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11. February 2016 | | Comment now

Major work begins on Latin America’s largest solar PV project

With installation of mounting structures by STI Norland, construction of the 247 MW-DC El Romero PV plant has advanced. In the middle of next year this is expected to become the largest solar project in Latin America.

PV Crystalox closes Japanese wafer business, continues strategic review

The UK-based wafer maker will keep its German wafering operations going while it continues to mull future plans.

Tesla Energy delivers positive growth margin in Q4, company-wide losses predicted to end in 2016

Tesla Gigafactory in Nevada.

Tesla has reported that its Energy business unit achieved a “positive gross margin” in Q4 2015, while the company has delivered its 11th quarterly net loss. Tesla pointed to its Energy segment as a key lead generator for the...

Germany: SMA teams with grid operator Tenne T to provide real-time solar data

The collaboration between grid operator Tenne T and SMA is the first of its kind in Germany.

Collaboration marks greater effort of solar industry to work with grids on gaining greater understanding and control of solar's intermittency; partnership can digitalize electricity supply, SMA says.

IFC program pledges 200 MW solar for Senegal

More than half of the people in Senegal have no access to electricity, so the IFC hopes its Scaling Solar initiative can bring power to many more.

Senegal become second African country to join the International Finance Corporation's Scaling Solar program; 200 MW of PV capacity additions scheduled over the next few years.

Valoe signs biggest deal, with 150 MW module line to Ethiopia

MWT module technology

Finnish solar production equipment supplier Valoe has announced a deal to supply a 120 MW – 150 MW module assembly line to a new Ethiopian PV manufacturer, in a deal worth €15. 8 million (US$17.9 million). The deal is Valoe’s...

KKR rebrands Gestamp Solar in $500m overhaul

Gestamp Solar has been rebranded as X-Elio and kitted out with a $500 million warchest and 2.5 GW solar installation target.

The global investment firm renames Gestamp Solar as X-Elio and pledges to steer half a billion dollars into the acquired company to aid expansion efforts across various solar markets.

Australia: 450 MW of utility scale solar deals forecast for 2016

Nygan solar plant

The Australian large scale solar market segment is set to have a “breakout year” in 2016, with over 450 MW of project deals set to be signed. Green Energy Markets made the forecast today noting, however, that this level of...

Singulus forecasts return to profit in 2017, solar segment to drive sales

Silex II equipment.

Troubled German solar and optical disk production equipment supplier Singulus has issued an outlook for 2016, in which it forecasts “slightly negative” earnings in 2016 and return to profit in 2017. Solar sales are forecast to...

El Salvador launches auction for 150 MW of renewable energy

Rules for the second solicitation for renewable energy power plants in El Salvador have been published. 100 MW will be set aside for solar PV projects. The projects awarded should enter into service in 2019.

California surpasses 75,000 solar jobs

The release of state-level U.S. solar employment information shows rapid growth in a number of states but also the danger of layoffs due to policy changes.

GTM Research: Residential solar has passed grid parity in 20 states already

The company's latest report finds that under current policies residential solar will reach grid parity in 42 states by 2020, but expects policy changes to undermine these economics.

India to soon hold new solar tenders for 2 to 4 GW

Small PV plant in India

Speaking at the India-Australia Energy Dialogue in Brisbane, Indian Power Minister Piyush Goyal said feed-in tariffs could be cut by a further 10%. At the same time, Goyal is exploring ways of encouraging India's farmers to start...

SolarWorld’s bifacial modules and home storage solution one step closer to market

The SolarWorld Sunmodule Bisun can, according to the company, increase energy yield by as much as 25%.

The German firm's Sunmodule Bisun glass-glass module, which uses bifacial cells based on PERC technology, to be presented at forthcoming exhibition in Frankfurt; modular SunPac LiOn battery also to be unveiled.

Adani goes for solar Down Under

Queensland, Australia.

With its lofty plans to build Australia's biggest coal project facing delays, the Indian mining group is turning to solar and is looking to partner with international companies in developing clean energy in the states of...

Enel Green Power revenue flat for 2015, EBITDA falls 5.3%

EGP solar farm.

The Italian clean energy developer posts total revenue for 2015 of EUR 3bn, which mirrors 2014 performance; net installed capacity of clean energy reaches 10.5 GW, a 9% increase.

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