Latest headlines

Chinese-owned Elkem to buy REC Solar

REC Solar's production facilities in Singapore.

Bluestar Elkem, a division of the state-owned China National Chemical Corporation, has made an offer to buy the Norwegian PV module manufacturer for $640 million in a move that could secure a European beachhead for a major...


Hanwha SolarOne achieves record third-quarter shipments while redudcing net loss

Hanwha SolarOne factory

Hanwha SolarOne on Friday reported record third-quarter shipments and an increase in revenue despite lower overall prices. While the Shanghai-based PV manufacturer remained in the red, it nevertheless managed to cut its loss by...


Tesla looking to build battery fab in Germany, in talks to partner with BMW

BMWi production in Leipzig, Germany

In an interview with Germany's Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.


UK government refuses to intervene in solar farm plans

Secretary of state for communities and local government Eric Pickles.

Secretary of state Eric Pickles refused to be drawn into the planning application for a 15-16 MW farm in Cumbria but is very much an interventionist when it comes to applications in the Tory heartlands in the south east of...


Policy uncertainty paralyzes large-scale Down Under

Sydney Harbour.

While rooftop solar is powering ahead, large-scale projects are at a standstill in Australia. Less than 200 MW of large-scale renewable projects were approved this year.


Minister delights Indian expo with 100 GW eight-year aim

The flag of India.

Jaw-dropping figure, mentioned 24 hours before Intersolar India opened, divided opinion between those who see it as a pipe dream and Narendra Modi's enthusiastic solar supporters.


Amtech lands order for PV manufacturing equipment

Amtech Systems.

PV manufacturing equipment, including PECVD, will be supplied to Mission Solar Energy. News was released shortly after a mixed trading update from Amtech.


Sunnova raises $250 million in funding round

The third-party solar provider notes that this is the largest funding round by a residential solar service company in the United States, and brings its total funding to half a billion dollars.


JinkoSolar posts third-quarter increases in sales, profit as it reviews sale of downstream biz

JinkoSolar rooftop solar

The company currently has 15 projects totaling 488.5 MW under construction. It is also planning to gradually increase its percentage of distributed generation project construction in 2015. For the full year, JinkoSolar expects...


Renovate America and 400 Capital complete $129 million PACE securitization

This is the second securitization of residential PACE bonds by the two companies, for a total value of $233 million.


US Ex-Im Bank signs $1 billion agreement to support clean energy exports to India

Indian Prime Minister Narendra Modi

Ex-Im Bank Chairman Hochberg Signs $1 Billion Memorandum of Understanding to Support U.S. Clean Energy Exports to India Announces the MOU at the India-US Technology Summit in Noida


JA Solar scores 55.6% module shipment increase in Q3

JA Solar HQ.

The Chinese solar producer also posted net revenues of $492.2 million, up 25% on Q2 and a huge 71.8% rise on last year's figures.


JinkoSolar sells 45% stake in downstream unit for $225 million

JinkoSolar PV installation, China

The Shanghai-based company will spin off Jinko Power following separate agreements with China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital.


SunEdison and TerraForm Power buy First Wind

SunEdison says that the US$2.4 billion acquisition will make it the world's largest renewable energy developer, and will give TerraForm Power 521 MW of additional operating wind and PV plants.


Capital Stage could double generation portfolio

Hamburg Capital stage.

The German developer has signed a 20-year strategic financing deal with the Gothaer Group. Purchase of solar parks could double Capital's 313 MW portfolio.


China Sunergy financing deal in Turkey

China Sunergy's Istanbul-Tuzla module plant.

Chinese manufacturer will develop projects of up to 100 MW in Turkey with financing from DenizBank. The Chinese company last month started shipments of its Turkish-made modules to the US.


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