The acquisition by Amtech Systems of BTU International was pre-planned to be completed and the company assimilated into Amtech ahead of the next capacity expansion phase by major PV manufacturers, according to Paul van der Wansem, chairman and CEO of BTU International.
Zinc redox flow batteries could be a “viable substitute” for simple cycle peaking power plants in the US, especially as the increase of solar penetration adds concerns over grid stability, according to a new whitepaper.
TerraForm Power, the spin-off yield co unit of US PV provider SunEdison, has added to its growing portfolio with 77.6MW of distributed generation solar plants in the US.
Ethiopia could see construction of 300MW of PV across a number of government projects going ahead in just over six months, after the country’s public utility signed a Memorandum of Understanding (MoU) with a US-headquartered developer.
SunEdison has agreed a US$130 million non-recourse debt financing deal with CorpBanca and BBVA for the funding to construct a 69.5MW solar power plant in Chile.
Major PVEP SunPower reported higher GAAP revenue in the third quarter than previously guided due to increase sales in the US that offset weakness in Japan and Europe.
Shunfeng Photovoltaic International, the Chinese manufacturing and project developer, is to issue convertible bonds worth around HK$2.8 billion (US$361 million) to fund its ongoing downstream expansion.
New Jersey’s Public Service Electric and Gas Company (PSE&G) began construction on its largest solar project to date, amounting to 11.18MW, atop Kinsley Landfill in New Jersey.
