Power Plants

An interpretation of property law that could come into effect in Arizona, taxing homeowners for leased solar panels fitted to their property, is another manifestation of resistance to solar, according to an analyst from Lux Research.

Banking giant Wells Fargo has invested US$100 million of tax equity financing in nine PV projects in North Carolina.

Market research firm, IHS has published its PV module supplier rankings for 2013, highlighting the continued dominance of Chinese producers but resurgence from two major Japanese firms.

Bankrupt German-based PV firm, Sunways has sold its PV inverter and BIPV businesses to Shunfeng Photovoltaic for an undisclosed sum.

Senior Moroccan officials will tour the US this June as they look to kick start the North African country’s ambitious US$12.4 billion solar plans.

US-based PV energy provider, SunEdison, has achieved financial close on a 60MW PV plant project in Kern County, California.

Egypt will invest US$1 billion in solar energy in the coming years, according to the state-run information service.

Struggling wafer manufacturer LDK Solar has agreed an 850MW wafer supply deal with Taiwanese cell manufacturer Gintech.

California-based Pacific Gas and Electric (PG&E) has topped the list of US utilities that added most new solar capacity to their systems in 2013.

Beleaguered German PV developer, SAG Solarstrom, has given an upbeat assessment of its prospects of finding the necessary investment to allow it to continue operation.