News

Utility firm Arizona Public Service Co (APS) has announced plans to develop a 32MW PV facility under its AZ Sun Program which seeks to increase the solar capacity in the state of Arizona.

Furthering its efforts to outsource extra PV module production outside of China, ReneSola has signed a toll manufacturing agreement with Solairedirect SA, the South African-based subsidiary of French-owned integrated project developer, Solairedirect.

Adding to its US$1 billion, five-year financing deal with JinkoSolar, China Development Bank (CDB) has signed a US$58 million loan agreement with the module manufacturer to fund PV power plant projects in China.

US solar thermal developer BrightSource Energy has shelved a 500MW concentrating solar (CSP) plant in California, according to reports.

Activ Solar, a PV developer based in Vienna, Austria, has said it has installed a total of 127.5MW of PV capacity in the first three months of 2013.

Texas-based contractor Fluor has signed a five-year contract to provide operations and maintenance services for Arlington Valley Solar Energy II's new solar power facility in Arizona.

The China Banking Regulatory Commission (CBRC) has warned Chinese banks that the country's PV industry represents a credit risk, according to reports.

PV installer Blue Oak Energy has completed the installation of a 4.2MW PV system in Gridley in the US state of California.

Taiwan has announced its intention to increase its 2013 solar PV target to 130MW from 100MW.

Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.