Power Plants

Said to be needed to improve the chances of gaining project finance and sell projects, CPV specialist Soitec has used Munich Re for its modules performance-warranty insurance.

Solar silicon provider Silicor has announced that it has secured new investment as it looks to expands its manufacturing operations.

SolarWorld Americas has begun work on solar carports at four public parks in Thousand Oaks, California.

The Chilean senate has voted this week on revised targets for renewable energy production, making a unanimous decision in favour of aiming for producing 20% of the nation’s energy from renewable sources by 2025.

Renewable energy developer Juwi has signed contracts with investors Hisun PV to build two power plants in Romania.

Global shipments of inverters fell by 5% in the second quarter of 2013 compared to the same period last year, the first drop in seven successive quarters, according to the latest data from IHS.

India’s ministry of new and renewable energy announced the approval of a new solar research and technology institute.

Plans to develop 700MW of desert PV capacity in Punjab, Pakistan, have been approved.

Sputnik Engineering, the firm behind the SolarMax invertor brand, claims to have limited the extent of job losses as it begins a restructuring.

The installed capacity of utility-scale solar power in the USA has passed the 3GW milestone, according to solar project tracking firm Wiki-Solar.