- Industry Roundup
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- PV Modules
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Independent power producer Sky Solar Holdings has announced that its subsidiary Sky Solar Japan has signed off on definitive financial agreements with its existing tokumei kumiai (TK) partner to increase the TK’s capital contribution to the partnership in regards to 67 solar projects with a total capacity of 107.9MW in Japan.
The Colorado Energy Office is set to dole out a grant of US$1.2 million to GRID Alternatives, the US’ largest non-profit solar installer, to develop a solar demonstration installation for low-income communities in Colorado.
Singapore-based tier-one PV manufacturer REC Solar is teaming with a new business arm of infrastructure investment firm, Orascom Telecom Media and Technology Holding (OTMT), to provide PV systems to residential, commercial and utility-scale projects in Egypt.
Major monocrystalline wafer producer Longi Silicon Materials has reported a first-half 2015 operating income of around US$264.2 million, 15.3% higher than the prior-year period.
Chinese manufacturer Yingli’s European subsidiary has formed a joint venture with renewables developer Namene to focus on PV project opportunities in West Africa.
China-based integrated PV manufacturer Hareon Solar has reported a steep decline in PV module shipments in the first half of 2015.
The US subsidiary of Germany-based renewable energy firm Juwi has signed a 25-year power purchase agreement (PPA) with the not-for-profit wholesale power supplier Tri-State Generation and Transmission Association for a 30MW PV project to be built in southern Colorado.
A further dramatic drop in the costs of PV will make it competitive with wholesale power prices by 2030 in the EU, a study has claimed.
Non-compliance with EU directives for PV waste materials could undermine customer confidence in the sector, a statement by leading solar companies and a waste management organisation has warned.
Major downstream renewables firm, SunEdison, is to build a PV module assembly plant in Brazil, Reuters has reported.
In the wake of reports that the World Trade Organisation (WTO) has ruled in favour of the US over its complaint about India’s local content policies for solar equipment, an American Trade representative has said that the US supports the rapid deployment of solar energy in India.
Canadian Solar has given its project pipeline a shot in the arm with the award of 185MW of capacity in Brazil.
Two regions have dominated the energy storage market in the US for more than two years, but falling costs and better market design could see deployments spread across the country in future, an analyst with GTM Research has said.
US pressure group the Alliance for Solar Choice (TASC) is mounting a nationwide campaign to persuade Congress to maintain the investment tax credit beyond its planned sunset at the end of 2016.
Energy provider Southern Power, a subsidiary of Southern Company, has acquired a controlling interest in the 300MW Desert Stateline Facility from PV system provider First Solar.
Major PV manufacturer JinkoSolar’s US subsidiary has teamed with Ygrene Energy Fund to support the financing of residential and commercial PV systems in the US.
Community solar in the US could be eligible for the federal investment tax credit (ITC), according to an advocacy group which has sought a private ruling from the Internal Revenue Service (IRS).
SolarCity, the largest US PV installer, has secured a new US$400 million round of funding bringing its total funds raised to over US$9 billion.
Major photovoltaics energy provider (PVEP) Shunfeng International Clean Energy reported a 19.5% increase in revenue for the first half of 2015 against a backdrop of profits falling 65.8%, compared to the prior year period.
Module installation at the 70MW Moree Solar Farm in Australia is in full swing, according to the supplier, JA Solar.
Hanwha Q CELLS has refinanced two solar farms in the UK totalling just over 45MW of capacity, signing a power purchase agreement (PPA) with EDF Energy for the electricity produced.
Global downstream PV player Conergy has emerged as another winner in Brazil’s latest national renewable energy auction, securing 60MW of capacity.
Clean energy company NextEra Energy — along with Hawaiian Electric Company, Hawaii Electric Light Company and Maui Electric Company Limited — announced new details for NextEra’s merger with the three companies, which includes a collection of 85 commitments that will help spur Hawaii’s drive towards a 100% renewable energy future by 2045.
Solar power company Canadian Solar announced that its subsidiary — solar project developer Recurrent Energy —has signed off on an agreement with Southern Power in which Southern will take hold of a controlling interest in the 200MW Tranquillity Solar Power Project in California.
Major tier-1 PV manufacturer JA Solar and India’s Essel Infraprojects are planning to build a solar cell production plant ahead of a PV module assembly plant, according to Bloomberg.