Apel Stel Corporation's new 340 kW PV system, boasting more than 1,000 Suntech solar panels, meets 98% of the company's energy needs.
The Solar Trade Association applauded the move but took issue with some aspects of the country's new Electricity Market Reform, adding that developers may continue to rely on the existing Renewables Obligation scheme until 2017.
Total grid-connected solar capacity in China is set to triple to 10 GW by the end of the year. The country installed nearly 36 GW of new and renewable energy capacity in the first 10 months of 2013.
New figures have revealed that Australia has now installed 3 GW of solar PV. Rooftop arrays continue to dominate the market.
The British government says it will "rebalance" renewable energy subsidies in order to encourage private investment in offshore wind projects.
The French utility company's first green bond offering will raise a total amount of €1.4 billion, 25% of which will be earmarked for solar power investment.
The California-based large-scale solar power project developer is looking to exploit opportunities in Australia's off-grid mining sector.
ReneSola and SunEnergy1 began their collaboration in 2013 and the partnership has resulted in 63 MW of PV installations in the U.S. state of North Carolina.
Financing partner De Lage Landen has agreed to a further investment in the fund, which SunEdison hopes will create new markets by attracting more customers.
A report by the National Renewable Energy Laboratory discovered that non-hardware costs account for up to 64% of the total cost of residential rooftop solar systems.
SolarCity's innovative bond offering, SunEdison's consideration of spinning off key assets into yieldcos and SunPower's geographically diversified portfolio are piquing the interest of market watchers.
Lux Research predicts that far from being outshone by cheap natural gas, solar power will actually benefit from increased gas penetration and achieve cost parity by 2025.
The company is aiming to meet growing demand for energy storage and stabilization solutions as power grids face increasing challenges in coping with ever more renewable energy. Tests are to start in the U.S. early next year.
The asset management company will team up with engineering firm Progressum to deliver 21 PV plants in central-southern England in a deal worth an estimated $490 million.
The Bulgarian government is set to introduced a new 20% tax on renewable energy. The country's PV sector warns the move will scare off investors and reverse the country's progress.
Mascotte's prediction of an impending half-year loss last week must have been an easy call. The company has written off Sun Materials' Yi-Lan plant at a cost of HK$845 million.
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