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Week in Review: India's 25% duty on Chinese solar products; Chinese EPCs dominate rankings


14 Sept. 2018 by Tom van der Linden, Solarplaza

What dominated the solar headlines this week? IHS published its rankings of global EPCs for the year 2017; India announced a 25% duty on Chinese & Malaysian solar products; and Q2 installation figures for the US were released.


These were the most important solar industry related news headlines and stories that broke this week.


Top EPCs

Chinese firms dominate rankings of global solar EPCs

IHS Markit published their overview of the highest ranking (in terms of volume) solar EPCs of 2017. With 6 firms in the top 10, China dominates the list, whilst just 1 European EPC made the top 10. As China accounted for more than half of the global PV additions in 2017, this wasn't completely unexpected. TBEA SunOasis Co claimed gold, and Sungrow, Power China, Beijing Enterprises Clean Energy Group, EDRI 11th Institute and Xinyi Solar all took top positions. Spanish company Prodiel managed to claim fifth.


India

India to impose 25% safeguard duty on Chinese/Malaysian solar products

India's finance ministry announced it will proceed to impose a 25% safeguard duty on solar cells and modules imported from China and Malaysia.


US Installations

US installs 2.3 GW of solar in Q2 2018

According to the latest report from Wood Mackenzie Power & Renewables and SEIA, the US installed 2.3 GW of new solar PV capacity in the second quarter of 2018, which constituted a 9% year-over-year and 8% quarter-over-quarter decrease. However, considering its first quarter, it still meant that the US added a record 8.5 GW over the total first half of the year. The research firm forecasts flat growth in 2018 vs. 2017, with another 10.9 GW of installations expected.


Japan

197 MW auctioned off in second Japanese solar PV tender

During the second of three planned auctions, the Japanese government awarded contracts to 9 companies for a total of 196.96 MW of solar PV capacity. The lowest bid came in at JPY 16.47 ($0.147 USD) / kWh.


EBRD & Renewables

EBRD announces $102m support for 327 MW of Turkish renewables

The European Bank for Reconstruction and Development (EBRD) announced it will provide a financing package of up to $102 million USD to Akfen Holding for the realization of a Turkish renewables portfolio of 327 MW, including 85 MW of solar PV capacity.


Pledges & Promises

Sony joins RE100 and announces solar powered factories

Iconic electronics manufacturer Sony announced it joined the RE100 initiative, pledging to reach 100% renewable energy usage by 2040. Sony said it already operates half of its European businesses through renewables and will now expand these efforts globally, planning to use solar power at all its factories in Thailand, Japan and elsewhere.


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