Solar energy is fast becoming a ‘sunrise’ sector in India and it has started attracting considerable interest from financial investors as well as cross-border partnerships.
At Solar Power International 2011 in Dallas this week, the Solar Electric Power Association (SEPA) announced the results of the 2011 SEPA Solar Business Achievement Awards.
The Solar Electric Power Association has presented Tucson Electric Power (TEP) with a Solar Business Achievement Award for its Bright Tucson Community Solar Program. The scheme allows customers to purchase solar energy directly from local solar arrays in TEP’s catchment area.
This past month has seen Conergy secure orders for various solar power plants totalling more than 5MW in the USA. Conergy has provided three different states with project development services, planning, financing, engineering, procurement, construction, permitting and operations and maintenance.
A 25-year veteran in the business and financial business sectors, Bob Kelly has joined SolarCity as the company’s new chief financial officer. In his new role, Kelly will oversee the company’s financial affairs as well as its corporate, project financing and accounting units.
Founded by SunPower, SolarBridge Technologies, SolarEdge and Tigo Energy, the Universal PV Interface Alliance (UPVI) saw its official launch at Solar Power International 2011 and welcomed Enecsys and T-Conn Precision as its first additional members. The organization is dedicated as an industry association that works toward the development of a standard, universal electrical and mechanical interface between PV modules and embedded module-level electronics or cable assemblies.
SunCap Financial has selected Suniva to supply its high-efficiency panels for the SunCap Solar Lease Program, which aims to allow US homeowners a more economically sound option when it comes to the design, installation and financing of a custom solar array for their home. The companies noted that Suniva’s Optimus modules, powered by ARTisun solar cells, would be offered through the lease program and come with a 25-year linear power performance warranty.
Germany’s solar industry has endured a difficult year and the Federal Network Agency and transmission system operators (TSO) have responded accordingly by leaving the Renewable Energy Law (EEG) levy virtually unchanged at €0.3592 per kWh.
At the Solar Power International Expo this October 2011, technology pioneer OutBack Power Technologies will demonstrate their off-grid power conversion components. And Ameresco Solar, a leading energy efficiency and renewable energy company has reached an agreement to provide BP Solar International’s small area module (SAM) line of solar panels that range from 5 watts to 180 watts under the Ameresco Solar brand.
SunRun, a home installation solar company, and PV Solar, an authority on California solar market data, announced that third-party-owned solar has eclipsed cash purchase as the preferred way to go solar in California. Also known as leasing or solar power service, third-party-owned solar represented approximately 59% of California's home solar market in Q3 2011 and 51% of the market year to date.
