Latest headlines

California utilities agency increases efficiency with new storage system

Chino Hills, California

The advanced energy storage system will optimize renewable energy generation at its water management facilities, providing "an added layer of protection" against power outages and make it easier to share renewable resources.

Construction begins on 9.9 MW merchant solar park in Panama

Panama landscape.

Ecosolar's project is being built by British company Solarcentury. IIC provided a loan of $11.9m for the project.

The pv magazine weekly news digest

Solar eclipse.

Obama lends a hand, Germany shows its hand, oil's price volatility gets out of hand, and it's all hands on deck as pv magazine's web servers go awol: welcome to our latest weekly news digest.

Enel Green Power posts 11.1% revenue growth driven by US and Latam markets

Enel Green 60 MW PV plant.

The Italian renewable energy developer achieved revenues of $3.3bn in 2014 following strong performance in U.S. and Latin America.

Conergy enters residential solar leasing market

Conergy rooftop installation, Germany.

Partnership with European municipal utility network Trianel GmbH allows Conergy to offer leased solar systems to six million homes in Germany, Austria, Switzerland and the Netherlands.

IEA report examines ways to lower PV cost barriers in emerging regions

SolarAid light campaign, Africa.

The Innovative Business Models and Financing Mechanisms for PV Deployment in Emerging Regions assesses the pros and cons of six different types of funding methods.

First Solar raises bar for CdTe with 21.5% efficiency record

First Solar CdTe.

The new record for cadmium-telluride cell conversion efficiency certified at the Newport Corporation's Technology and Applications Center lab boosts First Solar's research roadmap.

Hanwha SolarOne acquisition of Hanwha Q Cells completed

Germany Hanwha Q Cells HQ.

Merger announced in December finalized today as Hanwha SolarOne completes 100% purchase of outstanding share capital of Hanwha Q Cells.

Dominion Virginia Power planning 400 MW solar project

West Virginia.

Proposal includes development of multiple large-scale PV plants across the state of Virginia, each to be operational by 2020.

Principal Solar agrees PPA with Duke Energy for 78.5 MW PV plant

Charlotte, North Carolina.

The $173 million North Carolina installation will become the largest US solar park east of the Rockies once complete.

Canada determines evidence of harm from Chinese solar imports

The Canadian International Trade Tribunal (CITT) has determined a reasonable indication that the dumping and subsidizing of solar PV panels from China threatens to cause injury to the Canadian industry.

Hanergy unveils thin-film mobile energy vision

Hanergy thin-film HQ.

Chinese thin-film company announces details of ambitious global product innovation competition designed to take solar power into previously unexplored realms.

Shunfeng returns to profit, increases cell shipments by 79.7%

Suntech HQ.

Preliminary financial assessment for fiscal year 2014 reveals impressive turnaround in fortunes for the Chinese clean energy company after difficult 2013.

World Bank and Power Grid Corporation of India discuss financial support

Loan talks still at an early stage with figure of $500 million apparently discussed.

Off.Grid:Electric to expand after receiving $7m in loans

Tanzania-based company receives money from International Financing Corporation and Cordiant Capital.

Oil price drop could propel US solar and renewables, finds BNEF report

BMW underneath a PV carport.

Despite oil's price slump having no direct impact on solar, a second-order effect could lead to greater stimulus to the U.S. renewable sector, report finds.

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