This large purchase by the third-largest U.S. residential installer shows diversification away from REC Solar, its main supplier for the last two years.
Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.
Apple Inc. is investing around 40% of the RMB 659 million required to install 170 MW worth of solar PV plants in Inner Mongolia. SunPower and Zhonghuan Semiconductor are providing the remaining funds.
The Indian EPC last week secured the rights to develop a 75 MW solar PV plant in the Indian state of Gujarat, prompting an order for 100 MW of inverters and smart PV solutions from China's Huawei.
The expiration of Germany’s energy storage program this December is expected to see market growth contract 13% in 2016, says EuPD Research. This year, up to 16,000 small scale solar+storage systems are forecast to be installed in...
According to a new YouGov poll commissioned by the Solar Trade Association, subsidies for U.K. solar power are 22 times less than people actually think, comprising just GBP 9 per consumer per year.
Funds issued as part of the Department of Energy's Advanced Research Projects Agency-Energy to be issued ahead of the UN Climate Change talks in Paris as part of wider investment in low carbon economy.
Report from GTM Research forecasts a tripling of the global solar operations and maintenance market from 133 GW this year to more than 390 GW by 2020, growing even in regions where PV expansion has stalled.
LG Chem will supply Steag with six of its large-scale lithium ion (Li-ion) batteries for what will become the largest energy storage system project of its kind, when complete, in 2017. Steag is investing EUR 100 million in the 90...
Turkey has issued a new directive, which will see solar modules charged an import tax of around US$125, determined by weight. The new regulation will apply to all PV manufacturers outside of Turkey from December 19.
The company's management changes follow a shift in strategy, with an attempt to be more “boring” after rapid growth spooked investors.
Following the module manufacturers’ lead, China’s largest inverter manufacturer, Sungrow, is entering the downstream solar business, having signed an agreement with the Chaohu municipal government in east China to develop up to...
China’s Trina Solar has racked up a record 1.7 GW solar module shipment record in Q3 2015, however a US$45 million settlement with Solyndra trustees has plunged the manufacturer into a $20 million loss for the quarter.
The U.S., Japan and South Korea are the leading energy storage markets worldwide, says IHS, with each forecast to exceed 100 MW of annual installations this year. Between 2015 – 16, they are set to install 1.4 GW of new capacity....
New renewables investment in 2014 in 55 developing world nations reached US$126 billion, finds a new report, over half of which went to emerging markets. The increase was recorded, despite a general slowing in economic growth....
Troubled Chinese manufacturers China Sunergy has released its delayed Q2 2015 results, in which its shipments fell as it reduces OEM production. The company reported a loss for the quarter of US$10.5 million, down from $12.2...
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