The largest solar installer in the US SolarCity dropped a major bomb in reporting third quarter financial results as it trimmed 2015 installation targets and said it would focus on cost reductions over growth in 2016, ahead of the potential step-down of the investment tax credit.
CdTe thin-film producer and project developer First Solar has signed an agreement with US-based solar project developer Strata Solar for the supply of 400MW of First Solar’s advanced thin film PV modules.
PV solar system provider First Solar has installed approximately half of its 141MW Luz del Norte solar project in Chile, as the first two blocks of the project have been connected to the country’s central grid.
Polysilicon producer OCI Enterprises, A North American subsidiary of South Korea-based OCI Company has sold its 73% limited partner interest in OCI Resources along with 2% general partner interest and distribution rights to Turkey-based conglomerate Ciner Enterprises for around US$430 million.
The Alliance for Solar Choice (TASC) filed a suit in Hawaii state court on Wednesday to challenge the Public Utilities Commission’s (PUC) decision to shut down the state’s net metering program.
US residential solar installer SolarCity has said global expansion remains on its agenda despite the premature demise of its exploratory foray into the UK market via subsidiary Zep Solar.
SolarCity is looking to hire as many new employees in just one day as it does on average every month, targeting the hire of 500 workers across 10 US states.
A new poll indicates that 80% of Californians are against proposals from utilities to roll back the state's solar net metering programme, which compensates residential rooftop owners for the surplus energy they export back into the grid.
