Latest headlines

Latin America records biggest utility-solar quarter

Honduras is set to be the second biggest solar PV market in Latin America this year

Latin America saw 363 MW of utility-scale solar PV come online in Q2, representing an 80% YOY increase, writes GTM Research. Overall, the region has a solar pipeline totaling 34 GW, with 981 MW entering construction in Q2.


NRG Energy narrows loss in Q2, revises residential outlook down

For the full year, NRG confirms an expected EBITDA of $3.2 billion to $3.4 billion

NRG Energy has recorded a relatively successful Q2 2015, with a marked improvement seen in its net losses. The U.S. energy giant has revised its residential solar market outlook down, due to increased market positioning...


US Clean Power Plan good for utility-scale solar, ignores distributed

Utility-scale solar is likely to benefit from the new rules

The EPA’s highly anticipated Clean Power Plan was unveiled yesterday. Utility-scale solar and wind have been handed a leading role in carbon reduction; distributed solar has not been included, and storage is seen as...


SolarWorld sees H1 solar shipment surge

SolarWorld is investing in production capacity expansions

SolarWorld AG has reported a surge in solar shipments in the first half of 2015, with revenue also on the up. In its preliminary results, the German manufacturing giant confirms its full year shipment forecast of over 1 GW, and a...


TerraForm Global raises $675 million in IPO

TerraForm Global's solar projects are located in China, India, South Africa, Honduras, Uruguay, Malaysia and Thailand

In its IPO, launched on July 31, SunEdison Inc.’s yieldco, TerraForm Global Inc. raised US$675 million through the sale of 45 million Class A shares on the NASDAQ stock exchange, priced at $15 each. An additional 6.75 million...


The pv magazine weekly news digest

Donald Trump.

Clinton trumps rivals, SolarCity and PERC are on the up and China is installing more solar than you can shake a stick at, but our dirty smalls could bring an end to life on earth as we know it.


Delay in United's 210 MW acquisition

Inner Mongolia.

Developer announces hitch in its $300m deal to buy Chinese plant portfolio. Details of the acquisition, due today, have been delayed by up to four weeks.


Developer wins lawsuit against Suntech

Cheng Kin Ming.

Shunfeng-owned Wuxi Suntech must reimburse ZKenergy with $38.5m and counting. Claim stems from broken module supply agreement.


Falling revenues, growing yieldco at SunPower Q2

SunPower module.

Major U.S. solar player SunPower has released its Q2 2015 results, in which it reports falling revenues both on a Y/Y and M/M basis, as it either holds completed projects on its books or drops them down into joint yieldco 8point3...


UK should taper off subsidies over five years

A solar project in the UK.

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.


The pv magazine weekly news digest

UK Chancellor George Osborne.

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.


Chinese players continue rearguard action

A stocks and shares board.

United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.


SkyPower to develop 1 GW of projects in Kenya

Nairobi.

Canadian developer will sign deal at trade summit in Nairobi on Sunday. The pipeline will cover the next five years and follows recent 6 GW commitments in Egypt and Nigeria.


LG Chem steals a march on Tesla

The Tesla Powerwall.

New 6.4 kWh storage system approaches $1,000/kWh price point. And the RESU is available within weeks, unlike the sold-out Powerwall.


Brazil: 20.6 GW of solar bidders for auction

Rio Grande do Norte.

National renewables auction hugely oversubscribed. PV project bids outpace 18 GW of wind schemes.


Hanergy cancels deals agreed with itself

Hanergy BIPV.

Complex Chinese company issues a typically opaque stock market update. Supply deal to supply itself with its own panels has been torn up.


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