- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
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.
Roth & Rau, technology and product subsidiary of PV equipment specialist Meyer Burger, is to be renamed to bring it further into the fold of the parent company.
Italian-based developer Enel Green Power (EGP) was the big winner in the latest solar-dedicated auction in Brazil while average prices per MWh fell below US$85.
Monocrystalline wafer producer Comtec Solar Systems Group has reported first half year financial results that included a shift to the production of larger wafers to meet demand from US-based customer Mission Solar.
The first reported quarterly figures for PV module shipments in Japan in the country’s current financial year show a drop below the 2GW mark for the first time since JFY2013.
Global project developer Sky Solar has reported a 54.2% increase in its Q2 revenue as a number of projects began contributing to the company’s cash flow.
PV and sapphire materials equipment specialist GT Advanced Technologies (GTAT) said it would undertake a major reduction in its global workforce as it reduces expenses inline with a revised business plan ahead of expectations of emerging from Chapter 11 bankruptcy in the first quarter of 2016.
Major PV manufacturer Hanwha Q CELLS has appointed Seung Deok Park to its Board of Directors.
The largest polysilicon producer GCL-Poly Energy Holdings increased production of both polysilicon and solar wafers to offset ASP declines that limited first half year revenue and profits.
PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) said in reporting first half 2015 financial results that it would be restructuring its operations with the loss of around 2,000 jobs, 37% of its workforce of 5,458 at the end of the reporting period.
Indian conglomerate Adani Enterprises said in a financial filing in response to a query by Indian exchange, BSE, that its MoU with SunEdison that includes a US$3 billion JV investment in PV manufacturing facilities in India remained “subsisting”.
Sharp Electronics will add software modelling the performance of energy storage systems made by Energy Toolbase to its Smartstorage systems, following an earlier announcement that the California Solar Energy Industries’ Association (CALSEIA) will also use the software platform.
UK government proposals to cut its feed-in-tariff (FiT) rates for solar PV installations by as much as 87% have shocked the solar industry, which is already reeling from a recent wave of potentially damaging policy proposals, according the UK’s Solar Trade Association (STA).
Further adding to its woes, struggling Hong Kong PV manufacturer Hanergy Thin Film Power is to be dropped from investment indexes compiled by MSCI.
Tier-one PV manufacturer Yingli Green Energy has taken the unusual step of issuing only piecemeal preliminary financial results for the second quarter of 2015 and delaying full quarterly results until September 8.
The US Department of Energy (DOE) has backed teams working on 11 new solar technologies based on micro-CPV (concentrated PV), awarding funding of between just under US$1 million and US$3.5 million to each.
Renewable energy developer Cypress Creek Renewables is to invest more than US$20 million in two new projects in South Carolina as it looks to capitalise on the US state’s solar boom.
Tier-one PV manufacturer Hanwha Q CELLS’ PV module shipments have increased 12.2% quarter-over-quarter, driven by shipments to the US, which accounted for 37% of total shipments by revenue in the second quarter.
The UK Department of Energy and Climate Change (DECC) is proposing to cut the feed-in tariff (FiT) rates for solar PV installations by as much as 87%.
The recent global stock market sell-offs, including US majors NYSE and NASDAQ, are having repercussions for both SunEdison and its US-centric yieldco, TerraForm, according to Baird Equity Research analyst, Ben Kallo.
Until clean energy is properly valued in the US, legislation-based storage procurement mandates and solar incentives such as the ITC will remain necessary to support low-carbon technologies like solar and solar-plus-storage, a prominent energy storage industry figure has said.
Indian solar market observers have downplayed the likely impact of a World Trade Organization ruling against local content policies in the country’s flagship solar programme.
German engineering association VDMA is to take over the coordination of the International Technology Roadmap for Photovoltaics (ITRPV) from global semiconductor association, SEMI.
Chinese integrated PV manufacturer LDK Solar is to supply 67MW of modules to Thai project developer EA Solar Phitsanulok for projects planned in the Southeast Asian country.
Regulators in Nevada and Colorado have separately issued rulings that will throw a lifeline to the states’ respective solar net metering programmes.
Valley Electric Association (VEA), a nonprofit, member-owned electric cooperative, has announced plans to begin construction on a 15MW solar energy generation project in Pahrump, Nevada.
Solar power developer and operator Principal Solar, Inc. (PSI) has agreed to a deal to co-develop its first major solar project with partners from Entropy Investment Management.
E.ON Solar, a subsidiary of energy solutions provider E.ON SE, announced that the 20MW Maricopa West solar project has entered into its construction phase.