Latest headlines

Hanergy TF auditors express 'significant doubt' as to company's solvency

Hanergy Chairman Li Hejun

In Hanergy Thin Film Power Group's 2015 annual report, issued today, the company's independent auditors, Ernst & Young, emphasized that heavy losses in 2015 plus a lack of transparency regarding well over HK$5.5 billion ($710...

Brazil: BYD to deliver local modules for auction projects

Sao Paulo

BYD will open a 400 MW capacity solar module factory in Sao Paulo next year. The initial production will be delivered for winning projects in national solar auctions.

Sunrun offers extended loan option for US customers

Sunrun rooftop installation.

Solar-as-a-service provider Sunrun launches BrightAdvantage, a loan option that offers homeowners a 12- or 20-year payment option for the installation of rooftop solar systems.

SunEdison shares soar following CEO's upbeat comments

SunEdison installation

Investor confidence in the renewable energy group appears to be growing after the chief executive's assurances that cash is on its way.

UK's FIT cuts threaten 20,000 solar jobs

Rooftop solar installation, England.

Department of Energy and Climate Change's own study finds that reduction in the feed-in tariff from next year will lead to 22,000 job losses throughout the U.K. solar industry.

Southern Power secures large stake in 300 MW First Solar project

San Bernardino county, California.

The utility has purchased a controlling interest in First Solar's 300 MW Desert Stateline power plant in California; power produced at site will be purchased by Southern California Edison.

REC, O Capital partner on solar development in Middle East, Africa

REC, Orascom form alliance

The PV manufacturer and the well situated Egyptian group have announced ambitious plans to embrace "amazing growth opportunities for solar energy," which they say will enable them to dominate the region's PV market.

India surpasses 4 GW of installed solar PV

The nation of India surpassed 4 GW of grid-tied solar during July, according to the latest government statistics. 358 MW was installed in the first four months of the current fiscal year alone.

Soventix begins work on a 30 MW PV project in the Dominican Republic

This will be by far the largest solar project in the island nation, which remains dependent upon imported oil and gas.

Brazil: Key tax exemption for net metering implemented in several states

An exemption from the ICMS tax for net-metered solar PV systems began on September 1 in several Brazilian states. This tax has been a key barrier to the development of distributed renewable energy.

Yingli creates JV for 150 MW West African solar projects

Accra, Ghana.

Partnership with Namene Energy aims to develop 100 MW of utility-scale solar and 50 MW of commercial solar in Ghana and neighboring countries over next few years.

EC to cut two more Chinese producers from minimum price agreement

European Commission Brussels

Citing a long list of breached obligations, the European Commission is set to remove Chint Solar and Sunny Energy from the minimum price undertaking.

Canadian Solar wins 185 MW of solar contracts in Brazil

Minas Gerais.

The Tier-1 Chinese solar firm has been awarded contracts for five solar PV projects located in Brazil's Minas Gerais state; combined the projects will add 185 MW of solar capacity to the country.

Sky Solar increases financing for PV projects in Japan

Sky Solar PV installation

The Hong Kong-based solar park developer, owner and operator will use the fresh capital for its project pipeline in Japan; it will also benefit PV development in the Americas and Asia.

Giga Solar to build PV plant in Japan

Tsuyama, Okayama, Japan

The Taiwanese PV conductive paste maker is planning to add a PV plant to its growing portfolio of solar installations in Japan.

Solar's big guns take aim at WEEE non-compliance culture

Recycling a solar module.

Compliance and waste management scheme PV Cycle, together with representatives of Trina Solar, SunPower, Solar Frontier, JinkoSolar, aleo solar and Conergy denounce solar "free-riders" that neglect their waste management...

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