Northern Ireland-headquartered renewable energy firm DP Energy has received approval to develop a AU$680 million (US$519 million) major renewable energy park in South Australia involving wind and solar capacity.
Indian firm Gujarat Industries Power Company (GIPCL) has signed power purchase agreements (PPAs) with Solar Energy Corporation of India for 80MW of solar projects in Gujarat, according to a BSE filing.
New Jersey utility Public Service Electric and Gas Company (PSE&G) plans to extend its Solar 4 All Program by building 100MW of solar PV on landfill sites in New Jersey.
Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.
With First Solar’s revenue and shipment guidance unchanged and basically locked-in for 2016, despite solar industry dynamics becoming increasingly fluid, filling demand for 3GW of thin-film module capacity in 2017 has become a priority for management as a rather large hole in bookings is proving difficult to fill.
Leading CdTe thin-film producer First Solar is undertaking a further round of restructuring that targets its EPC and O&M operations after its decision to shutdown its TetraSun crystalline silicon operations in Malaysia in early July.
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
