Power Plants

Seven private companies and one public joint venture have received a letter of intent for 230MW of solar projects in Uttar Pradesh.

According to NPD Solarbuzz, second quarter 2013 PV module shipments for the top 20 suppliers exceeded 5.8GW. The rise was led by Yingli Green Energy which saw shipments estimated to exceed 800MW and over 1GW for the first-half of the year, a new record for any PV module manufacturer.

The largest ever PV power plant, dubbed the OneGiga Project and said to have cost around €1.75 billion has been shelved by the developer Securum Equity Partners and will seek €160 million from the Republic of Serbia at the International Court of Arbitration in London, England.

German investment firm Wattner has purchased ten solar power plants with a total capacity of 48MW.

Microinverter market leader, Enphase Energy continues to gain traction in international markets, reporting second quarter 2013 sales up 28% sequentially.

Sunpower Israel inaugurated the commercial operation of the largest solar power plant in Israel on Tuesday 6 August.

Chinese PV module manufacturer ReneSola is to provide solar plant installer Saferay with 29.1MW of its modules for use in construction of La Huayca II solar power plant, Chile.

First Solar has announced that it has purchased Element Power’s 1.5GW project pipeline for the US and Mexico.

US-based third-party ownership (TPO) PV installer Vivint Solar has secured US$200 million in two separate tax equity funds.

Energy utility Edison International has acquired SoCore Energy, a Chicago-based commercial rooftop solar developing company.