solar price turbulence, not just in China but across the Asia, with potential spillovers for the global market. As sentiment turns extremely pessimistic for the demand outlook for 3Q16, the 2nd tier Chinese module suppliers aggressively lower price quotes near USD 0.42/watt in order to win more solar projects and to digest their increasing production output.

Aclara Participates in White House Summit on 'Scaling Renewable Energy and Storage with Smart Markets;' Announces Commitment to Deploy 500,000 Smart Meters with Distributed Solar by 2025

In conjunction with the Summit, Aclara announced a commitment to deploy, in partnership with utilities and customers with distributed solar, 500,000 smart meters by 2025 to provide data and communications infrastructure to enable the optimal grid integration of solar.

Jiangsu Academy of Macroeconomic Research's non-grid-connected wind power seawater desalination system wins BlueSky Award

The system is a result of the combination of wind power and a sea water desalination system. The choice of power supply mode can be flexible according to the capacity requirements of the seawater component, with options being solely wind power driven, a wind power-battery hybrid, a wind and grid-connected hybrid or a multi energy cooperative mode.

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