News

Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.

The Nevada Public Utilities Commission (PUC) has approved a plan that will restrict net metering credits and boost charges against solar users.

While news of an amended acquisition deal between SunEdison’s yield co TerraForm Power and Vivint Solar appeared to give SunEdison a hefty boost in the stock market, hedge fund Appaloosa Management is now raising a number of questions about the new agreement.

Li Guangim, the financial controller and an executive director of troubled Chinese manufacturer Hanergy Thin Film Power has resigned from the company.

Three separate developers have won 260MW of capacity on an engineering, procurement and construction (EPC) basis for a solar park in the Indian state of Rajasthan.

Taiwan is increasing the amount of solar PV capacity available under its feed-in tariff programme for 2016 from 270MW to 500MW and boosting the level of FiTs available in various parts of the country.

German manufacturer M10 Industries is to supply two of its ‘Kubus’ stringer tools to Indian module manufacturer Emmvee Photovoltaic Power.

Spanish engineering firm TSK and Abu Dhabi-based Enviromena have been selected to build what is expected to be Jordan’s largest PV power plant.

Southern Power, a subsidiary of Southern Company, has acquired a 51% stake in the 200MW Garland PV project in California by signing an agreement with Canadian Solar subsidiary Recurrent Energy.

The approval of the US investment tax credit (ITC) by lawmakers last week marks the start of “new energy paradigm”, according to an industry trade group.