Latest headlines

Essel Green Energy snaps up 240 MW solar project in Indian state of Odisha

Indian flag.

The subsidiary of Essel Group has secured the bulk of a 270 MW tender issued by the Solar Energy Corporation of India in the state, marking the firm's largest solar PV project to date.

Germany's fifth solar auction allocates 130 MW to 25 projects

11.5 MW solar far in Helbra, Germany

The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.

Solar Mosaic raises $220 million in new funding

Solar Mosaic office

The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company's average loan amount is $30,000, with interest rates ranging between...

Heraeus Photovoltaics prevails in Taiwan patent ruling

Heraeus Photovoltaics' conductive paste

While litigation in a patent dispute with Giga Solar Materials Corporation is still pending, the Taiwan Intellectual Property Court has confirmed the validity of the German company's patent for its conductive paste.

China: XRMC unveils new 7.27 MW rooftop project in Xi'an

CCCC subsidiary Xi’an Road Construction Machinery Co., Ltd. (XRMC)

The grid-connected solar PV project is a first for parent group China Communication Construction and marks the company's increased focus on renewable energy.

Renova completes 19 MW in southwestern Japan

Renova's Kokonoe Solar plant in Oita, Japan

Although completed in May, the array had to undergo maintenance following an earthquake in April. The Japanese company is set to expand its solar portfolio from 190 MW to more than 300 MW.

TÜV Rheinland launches certification program in Japan

TÜV Rheinland PV module testing

The German organization designed the new program for distributed commercial PV systems in the country.

Battery storage set to strengthen South Australian grid

Rooftop PV system, South Australia

Energy giant AGL and the Australian Renewable Energy Agency are launching a 5 MW battery storage "virtual power plant" in South Australia with the aim of boosting grid stability, reducing power price volatility and supporting...

Amtech reports dip in quarterly solar equipment orders and revenues

The equipment maker’s most recent quarter ending June 30 represents a slow-down from the previous quarter, but nine-month figures still show growth from a year ago.

Brazil: Rio Grande do Sul provides credit lines for renewables

Brazil's national flag. Flickr image by Leandros World Tour.

Renewable energy projects will be able to access the credit lines of BRDE and Badesul, as part of a series of measures implemented by the regional government to promote renewables.

Capital Stage to take over Chorus Clean Energy

Chorus PV plant, Riechelbach, Germany

Chorus is advising its shareholders to accept the takeover offer from Capital Stage, which Capital Stage, which currently operates 600 MW of solar and wind assets in Europe.

Israel advances bill to cut rooftop solar tax

Israeli Knesset

The legislation aims to encourage investment in renewable energy. Supporters say the bill will help Israeli households generate clean energy and reduce their costs of living while increasing solar power generation in the...

Vector Cuatro opens new office in Chile

Solar PV plant, Vector Cuatro

The Spanish solar PV technical advisory group is expanding operations in Latin America, citing strong growth in the region. The company, part of Italy's Falck Renewables Group, has 10 offices worldwide.

DESRI acquires 11 MW California PV project

The Sacramento Kings

The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.

Phoenix Solar posts 34% revenue increase, narrows net loss

Phoenix Solar Messe Muenchen rooftop solar PV array

The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.

First Solar reports strong Q2 results

While barely remaining in the black due to restructuring charges, First Solar reported 100% capacity utilization and increased revenues during Q2.

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