Latest headlines

China wants to hit 100 GW of solar this year

The flag of China.

Target was announced by energy official Nur Bekri to parliament. Government aims to rein in coal in favor of natural gas, wind and solar.


Grid opens offering to more low-income households

A SolarCity rooftop being installed.

Non-profit installer has become a channel partner for Clean Power Finance. This week also saw SolarCity expand into its 16th state.


SPI Solar's $1.6bn credit line

Money.

China-focused developer secures three new lines of credit. Cries of unfair state subsidy support are likely to ring loud again.


Canadian Solar reports record-breaking year

Canadian Solar Chairman and CEO Shawn Qu

The company announced major increases in sales and net profit last year. The recent acquisition of Recurrent Energy, meanwhile, will expand its total project pipeline to 8.5 GW. Some 2.4 GW of late-stage projects represent a...


SunEdison acquires Solar Grid Storage

Solar Grid Storage energy storage unit

The Pennsylvania-based energy storage and PV company brings its projects, pipeline and personnel to SunEdison, allowing it to now offer battery storage solutions to complement solar and wind projects worldwide.


Vivint Solar quadruples revenue, triples loss in 2014

Vivint Solar headquarters

The Utah-based company, whose net loss attributable to stockholders per share was $0.35, is expanding downstream operations and expects to install 290 to 310 MW this year.


NVI Energy's Solar4Africa: 'One-stop-shop' funding

NVI Energy's "pay-as-you-use" solar plant at Cheli and Peacock's Tortilis Camp in Kenya's Amboseli National Park.

It could be posited with reason that the off-grid solar market is still one that is finding its feet, and still in the period that all new industries go through as it tries to make sense of how it can best serve its market....


MENA: Adenium Energy Capital, Enerwhere sign $10 million investment deal for mobile solar systems

Enerwhere's mobile solar power system

The two Dubai-based companies are teaming up to deploy Enerwhere's fleet of mobile solar power systems, which can provide power to construction sites, industrial locations and worker accommodation facilities around the Middle...


ReneSola increases sales, narrows loss in 2014

ReneSola - solar cell inspection

The Chinese company continued to shift its focus to retail-oriented and commercial customers with bundled services and downstream projects last year.


Trina boosts annual revenue, profit

Trina Chairman and CEO Jifan Gao

The Chinese solar giant expects a 20% to 26% increase in module shipments of between 4.4 GW and 4.6 GW this year, including some 750 MW aimed at its own downstream projects.


China Sunergy publishes delayed Q2 results, reports revenue increase

China Sunergy building

The Chinese manufacturer reports good business in Europe and Asia, thanks to its global manufacturing base and sales network, and strong sequential shipment growth in the second quarter.


Egyptian investment bank to support renewable energy development

Nile River, Egypt

With its economy improving and energy demand growing, Egypt's renewable energy sector is attracting increasing attention from local and foreign investors with ambitious plans.


JinkoSolar 2014 net profit soars, Q4 earnings up 50%

JinkoSolar rooftop installations

Falling oil prices won't affect PV growth, says CEO Kangping Chen, who points out that "mounting concern over the environment has been one of the driving factors behind increased solar demand in many key markets, China in...


Indian state utility NTPC given green light for 15 GW solar plan

Solar park, Gujarat.

Government approves utility's proposal, which would see three separate tranches rolled out in 3 GW, 5 GW and 7 GW segments.


REC post $180m in Q4 revenue, extends US supply deal with Sunrun

Sunrun installation

The Norwegian solar group saw stronger sales in Europe and the U.S., which boosted module sales by 18.5% over the previous quarter. The company also extended its existing supply deal Stateside with residential solar group Sunrun.


First Solar Q4 earnings more than double, ahead of red ink in Q1

First Solar thin-film modules, Malaysia

Thanks to the completion of several large-scale projects at the end of last year, leading thin-film module maker First Solar saw fourth-quarter earnings more than double to $1.89 per share compared with the third quarter on 13%...


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