US-based solar PV installer Sunworks said it had selected SolarEdge Technologies has its preferred inverter supplier on the back of expected residential market growth in the fourth quarter of 2016 onwards.
Despite US solar rapidly transitioning from an alternative energy source into a leading energy solution in recent years, barriers in regulation, communication and technology still prevent the industry from taking off into the mainstream arena, according to a panel of experts at Solar Power International (SPI) 2016.
Independent power producer Etrion Corporation said it was evaluating the possible sale of its 60MW PV power plant portfolio in Italy to raise funds to expand project development in Japan.
A major €110 million (US$123 million) tool order for Singulus Technologies CIGS thin-film production equipment with China National Building Materials (CNBM), owner of module manufacturer AVANCIS, could finally proceed, as the equipment supplier expects an unspecified ‘pre-payment’ was due in the next few day(s).
Growing 43% year over year in 2016, the US solar industry is taking off at a pace no one could have foreseen. Naysayers may cite the industry’s slow start, hampered by high upfront costs and initial niche appeal as reasons why solar still will not experience a consumer boom. But panellists at the opening session of the 13th annual Solar Power International convention made it clear just how solar energy could exceed expectations and is poised for not only growth, but mainstream acceptance.
Leading US residential solar PV installer SolarCity said it had raised US$305 million in its second cash equity transaction, this time through a private investment fund affiliated with Quantum Strategic Partners Ltd.
Over the past 12 months, the US solar business has been on a rollercoaster ride, with the high-profile bankruptcy of SunEdison and the merger of SolarCity and Tesla stealing the headlines. Danielle Ola talks to the experts about some of the key trends shaping the world of solar finance
and investment in the US.
Summer wildfires across the West Coast of the US have significantly impacted the output of solar PV projects in the region with smoke cover reducing irradiance levels, according to environmental and industrial measurement firm Vaisala.
Third party financing could support more than half of India’s solar rooftop segment by 2022, but several policy initiatives must be introduced to make this model attractive to consumers, according to a report from advisory organisation the Climate Policy Initiative (CPI).
Leading global ‘Silicon Module Super League’ (SMSL) member JinkoSolar has officially announced that it is withdrawing from the EU minimum import price agreement, following a number of major China-based PV manufacturers and Taiwan-based producers.
