Latest investor headlines

Falling revenues, growing yieldco at SunPower Q2

SunPower module.

Major U.S. solar player SunPower has released its Q2 2015 results, in which it reports falling revenues both on a Y/Y and M/M basis, as it either holds completed projects on its books or drops them down into joint yieldco 8point3...


UK should taper off subsidies over five years

A solar project in the UK.

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.


The pv magazine weekly news digest

UK Chancellor George Osborne.

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.


Chinese players continue rearguard action

A stocks and shares board.

United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.


SkyPower to develop 1 GW of projects in Kenya

Nairobi.

Canadian developer will sign deal at trade summit in Nairobi on Sunday. The pipeline will cover the next five years and follows recent 6 GW commitments in Egypt and Nigeria.


LG Chem steals a march on Tesla

The Tesla Powerwall.

New 6.4 kWh storage system approaches $1,000/kWh price point. And the RESU is available within weeks, unlike the sold-out Powerwall.


Brazil: 20.6 GW of solar bidders for auction

Rio Grande do Norte.

National renewables auction hugely oversubscribed. PV project bids outpace 18 GW of wind schemes.


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