SunEdison has announced financial close on a 50MW solar plant in Chile, which it claims is Latin America’s largest operational PV plant and also one of the biggest PV projects in the world operating without subsidies.
Market research firm, IHS, has significantly raised its forecast for global PV demand for 2014. Driven by expected demand growth in China and Japan, IHS expects installations to reach 46GW, a 22% increase over 2013.
Portuguese renewable energy developer, EDP Renováveis (EDPR), has secured €30 million (US$41 million) in project finance for 50MW of Romanian PV, despite recent cuts to the county's solar incentives.
US conglomerate General Electric (GE) will invest in the running of Japan’s largest solar power plant, an ¥80 billion (US$777 million) scheduled for completion in 2018, according to reports in Japanese and international media.
A proposed bill that would triple the amount of tax credits available to Iowans that have installed solar panels was passed by a 46-0 vote in the Iowa State Senate.
RGS Energy has made the latest in a series of “strategic acquisitions”, signing an agreement to purchase Hawaiian full service solar energy firm Elemental Energy, which trades under the brand name Sunetric.
Developers who have bid for projects under the domestic content part of India’s JNNSM national solar programme may not sign power purchase agreements, industry body the National Solar Energy Federation of India (NSEFI) has warned.
California utility, Pacific Gas and Electric Company (PG&E), claims to have passed a milestone by drawing over 20% of its power from renewable energy sources in 2013.
Market conditions in the PV industry continued to impact PV inverter leader, SMA Solar Technology in 2013, with the company registering a loss of €89.1 million for the full year.
