Markets & Finance

German solar developer Conergy is extending its presence in the Middle East and North Africa.

The non-profit, clean energy education group, formerly known as the Solar Electric Power Association, recently changed its name to the Smart Electric Power Alliance. Along with the name change, the company has realigned its core objectives, seeking no longer to focus on “solar in a vacuum” but on the evolution of solar within a network of other technologies and incentives.

SolarCity announced that it has wrapped up its first cash equity transaction with John Hancock Financial.

The ‘Silicon Module Super League’ (SMSL) members in 2015, Trina Solar, Canadian Solar, JinkoSolar, JA Solar, Hanwha Q CELLS and Yingli Green may have the largest module shipments and manufacturing capacity significantly higher than any other c-Si manufacturer but still lag behind others when it comes to R&D spending.

REC Silicon said it would restart FBR polysilicon production at its Moses Lake facility in the US this month, with full-production planned to be resumed in June, 2016.

India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).

The head of Vivint Smart Home is set to step in to lead Vivint Solar, following the departure of CEO Greg Butterfield from the residential installer, announced yesterday.

New Hampshire officially passed a bill on Monday that expands the state’s financial incentive for solar by raising the existing cap on net metering.

Integrated PV module manufacturer SolarWorld has reported preliminary first quarter 2016 sales of €212.6 million on product shipments of 341MW.

Australian Capital Territory (ACT) is targeting 100% renewable energy by 2020 instead of the previous goal of 90%.