Latest headlines

SolarWorld posts Q1 net loss despite revenue increase

SolarWorld HQ in Hillsboro, Oregon

The German-U.S. PV manufacturer continued making net losses for the fourth quarter in a row but managed to increase shipments by 44% to 202 MW as sales rose 50% due in large part to the dynamic U.S. market.


Update: SPI buys stake in ZBB ahead of storage deal

ZBB Energy Corp. headquarters

As part of a supply agreement valued at between $80 million and $120 million, SPI will integrate ZBB Energy's advanced energy storage systems in its PV solutions for solar markets around the globe. The Chinese solar developer...


Pakistan's Parliament House goes solar

The Pakistani Parliament House

The 1 MW system employing Yingli solar modules was fully financed by China. Chinese President Xi Jinping was in Islamabad this week for the PV array's innauguration. News of the new installation comes amidst reports that the...


Tesla to announce home and utility-scale battery next week

Elon Musk of Tesla Motors.

Company sets April 30 date for unveiling, widely believed to be a new home battery and one for utility scale, to be produced at company’s new gigafactory.


Investment in smart grid, storage sectors soars

Smart grid meter, SIGFOX

The smart grid sector raised $185 million in the first quarter, a dramatic increase from $59 million it received from 13 investment deals in the fourth quarter of 2014, according to a new report by Mercom Capital.


Utilities in New Jersey pursue 80 MW of solar approvals

New Jersey road sign.

Atlantic City Electric, Jersey Central Power & Light and Rockland Electric Company seeking proposals for solar PV projects in order to secure Solar Renewable Energy Certificates.


Meyer Burger reaches settlement agreement with GT Advanced Technologies

Meyer Burger

GTAT has agreed to recognize the company's $35 million claim and assume ownership of equipment it had ordered before a soured deal with Apple allegedly forced it into bankruptcy.


A flood of bids in Germany's first round of PV tenders

The German flag

German authorities have reported 170 bids in the country's first call for tenders. The 150 MW tender volume was oversubscribed many times over. The contract awards will be announced within the next few days.


sPower secures $168m debt finance for 144 MW US solar projects

Salt Lake City.

The sustainable energy producer announces placement of $168.5 million in loans, approved by three investment banks, to back leverage investment for 25 solar assets.


NEXTracker agrees 105 MW supply deal with groSolar

groSolar ground-mount development in New Jersey.

Tracking specialist signs three-year deal to deliver its single axis trackers to groSolar's distributed generation solar projects across the U.S.


China could hit 20 GW of new solar this year, says Deutsche Bank

China's Qinghai province.

Analysts believe the country has the potential to exceed 20 GW of solar installations this year following a better-than-expected first quarter and improved policy outlook.


GE to invest in 42 MW Japanese solar farm

Downtown Nagano.

Industrial giant agrees to back the solar plant in Futtsu City, Japan, as the conglomerate builds on its commitment to invest in $1bn in renewable energy projects annually.


China: Cumulative installed PV topped 33 GW in March

Zhenfa 50 MW PV plant Golmud Qinghai, China

New installation completed in the first quarter of 2015 accounted for 5.05 GW. Eight provinces currently boast a cumulative PV capacity of more than 1 GW.


NRG bundles solar and water control system for California

Sprinklers controlled by Rachio.

Offering to be rolled out in regions ravaged by drought, bundling NRG Home's solar system with the Rachio Iro water controller, which is designed to help homeowners preserve water.


Andalay Solar narrows annual loss, increases revenue

Port of Long Beach, California

The California company's fourth-quarter bottom line was affected by module shipment delays caused by a labor dispute that slowed operations at West Coast ports last year. The company reports good progress in executing its new...


SunEdison, TerraForm finance 97 MW solar portfolio in UK

The 15.6 MW Pitworthy solar farm in Devon, England

Backed by £84.6 million in financing from Germany's Bayerische Landesbank, the companies closed financing for projects across the U.K. with the capacity to power 30,000 homes a year. EDF Energy entered signed a 15-year PPA for...


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