EDF Renewables North America has signed off on two Purchase and Sale Agreements (PSA) that will see PGGM Infrastructure Fund acquire a 50% ownership interest in both Glacier’s Edge Wind and Valentine Solar.
Tesla stopped the steep declines in residential solar installations in the second quarter of 2018, reporting deployments of 84MW, up from a low-point of 76MW in the previous quarter, an 11% increase.
Leading CdTe thin-film module manufacturer First Solar has started production of its large-area Series 6 modules at its first manufacturing plant in Malaysia and said it was nearing the start of production at a third facility as new orders in the second quarter almost reached 900MW.
As the solar industry has grown from a 50GW market to 100GW in just a few years, the desire to have differentiated production has increased, especially for companies entering the market or repositioning strategies.
NextEra Energy Partners (NEP) has added a total of 692MW of PV power plant projects, including Distributed Generation (DG) programs to its renewable energy project pipeline.
Australian-based PV asset owner of New Energy Solar (NEW) has acquired an 87MW (AC) PV power plant, currently under development from leading CdTe thin-film module manufacturer, First Solar.
China-based integrated PV module manufacturer Wuxi Suntech Power Co has recently renewed its 25-year module performance warranty cover with Munich Re Group and Ping An Insurance, the fifth consecutive year, Suntech has cooperated with the both insurance companies, since 2014
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
