News

Global renewables project developer, New Generation Power, and engineer, procurement and construction company, Premier Solar Group have signed a power purchase agreement for 315MW of solar energy in Andhra Pradesh.

US-based manufacturer SunPower has raised its outlook for 2013, predicting revenues of between US$2.52 billion US$2.57 billion.

German state development bank KfW is to provide €654 million (US$900 million) for a Moroccan CSP project.

The requirement for local content in Saudi Arabia’s early solar power tenders could mean it misses out on global cost cuts, according to IHS.

Crystalline module manufacturer Jinko Solar has supplied 1.2MW of PV modules for a project in Chile.

Sunlabob Renewable Energy has completed work on a mini-grid that will supply electricity to a remote village in rural Laos.

Trendforce research division EnergyTrend has issued a new report in which it claims that Asian market demand is exceeding that of other regions including Europe.

Canadian Solar has signed an agreement with Deutsche Bank for a CAD$104 million (US$99.5 million) loan.

Additional funding has been released for residential solar under the San Diego California Solar Initiative (CSI) programme.

PV equipment supplier, BTU International, has reported third quarter net sales of US$12.0 million, down 15.7% compared to US$14.2 million in the preceding quarter as little sales activity was generated from the PV sector.