Hanergy Group has secured financing from several Chinese banks totalling around 20 billion yuan (US$3.3 billion), according to reports, as it looks to become a major PVEP (PV Energy Provider) employing a-Si and CIGS thin-film technology for downstream PV power plants.
Hanwha SolarOne has signed a memorandum of understanding (MOU) to supply 50MW of its modules to US-based third-party finance and residential rooftop installer, OneRoof Energy, as the company plans to expand operations.
In a new detailed report by Deutsche Bank’s US-based solar industry analysts, the PV industry is said to be heading into its “second gold rush” with a base demand of 46GW in 2014, topped by an expected 56GW of demand in 2015.
Chile’s Environmental Assessment Service (SEA) has given the green light to the 92MW Gramadal PV power plant project proposed by US PV developer SunEdison.
ReneSola, the Chinese tier one PV manufacturer, has announced that it will supply 420MW of modules to an unnamed project developer in Japan for use in 10 PV plant projects.
An administrative judge in the US state of Minnesota has ruled solar generation to be a better investment than natural gas for electric and natural gas utility, Xcel Energy.
Strongly contested campaigns by some US-based utilities to change net-energy metering (NEM) policies for mainly residential PV owners are not expected to have a meaningful negative impact on the US PV market, according to the latest findings from market research firm IHS.
Yingli Green Energy has signed a joint venture agreement to develop and construct solar power plants with China’s “third largest” state-owned coal mining company, Datong Coal Mine Group.
