The Brazilian Association of Photovoltaic Solar Energy (Absolar) has signed an agreement with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil) to partner on attracting more foreign investment into the domestic solar industry.
Module manufacturer Wuxi Suntech has lost a lawsuit filed by renewable energy developer ZKenergy in a dispute over a RMB206 million (US$33.17 million) sales contract.
There were 1.2GW of US residential solar installations last year, of which 72% was third-party owned (TPO) through leases and power purchase agreements (PPAs), according to a GTM research study.
The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers.
Brazil’s energy regulator National Electric Energy Agency (ANEEL) has set a cap price of BRL349 (US$104) per MWh for its solar-only auction to be held on 28 August.
Major PVEP (Photovoltaics Energy Provider) SunPower expects full-year 2015 GAAP revenue to be around 50% lower than in 2014, due to the impact of establishing its JV yieldco vehicle with First Solar.
PV module encapsulant producer STR Holdings could be the US front for its parent company, China-based project developer, Zhenfa Energy Group entering the US market.
Major PV manufacturer JinkoSolar has secured over US$483 million in PV project finance from Ping An Bank to support its downstream project business arm, Jinko Power.
Efforts to force the government to reverse policy decisions that damaged the solar industry received a boost when the constitutional court in Rome accepted the legitimacy of the case.
The Australian Competition and Consumer Commission (ACCC) has proposed reauthorizing a voluntary system including best practice standards for solar businesses, which is to be run by the Clean Energy Council (CEC) for five years.
