Latest headlines

SolarCity creates new US$400 million solar fund

With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.


U.S. IRS allows community solar owner to access the ITC

A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.


Brazil's largest PV module factory inaugurated

The 180 MW factory is located in the state of São Paulo, as the largest PV factory inaugurated in the nation to date.


U.S. energy storage markets continue to grow

GTM Research's latest numbers indicate a strong second quarter for all grid-tied energy storage market segments, with record deployment behind-the-meter. However, the best is yet to come.


Analysis: Growing domestic demand convincing solar companies to invest in India

India's domestic market is now robust and reliable enough to support large-scale investment by leading solar firms.

GTM Research senior solar analyst Mohit Anand says that international suppliers such as JA Solar and Trina are gaining confidence in India's home solar market.


Hanwha Q Cells adds 45.2 MW to its UK solar footprint

Fenland solar farm, England.

South Korean solar firm secures two large-scale solar farms in the U.K.; agrees 15-year power purchase agreement with EDF Energy.


E.ON grows PV power plant development business

An E.ON solar power plant in Germany.

Germany’s E.ON has announced that it is continuing to expand its U.S. and German PV power plant business. E.ON will develop a 20 MW project in Kern Country, California, after having completed a 2.1 MW plant near Neubrandenburg,...


Aqualis to acquire 49.9% stake in Adler Solar

Adler Solar customs warehouse.

Engineering consultancy group signs MoU to purchase large stake in German solar service provider for sum of around $3.4 million; has option for further 10% stake at future date.


United PV posts H1 revenue increase of 125%, profit decrease of 26%

Hong Kong skyscape.

Chinese solar firm reports revenue for first six months of the year of $44 million, but profits decrease 26% to $40 million compared to the same period in 2014.


Enel Green Power unveils $600m Brazil solar plan

Enel Green Power's Chile installation.

Italian developer will invest $600 million in development of 553 MW of new solar PV capacity awarded under Brazil's latest solar tender.


Solar ready to thrive without subsidy, says US Energy Secretary

U.S. Energy Secretary Ernie Moniz.

Ernest Moniz says the Obama administration backs Democrats' calls for an extension of the Federal ITC, but stresses the solar industry will grow even without further subsidy.


Alabama approves up to 500 MW of renewable energy over the next six years

Regulators in the U.S. state have approved Alabama Power's request to build or purchase up to 500 MW of renewable energy over the next six years. However, these projects must come in under a low price ceiling.


GT to lay off 2/5 of global workforce

GT Advanced Technologies has released details of a restructuring plan which will include reducing its workforce by an estimated 40%. The company aims to return from bankruptcy in the first quarter of 2016.


Tri-State, Juwi sign PPA for 30 MW Colorado PV plant

The Cimarron Solar project was the first utility-scale solar plant in Tri-State’s energy portfolio

Juwi Inc. has signed a PPA with Tri-State Generation and Transmission Association, Inc. for its proposed 30 MW solar PV project. Located in Colorado, the U.S., it is scheduled for completion in Q4 2016.


JA Solar pens agreement to build 1 GW fab capacity in Andhra Pradesh, India

Andhra Pradesh.

The Chinese solar firm will begin construction of a 500 MW solar cell factory in the state in December; similar-size module factory to follow, according to MoU signed with Essel Group.


Fossil fuels' cost advantage over solar narrowing, says IEA

Coal and solar.

New report published jointly by International Energy Agency (IEA) and Nuclear Energy Agency (NEA) reveals strides made by renewable energy sector in producing electricity at costs close to fossil fuel-based power stations.


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