Power Plants

North Carolina Governor Patrick McCrory has signed Senate Bill 372, which extends the tax credit for renewable energy projects in the state.

Solar giant JA Solar has formed a joint venture with the Chilean subsidiary of developer Soventix to develop large-scale PV projects in the Latin American country.

Hanergy Thin Film Power Group (Hanergy TF) has revealed plans to open 1,500 retail stores globally for its suite of thin-film solar products by 2017.

RET Capital has appointed Michael Young as the company’s vice president, legal and administration.

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.