News

Renewable energy company SunEdison has reached an agreement with solar developer PermaCity to develop, construct and own 22MW of rooftop solar as part of the Beacon Bundled Solar contract that the Los Angeles Department of Water and Power (LADWP) gave to SunEdison in July 2014.

The top 20 PV module manufacturers shipped 8.8GW in the fourth quarter of 2014, generating an estimated US$5.9 billion in revenue, according to market research firm IHS.

The director of the US Department of Energy’s (DoE) solar cost cutting programme has hailed the “phenomenal jobs growth rate” that the US solar industry has enjoyed in recent times.

Major US utility Duke Energy has acquired a majority stake in US PV installer, REC Solar for an undisclosed sum.

PV equipment specialist Singulus Technologies said it had received contractually agreed payments for CIGS thin-film equipment believed to be for Hanergy’s planned capacity expansions in China.

After a strong recovery in solar cell shipments at the end of 2014, Taiwan-based cell producer, Gintech Energy reported a 29.8% month-on-month sales decline for January, 2015.

The falling cost of solar energy could have as much impact on energy markets as the so-called “shale revolution”, according to a new report.

The largest merchant solar cell producer, Neo Solar Power (NSP) reported a dramatic drop in sales for January 2015.

Hanwha SolarOne has completed the acquisition of Hanwha Q CELLS.

First Solar has announced it has set yet another world record for cadmium-telluride (CdTe) PV research cell conversion efficiency, achieving 21.5% efficiency certified at the Newport Corporation's Technology and Applications Center (TAC) PV Lab.