Latest headlines

Santander launches $2bn renewable energy fund

House of Commons, London.

Spanish lender partners with two of Canada's largest pension funds to launch London-headquartered Cubico Sustainable Investment, a joint fund for renewable energy projects.


SolarMax confirms buyer

SolarMax inverters.

The insolvent inverter supplier has announced that an investor has purchased the company and that it will begin trading in June, complete with new service and product offerings.


The pv magazine weekly news digest

Tesla CEO Elon Musk.

This week it was all Tesla, Tesla, Tesla and, in other news: Tesla. Apparently Elon Musk has released some new product or other...


Clean energy from 'most polluted place in Israel'

Energix's Neo'ot Hovav solar project.

Former chemical waste sink has been capped and covered with solar panels. The 37.5 MW Ne'ot Hovav project was Israel's first large-scale, grid-connected solar project.


Chinese developer's $50m warchest

The flag of China.

United PV Group will raise funds from a convertible bond issue. Hong Kong-based developer will expand its 682 MW project portfolio.


Vikram Solar commissions 40 MW solar plant in India

Vikram Solar successfully commissioned this 40 MW solar plant in Madhya Pradesh, India.

Project in the state of Madhya Pradesh commissioned for IL&FS Energy Development Company Limited. Vikram also secures 10-year O&M contract for the plant.


From the Mag: a selection of stories from the May issue

Storm damage in NYC after hurricane sandy: extreme weather events are increasing in regularity, prompting demand for solar-backed microgrids, such as SolarCity's GridLogic.

pv magazine's May edition assesses the current solar climate in Indonesia, gets technical at China's smartest large-scale PV plant, and examines how SolarCity's new microgrid has already found an enrapt audience.


Enphase posts Q1 Y-O-Y revenue growth of 50%

Micro inverter from Enphase.

Microinverter specialist reports first quarter revenue of $86.7 million, shipping 162 MW of micro inverters, an increase of 74%.


Japan solar poised for cost-revenue parity, says JREF

Mount Fuji, Japan.

The country's solar sector is set to become profitable this quarter, says Japan Renewable Energy Foundation, ahead of July's FIT cuts.


SunEdison launches US PPA, announces new partnership & acquisition

U.S. city installation.

The U.S. renewable energy developer is to rollout its residential PPA across states. Company acquires LightWing and announces partnership with Evolve Solar.


EU to review China solar minimum price agreement

EU ProSun's Milan Nitzschke has been critical of Chinese practices in the European solar market.

Decision by European Commission to probe minimum import price on Chinese solar panels could force renewal of anti-dumping and anti-subsidy duties.


SolarCity narrows Q1 loss, beats installation forecast

SolarCity rooftop installation.

The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.


Global inverter market shrinks 4%, Asian suppliers gaining, says IHS

SMA service.

Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.


SolarCity secures $500m aggregation loan for distributed solar

SolarCity installation.

The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.


Tesla 'R' Us: more solar firms partner with the Powerwall

Tesla S, Powerwall in the home.

Tesla's breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.


Expected Q1 loss does little to diminish SunPower's positive outlook

SunPower large-scale installation.

The U.S. module manufacturer reports reduced revenues for the first quarter as the company diverts attention to inaugural yieldco venture with First Solar.


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