PSEG Solar Source, a subsidiary of PSEG Power, announced that it has acquired a 25.9MW PV facility from Ecoplexus for an investment of over US$40 million.
The clean energy industry has received a stark warning that it needs to commit more resources to lobbying to counter the efforts of a failing fossil fuel industry.
A global coalition aimed at driving investment in clean energy R&D looks set to be finalised by the middle of this year, the UK’s special envoy on climate change has said.
PV module assembly equipment specialist Spire Corporation said it would focus on the turnkey PV manufacturing segment after completing the sale of its sun simulator business to Eternal Sun.
India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
Major polysilicon producer Wacker Chemie said that its new polysilicon plant in the US had started ramping and existing plants remained at full-capacity despite continued price declines that have reached record lows.
China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
‘Silicon Module Super League’ (SMSL) member JA Solar says its portfolio of PV modules have passed the 96-hour potential-induced degradation (PID) resistance test under the conditions of 85-degrees Celsius and 85% relative humidity at -1,000V of system voltage bias as required to meet the IEC62804 standard.
