Power Plants

SunEdison has revealed today the first set of projects under its emerging markets yieldco, which is named TerraForm Global.

Tier-one module manufacturer and project developer Canadian Solar has agreed a US$250 million loan with China Minsheng Bank.

Horizontal tracking systems provided by IdeemaTec Deutschland GmbH will be utilised by the Jordanian government programme for renewable energies in three projects — totaling 43.5MW.

Polysilicon producer REC Silicon reported a 48% decline in polysilicon sales in the first quarter of 2015, driven by a number of negative impacts.

Peru’s Ministry of Energy and Mines (MEM) has signed a 15-year investment contract with local power provider Ergon Peru SAC for the installation of 150,000 solar panels to provide electricity to remote areas of the country.

Expansion strategies into the US residential market announced yesterday by SunEdison are a “validation of the rapid growth” of the country’s household solar market, according to one investment bank.

Ecoppia, a developer of water-free PV solar panel cleaning solutions, has announced that its E4 robotic solar panel cleaning system is now operational on five PV installations in the Middle East — comprising of over 35MW of installed capacity.

Leading PV microinverter producer Enphase Energy met the mid-range of sales and shipment guidance on the seasonally weak first quarter.

Project developer SPI is set to raise US$50 million in a private placement of shares as it looks to build out its pipeline.

Major polysilicon producer Wacker Chemie said its capacity could reach around 80,000MT by 2017 as it optimises production in Germany and ramps its new plant in Tennessee.