It appears a buyer has been found for Swiss inverter manufacturer SolarMax, which was declared insolvent at the end of last year, with the company set to relaunch in June.
Expansion strategies into the US residential market announced yesterday by SunEdison are a “validation of the rapid growth” of the country’s household solar market, according to one investment bank.
Jerry Brown, the governor of California, has instructed his state to follow the “most aggressive” set of targets to be put in place for emissions reduction by a government anywhere in North America via an executive order issued on Wednesday.
Hanwha Q CELLS, which recently merged with Hanwha Solar One, will use the SNEC expo in China to unveil the latest in its HSL S series modules and high efficiency Q.ANTUM cell range.
German PV trade industry association BSW Solar has cast fresh doubts over the country’s new tender process for awarding ground-mount solar energy projects, saying that many would-be developers are likely to miss out.
Kyushu Electric, the Japanese utility that last year temporarily suspended new grid applications for large-scale solar, sparking a wave of similar suspensions by other utilities, will install a huge battery project aimed at integrating a higher capacity of renewable energy generation.
Following recent news that Holland’s Orange Solar will open a module factory aimed at “reviving” European PV manufacturing, BIPV specialist Onyx Solar will begin work on a factory in Spain.
Australian utility company AGL has called on the country’s regional and local government to “set both binding and aspirational medium and long-term emission reduction targets”, while outlining its own commitments to carbon reduction.
Energy storage start-up Stem says it sees a “strong opportunity” for expansion of its business in Australia, Japan and the EU and is especially focused on the potential of aggregated 'virtual power plants', in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
