Power Plants

China-based monocrystalline wafer producer, Solargiga Energy has reported increased shipments and revenue in 2014.

Specialist PV equipment supplier RENA, which is in the middle of restructuring efforts, has said its new order intake in the fourth quarter of 2014 totalled €30 million.

Independent energy company Neoen and juwi AG have signed a deal that will see Neoen acquire 100% of juwi EnR — the French subsidiary of juwi AG.

The largest US-based PV installer, SolarCity has secured US$200 million in new financing from Credit Suisse to continue the rapid roll-out of the company’s ‘MyPower’ financing vehicle. This takes SolarCity’s financing in 2015 to around US$995 million.

Reports by Moody's and Navigant offer diverging views on the near-term prospects of solar plus storage systems.

European R&D facility, imec has achieved new solar cell record efficiency for its N-type, monocrystalline n-PERT (passivated emitter, rear totally diffused) process using commercial sized wafers and processing equipment.

PV developer Innovative Solar Systems (ISS) has achieved all necessary approvals and is cleared to begin construction on a 80MW solar farm in North Carolina.

Power project developer Access Power and renewable energy company EREN have launched Access Infra Africa — a company that will invest in the development of power projects in Africa.

Chinese government initiatives for distributed generation will have “a far greater impact on installations in China this year", according to the chairman and chief executive officer of Hanwha SolarOne.

US PV giant SunEdison has confirmed an agreement with the state government of Karnataka in India to build 5GW of subsidy-free wind and solar.