GE Ventures, part of global power equipment giant General Electric, has taken part in a US$15 million equity investment in leading US solar rooftop installer Sungevity.
India's largest power company, NTPC, has chosen PV developer Tata Solar Power to build a 50MW solar PV project at Rajgarh in the state of Madhya Pradesh.
The gulf in confidence separating the downstream and upstream solar markets continues to grow as investments in third party lease companies continue to boom, according to second quarter data released by the Cleantech Group yesterday.
Citing changing market conditions and an extended period of consolidation within the solar sector, PV inverter market leader, SMA Solar Technology plans to reduce its headcount further by around 700 full-time positions in Germany by the end of 2014.
The split between the two bodies that had jointly been working to realise the ambitious Desertec renewable energy vision was the culmination of a long-running dispute over the project’s strategy and governance, it has emerged.
PV Crystalox Solar has sold its polysilicon production operations in Bitterfeld, Germany to the former management team, contributing €12.3 million to the renamed Silicon Products Research Engineering Production in the process.
The capacity of solar and wind energy storage systems (ESS) could reach 21.8GW by 2023 as increased renewable energy generation makes the grid increasingly unstable, according to a Navigant Research report.
