Power Plants

Solar developer Conergy has extended its bank guarantee facility with Tennenbaum Capital to US$75 million using funding from Goldman Sachs BDC in order to power an expansion of its solar business.

Module maker Hanwha Q CELLS has expanded its presence in France with the establishment of a new subsidiary and expanded warehouse facilities.

The 2015 Solar Power International expo got underway in Anaheim, California on Monday evening, with a stark warning of the existential threat posed to US solar by the pending drop in the federal investment tax credit (ITC).

Nano-electronics research centre imec continues to tout its solar cell R&D work in the PV industry but is also focusing efforts on new areas such as PV energy yield predictions at the European PV Solar Energy Conference and Exhibition (EU PVSEC) in Hamburg this week.

The passing of legislation that will see California sourcing 50% of its energy from renewable sources by 2030 has been hailed as a “huge win” by the US Solar Energy Industries’ Association (SEIA).

Hanwha Q Cells has sold 33MWdc of solar farms in Panama that the company says was developed without “federal, state, local or corporate incentives”.

Developments in balance-of-system technologies are set to play a lead role in pushing global installed PV system costs down 40% by 2020, a report by GTM Research claims.

SolarEdge is hoping that new processing technology in its latest range of inverters will “revolutionise” inverter design in the same way that flat screen technology superseded old-fashioned cathode ray TVs.

Solar power company Canadian Solar has entered into a long-term product supply deal with solar energy provider Vivint Solar.

The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.