Latest headlines

France storage project highlights cost journey facing batteries in Europe

The energy storage installation at the Nice Grid pilot project comprises two Saft Intensium Max lithium-ion batteries.

Nice Grid pilot storage project by EDF's power grid unit ERDF reveals that the economic model of storage technology is not yet viable across most of Europe's main grids.

First Solar to sell 50 MW Ontario power plants

A First Solar installation in Ontario, in a photo taken from the air.

First Solar will sell its 50 MW solar project portfolio in Canada to an investment group led by GE Energy Financial Services, marking the first project deal between the firms since announcing their financial partnership.

'Fabless' manufacturing to prolong equipment downturn

A chart.

Tier one photovoltaic manufacturers are expected to access underutilized capacity to meet demand through 2014, further depressing the solar photovoltaic equipment market, NPD Solarbuzz reports.

Solon taps industry vets

The Arizona subsidiary of Berlin-based Solon has beefed up its management with former SunPower and PsomasFMG directors to oversee project finance and procurement and acquisitions.

Solar street light campaign kicks off for Cambodia

A solar street light.

A Singapore company has launched a crowdfunding campaign to raise funds for the installation of solar street lights along the roads in three Cambodian villages.

PV projects buoy Shikun & Binui's Q2 results

Israel, Ashalim

Construction of photovoltaic projects boosted the Israeli group's revenue in the second quarter. The renewable energy division was one of Shikun & Binui's strongest growing corporate segments.

UK: Martifer Solar to develop 50 MW of projects

A solar field in the UK.

Portugal-based photovoltaic developer Martifer Solar will develop 50 MW in the U.K. The projects will have an average size of 10 MW and will be located across five counties in the south of the country.

EIB provides $230 million for renewable energy in Central America

Guanacaste province, Costa Rica

The European Investment Bank has unveiled a funding program to support investment in renewable energy in six Central American countries. Costa Rica's ICE has already begun commercial and off-grid PV programs.

India: Andhra Pradesh introduces net metering for rooftop plants

Andhra Pradesh government, Hyderbad town hall

PV capacity continues to grow in India. The state of Andhra Pradesh has unveiled a net metering incentive program for both grid-connected and off-grid installations. Across the country, PV capacity grew by nearly 80 MW in July.

Goldpoly to acquire 400 MW of solar power assets in China

Hong Kong-based PV developer Goldpoly has signed a deal with GD Solar and other companies to purchase new solar power plants in China with an electricity generation capacity of 400 MW.

Energy auction in Brazil rescheduled to November

A Brazil flag.

Brazilian government has rescheduled to November 18 the renewable energy auction A-3, in which solar energy will participate for the first time. The previous date was October 25.

SunEdison plans to spinoff semiconductor operations

A SunEdison facility.

U.S. photovoltaic developer SunEdison announced today that its board of directors has unanimously decided to spin off its semiconductor operations, forming a new company SunEdison Semiconductor Inc. A minority stake in the...

REC proposes further measures to reduce debt

A REC manufacturing facility.

Norway’s Renewable Energy Corporation (REC) has proposed three new bond repurchase options today, pursuant on the company successfully splitting its operations silicon operations from its downstream solar business.

Switzerland plans radical solar subsidy cuts

The Swiss Solar Energy Professional Association (Swissolar) calls the government's plans for PV "catastrophic". Feed-in tariffs, payment duration and the separate category for integrated PV systems are on the chopping block....

Catalina project completed

The Catalina solar project.

The 110 MW AC (143 MWp) Catalina solar power plant has been completed, in Kern County, Southern California. Bechtel was the EPC on the project.

'Smart' solar market to grow to $15 billion by 2018

A smart grid.

The rapid growth of intelligent power systems for solar systems has been predicted in a new study from MarketsandMarkets. The report forecasts that the industry segment will grow from $6.51 billion in 2013 to over $15 billion in...

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