Latest headlines

sPower signs 105 MW PPA under community choice aggregation program

sPower PV project. Image: sPower

sPower has secured a 20-year power purchase agreement (PPA) for 105 MW-AC of solar power with community choice aggregator MCE in California, making it sPower’s largest contract of this type to date, and the largest community...


Indian solar imports grew 47% in first half of FY 2016, finds Mercom Capital

Installation in India.

Close to $1bn of solar modules and cells imported into India in the first six months of the financial year, while exports rose 12% to reach $52 million, finds latest analysis by Mercom Capital Group.


100% renewable energy system cheapest for South America

LUT solar panels. Image: Teemu Leinonen

Transitioning to a fully renewable energy system, with over 50% coming from solar PV, would be the cheapest option for South America and it is possible in the next 15 years, according to research conducted by the Lappeenranta...


Bluefield Solar acquires five UK solar plants

Solar installation in England.

The solar investment fund has paid GBP 22.7 million for five sub-5 MW solar PV plants in England and Wales that are due to become operational before March 31, 2017.


Tata Power Solar becomes second Indian module manufacturer to achieve Tier 1 status

Tata Power Solar CEO Ashish Khanna.

Bloomberg New Energy Finance now considers the Indian solar company a Tier 1 operator, becoming only the second in the country after Vikram Solar to earn the accolade.


Enphase offloads residential O&M arm to SunSystem Technology

Enphase AC Home Battery.

The U.S. microinverter specialist confirms that SunSystem Technology will act as the company's primary residential O&M service provider after selling its O&M field service division Next Phase Solar.


All-time high in US storage investment in Q3, finds GTM report

Daimler battery storage.

Disclosed venture funding and project finance of energy storage projects in the U.S. in the third quarter reached $660 million, although actual deployments contracted slightly, says GTM Research.


EDF inaugurates 146 MW solar plant in Chile

The company is also building a 115 MW PV plant in the nation.


Oxford PV secures additional GBP 8.1 million in second series C financing round

Henry Snaith of Oxford PV.

The British perovskite pioneer attracts yet more funding, this time via three new strategic investors, including Statoil ASA and Legal & General Capital.


Scatec to build 150 MW-DC of solar PV in Brazil

The Norwegian developer and contractor has signed a deal with Kroma Energia for the four plants, which acquired contracts for the plants in last November’s auction.


Poland to hold inaugural 100 MW solar auction later this month

Polish solar installation.

The first auction, to be held on December 30, will be for a total capacity of 100 MW for small, sub-1 MW installations; a further 300 MW of PV capacity will be auctioned in 2017.


SMA to supply 616 MW of inverters to India's Greenko Energies

SMA's Sunny Central 1000CP XT inverter was developed for use in harsher climates in high price pressure regions, the company said.

The German inverter specialist to build on its sizable presence in the growing Indian solar market with supply of 616 MW of its 1000CP XT central inverter to Indian solar power developer Greenko Energies.


Canadian Solar receives $141m funding from Hanwha for Japanese solar plant

Yamaguchi prefecture, Japan.

The Chinese solar firm secures project financing from the South Korean conglomerate for the construction and operation of a 55 MWp solar plant in Japan's Yamaguchi prefecture.


India: Demonetization program could boost solar industry, says Mercom Capital

Narendra Modi.

Although chaotic, the Indian government's note recall is likely to benefit banks and distribution companies, potentially loosening lending criteria for solar projects and bringing down interest rates, Mercom Capital believes.


Gibraltar Industries to exit European solar racking business, future of Renusol unclear

Gibraltar Industries has made the strategic decision to exit Europe's solar racking business.

The U.S.-headquartered building products manufacturer confirms it is stepping away from selling residential solar racking in Europe as it attempts to balance its books. Subsidiary Renusol could face job cuts.


UK: Big brands sign letter urging government to stop solar tax hike

JD rooftop array.

More than 160 NGOs, schools, companies, energy providers and public institutions sign letter addressed to U.K. Chancellor calling on halt to proposed increase in business rates for solar panels.


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