However, EIA data shows solar PV only making up 1.3% of total generation, a fraction of the portion in leading European nations.
Canadian Solar warns that the U.S. decision "in favor of one non-competitive PV manufacturer will cost tens and thousands of jobs across the entire U.S. solar industry."
China Development Bank, Macquarie and New Horizon will acquire a 45% stake in the Jinko Power division. JinkoSolar is revising its full-year 2014 project development guidance upwards as a result.
Solar Systems and Avelar Solar Technologies are set to build 10 new PV farms in southwestern Russia, while IES Holding is developing a 25 MW PV farm in the Orenburg region.
One of the largest in Southeast Asia, the solar power project will produce enough electricity to power 287,500 local households.
The Portuguese solar group has implemented a total of 29 MW in the country since 2012. The latest installation represents its sixth project with Rengy Development.
By acquiring the eighth-largest residential solar installer in the United States, Direct Energy and parent company Centrica plc have moved into the U.S. solar PV market. This is part of a trend of acquisitions in this space.
California Governor Brown signs MOU with Mexico to encourage cross-border renewable energy development
Non-binding agreement calls for work in renewable energy R&D, deployment and investments in infrastructure, as well as exploring grid integration between California and Baja California.
The District Court of Aachen has opened the main insolvency proceedings against the group due to its inability to meet its liabilities. Preliminary proceedings began in June at the request of a creditor.
CEO Tom Werner says SunPower's ownership strategy provides it with a return on investment from its technology while reducing the risk to potential buyers if it later sells the plant.
Although PV installations in Germany produce less electricity than onshore wind installations, they generate "significantly higher profits," according to a new report by the Fraunhofer Institute.
The Japanese company has established a mass production process for 156 by 156 mm solar cell products that have a conversion efficiency of 21%.
The Army's $7 billion Multiple Award Task Order Contract (MATOC) is aimed at power purchase agreements involving renewable or alternative energy projects greater than 10 MW.
The deal follows First Solar's move last year to invest $100 million in mega solar projects in the country. The XSOL agreement will also supply smaller-scale installations.
U.S. vertically integrated manufacturer SunPower has closed an agreement to finance $44.5 million of its solar leases. Hannon Armstrong Sustainable Infrastructure Capital (HASI) is providing the capital.
SolarWorld AG's preliminary business results for the first half of 2014 also reveal solid growth in module sales but below-par sales of complete systems.
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