Sydney’s unique remote sensing technology developer Fulcrum3D has launched in Australia an advanced cloud tracking system that enables cheaper renewable energy by forecasting the power output of PV plants.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
The Jamaican Office of Utilities Regulation (OUR) has announced the winner of its most recent renewable energy procurement project. The preferred selected bidder, Eight Rivers Energy Company (EREC), is to construct, operate and own a 33.1MW solar PV plant at Paradise Park in Westmoreland, at a proposed lowest electricity price of 8.54 US cents/kWh.
Iran has published new feed-in-tariffs (FiTs) for solar PV including a new category for solar projects of greater than 30MW in size, according to the renewable energy organisation of Iran (SUNA).
Struggling China-based PV manufacturer Yingli Green Energy has reported a full-year 2015 net loss of US$864.6 million on revenue of US$1,538.5 million. The company had recently guided a net loss in the range of US$894.1 million to US$909.7 million.
French oil major Total’s €950 million acquisition of battery manufacturer Saft puts the company at the front of the pack of fossil fuel firms looking to diversify, according to SolarPower Europe CEO James Watson.
French renewables firm Engie, formerly GDF Suez, the largest independent power producer in the world, recently signed a long-term PPA for a 100MW concentrated solar power (CSP) project in South Africa.
SunEdison yieldcos TerraForm Power and TerraForm Global have amended agreements with key lenders to allow them more time to file their financial results and audit.
