Latest headlines

Southern Power acquires majority stake in 200 MW California PV project

In addition to the Tranquillity project, Recurrent has another two solar projects under construction in California

Southern Power has signed an agreement with Canadian Solar subsidiary, Recurrent Energy to acquire a 51% stake in the 200 MW Tranquillity Solar Power Project, which is set to be completed in Q4 2016.


India: Yes Bank raises more than $49 million for renewable projects

Yes Bank has managed to raise INR315 crores (US$49.37 million) to finance green infrastructure projects like solar and wind power in India. Investor IFC has also officially drawn back investments into coal projects.


SunPower targets $1.5bn solar expansion in Chile

Chile Arica y Parinacota desert.

California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.


Germany’s second PV tender oversubscribed three-fold

Germany's second tender round was massively oversubscribed

A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germany’s second solar PV tender round. The prices for the generated solar energy are still to be determined.


Australia: Queensland rolls out virtual power plant project

Commercial rooftop array in Australia.

A utility in northeastern Australia is rolling out a pilot solar+storage pilot project to create a 'virtual power plant' in areas where grid capacity is constrained. The 12-month project will allow for remote control of the...


India: Welspun to develop 8.7 GW of solar on back of strong investment

Welspun Renewables inaugurates one of its solar PV projects - one of the world's largest - alongside Indian PM Shri Narendra Modi in Madhya Predesh

Of its 11 GW renewables target, Welspun Renewables has said it will develop 8.66 GW of solar PV in India. Investment in the country is said to be strong, with Welspun expecting a "substantial inflow" of capital.


ET Solar moves into the Turkish PV market

ET Solar has entered Turkey's PV market with its new Turkish arm ET Solutions Istanbul. The company has already bagged two 1.1MW projects.


Germany: Record PV and wind grid feed-in for July

According to Fraunhofer ISE's data, the amount of PV and wind generated electricity fed into the grid hit a record high in July in Germany. The PV power generated also matched up to nuclear. Another first.


SolarCity expands into Mexico with $15m purchase of Ilioss

SolarCity installation in progress.

Acquisition marks first time the U.S. solar company has expanded internationally, sees Mexican market as exciting and ideal location for extension of its financing model.


Ideal Power Q2 revenue surpasses expectations

Kaco inverter production.

The U.S power conversion company generated revenue of $1.2 million in Q2 following announcement of partnership with Germany's Kaco. Losses posted at $2.3 million.


ReneSola forms JV with Pristine Sun for 300 MW US solar pipeline

ReneSola cell production.

The Chinese solar module manufacturer has teamed with the San Francisco-based EPC to develop, build and operate a portfolio of 300 MW of solar projects in the U.S., first 150 MW outlined for next year.


Forecast: Steady increase to 92 GW annual solar installations by 2020

Apricum's latest report based on its global market PV model shows continual growth in cumulative installations. Brazil looks set to possibly become the new PV darling.


UK: Big60Million and Foresight Solar Fund close bond on 34 MW community PV

Big60Million solar development.

Joint venture between solar investor Foresight and community-benefit energy company Big60Million brings community and institutional finance together in the ongoing pursuit of greater solar deployment.


$4 million funding for solar startup Bright

Solar advocate Jonah Greenberger's brainchild "Bright" has managed to raise $4 million in funding. Bright's aim is to install solar panels on Mexican roofs under a subscription program, where homeowners get panels for free but...


Enphase Energy Q2 shipments up 48% YOY

Enphase AC battery.

U.S. module level power company ships record 195 MW in second quarter, revenue up 25% year-over-year, reaching $102.1 million.


SunEdison to co-develop 'world's biggest' Bulli Creek solar farm in Australia

Bulli Creek solar project.

US solar giant SunEdison has been named as the co-developer with Australia's Solar Choice of the proposed 2GW Bulli Creek mega solar project in south-west Queensland, which would be the largest in the world once fully developed.


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