Latest headlines

Comtec sees strong demand for monocrystalline, despite huge net loss

Like Longi, Comtec sees strong demand for monocrystalline solar products

Comtec Solar Systems Group Limited has seen its net loss for 1H 2015 plummet, despite increasing revenues. It is confident, however, the market for its monocrystalline wafers is strong.

Greenskies finalizes finance for $165m US solar projects


The Connecticut-based solar integrator has closed a $165 million financial package with First Niagara Financial Group for the development of 127 solar projects in 12 U.S. states.

Suntech agrees 200 MW Indian supply deal with Adani

Suntech solar panel production.

Collaboration follows last month's 9.3 MW project, and will see the Chinese solar power company supply 200 MW of panels for a solar project in India's Tamil Nadu state.

Invenergy's storage project shortlisted for Innovation Award

Chicago-based Invenergy's Grand Ridge energy storage project has been shortlisted as a finalist for the 2015 Innovation Award. The lithium storage project has been operational since May this year.

China's PV manufacturing output surpasses $31bn in first half of year

Trina Solar production.

Country's Ministry of Industry and Information Technology (MIIT) confirms January-June period generated 200 billion yuan of output value in the solar PV sector, outstripping 2014's performance.

India: 100 MW bid opens in Uttar Pradesh

India's energy conglomerate NTPC has invited bidding for its 100 MW of solar projects in the state of Uttar Pradesh. This is part of NTPC's commitment to develop 10,000 MW of renewable energy by 2020.

SMA bags 700 MW inverter order

Inverter manufacturer, SMA has received a 700 MW order from Swinerton Renewable Energy. The company's central inverters will be deployed in seven PV projects in California.

Canadian Solar results dip slightly during Q2, preparations for yieldco continue

Canadian Solar retained a healthy margin and profit in its latest quarterly results, and reported strong operational results, despite shipments below guidance. The company says it is progressing towards establishing a yieldco...

Natcore swaps silver for aluminum in solar cells

Nacore Technology has eliminated silver from a solar cell

In what is expected to bring "substantial" cost savings to the industry, Natcore technology Inc. says it has successfully swapped silver for aluminum in its solar cells. A provisional patent application will now be filed.

Turkish investor acquires Solarion

CIGS thin film PV manufacturer, Solarion, has been resuced again

Turkish company, OC3 AG has acquired Solarion AG, thus marking the second time the German photovoltaic manufacturer has been successfully rescued from the brink of insolvency. Solarion’s Leipzig base is to be retained, as are all...

Panasonic at the reins of EV battery market

The latest Lux Research market report on energy storage puts Panasonic as the company currently leading the battery landscape for plug-in vehicles. Lux Research expects this market segment to be worth $30 billion in 2020.

Trina ups FY shipping guidance on back of 'strongest ever quarter'

Trina expects to increase solar PV module capacity from 4.4 GW to 4.8 GW this year

Trina Solar has recorded its "strongest ever" quarter, having achieved record results in Q2 2015. On the back of this, the Chinese solar company has upped its FY shipping guidance to 4.9 to 5.1 GW. It has also announced increased...

Hareon Solar announces third Indian investment

India has revealed how it plans to achieve its 100 GW solar PV goals by 2022

Hareon Solar has unveiled new solar plans in India – the third investment announcement since its foray into the budding solar market in July. Under the new partnership, the Chinese company will work with Nereus Capital and...

India: Neyveli Lignite to develop 600 MW of PV plants

Tamil Nadu-based lignite mining giant, Neyveli Lignite will be setting up 600 MW of PV plants as part of the move to increase its total power generation capacity.

Phoenix Solar to build 6 PV plants in Turkey

Turkey is targeting 5 GW of solar PV installations by 2023

Phoenix Solar AG will build six solar PV plants in Turkey totaling 6.9 MWp. Construction is to begin immediately, with the plants scheduled to be operational by year end.

SunEdison forms $1 billion investment vehicle with Goldman Sachs

SunEdison is spreading its renewable energy wings even further

SunEdison has formed a US$1 billion warehouse investment vehicle with investment funds managed by Goldman Sachs. There is the possibility to expand this to $2 billion. If exercised, this would bring the renewable energy giant’s...

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