Japanese demand for PV modules is exploding and the country is on track to become the second-largest solar market in the world behind China. Looming FIT cuts are unlikely to curb demand in the next two years, says EnergyTrend.
In a move that will improve its domestic business operations, LDK Solar has secured an onshore credit facility of up to $256 million. The company's offshore operations remain unable to meet short-term liabilities, however.
With construction underway on its first thin film plant and a new distribution deal for its TetraSun crystalline silicon modules, First Solar is set to expand operations in Japan despite the country's long aversion to cadmium.
For German PV company IBC Solar, the first turnkey project in Portugal underscores the group's growing international presence while garnering praise from local leaders.
In taking over the majority of Bosch Solar Energy, Germany's SolarWorld secures a high-performance cell production plant that boosts its overall production capacity to more than 1 GW. SolarWorld will keep some 800 Bosch employees.
At the Off-Grid PV workshop on the second day of the Forum Solarpraxis conference in Berlin on Friday experts discussed the opportunities, obstacles and trends of the market.
Conergy teams up with U.K. partner Camborne Energy to sell 40 MW of solar farms to investors, while also securing full EPC rights for 90 MW project pipeline.
The leading California-based independent PV developer and its German partner are jointly developing and building the Woodmere Solar Farm. The utility-scale facility is expected to begin operation in 2015.
The British solar company has been selected to engineer, procure and construct (EPC) the plant, which is owned by Belltown Power company.
In a new report, Australia's Renewable Energy Certificates Agents Association finds that the country's Small-scale Renewable Energy Scheme is acheiving its intended purspose and calls for it to remain unchanged.
A PV pipeline in excess of 43 GW represents 7% growth in a year, propelling the U.S. to third-place in 2014 installation projections, behind China and Japan, reports NPD Solarbuzz.
The solar installation will be implemented with the assistance of local firm Multitech, and should begin commercial operation in mid-2014.
A new study by the Pecan Street Research Institute has found that west-facing solar systems in the U.S. state of Texas reduce peak demand from the grid by up to 65% while south-facing arrays result in a 54% drop.
Charge would strangle the growing self consumption market, say attendees at the 14th Forum Solarpraxis. Policy support is needed to drive solar and storage costs must come down say solar representatives.
Jens Ulltveit-Moe has been niminated as chairman of the new REC Silicon business, which will officially start operations on December 1. The nominations will be voted on at an extraordinary general meeting next Friday.
UK start-up New Wave Energy is developing the UAV technology to enable the construction of aerial renewables projects. The ambitious company wants to raise an initial $500,000 through crowd funding.
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