A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.
Major monocrystalline wafer producer Longi Silicon Materials has signed land and development contracts with the Yinchuan Economic and Technological Development Zone Management Committee to build a 3GW monocrystalline silicon facility in Yinchuan City, Ningxia Hui Autonomous Region, China.
The precarious financial position of major tier-one PV manufacturer Yingli Green was further highlighted in its second quarter financial results and subsequent earnings call with financial analysts.
GCL Poly is in the process of selling off its non-solar businesses and will emerge from a proposed US$500 million sale to focus on polysilicon and wafer manufacturing and sales, as well as PV plant development.
Brazil must establish a “specific industrial policy” for domestic PV manufacturing so it can produce the 2GW of solar equipment necessary to operate 61 solar plants planned for 2017, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
Major monocrystalline wafer producer Longi Silicon Materials has reported a first-half 2015 operating income of around US$264.2 million, 15.3% higher than the prior-year period.
Two regions have dominated the energy storage market in the US for more than two years, but falling costs and better market design could see deployments spread across the country in future, an analyst with GTM Research has said.
PV and sapphire materials equipment specialist GT Advanced Technologies (GTAT) said it would undertake a major reduction in its global workforce as it reduces expenses inline with a revised business plan ahead of expectations of emerging from Chapter 11 bankruptcy in the first quarter of 2016.
