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SolarCity looks likely to resume its programme of deploying residential energy storage systems in California, following a preliminary ruling by the state’s Public Utilities Commission appeared to rule in the company’s favour.
Plans have been agreed at the aleo solar EGM for the company to wind down through a liquidation, with as much as €50 million (US$69.1 million) of support provided by parent company Robert Bosch in order to avoid bankruptcy proceedings.
The company noted that it could not pay accrued interest and fees, which could result in the bank foreclosing. SPI Solar had total company deficit of US$56.1 million at the end of 2013, much of it owed to LDK Solar.
German PV manufacturer and developer, IBC Solar plans to construct 5.5MW in Rajasthan, India.
Tier-one PV manufacturer JinkoSolar has completed and grid connected two large-scale PV power plants totalling 39MW in Jiangsu province, China.
Leading global PV manufacturer, Yingli Green Energy has joined with China-based investment fund, Sailing Capital, to create a renewable energy fund to invest in Yingli Green’s PV projects.
China Sunergy (CSUN) has announced the signing of a framework agreement to supply 15MW of solar modules to Turkish engineering, procurement and construction (EPC) company PV-Systems.
German solar project developer, ib vogt’s UK subsidiary, vogt solar successfully commissioned 80MW of solar projects in the first quarter of 2014.
Tracking manufacturer Array Technologies (ATI) has installed four systems in California customised to withstand high wind speeds.
Additional renewable energy capacity, including onshore wind and photovoltaic power generation projects, will be granted approval under the third round of South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP), the country’s Department of Energy (DoE) has announced.
Renewable energy forecasts by the US Energy Information Administration (EIA) are at best pessimistic and at worst “simply wrong”, according to a new report by sustainable energy research group SUN DAY.
US-based residential PV installer, Vivint Solar has appointed Dwain Kinghorn as chief strategy and innovations officer to support its expansion plans in the US.
Liquidators for LDK Solar, Zolfo Cooper have requested the New York Stock Exchange (NYSE) to change its decision to de-list its American depositary shares (ADS).
The IPCC has said solar has the largest technical feasibility in mitigating harmful climate change from electricity production “by a large magnitude”.
US-based PV installer, PetersenDean and PV module manufacturer, SolarWorld have signed a supply deal inline with the installer’s strategy of only sourcing US produced products.