Latest headlines

TerraForm Power holds on to SunEdison staff, changes terms on notes

The changes in terms on notes also include a requirement that companies buying up TerraForm stock take over the notes.

US home solar loans at 6.5%

The California skyline.

San Francisco-based Dividend Solar has launched an affordable loan for residential solar. The EmpowerPortal loan permits residents to claim a 30% federal tax credit.

SunEdison to supply solar power to Chilean copper mine

Los Pelambres copper mine, Chile

TerraForm Power plans to buy the 69.5 MW Javiera solar facility when completed next year. The plant will supply Los Pelambres copper mine in the Coquimbo Region through the Central Interconnected System.

Conergy acquires 18 MW in UK solar projects

Conergy 5 MW plant in Cornwall, UK

The solar company has purchased two new PV projects, a 13.5 MW installation in South Wales and a 4.45 MW array in Cornwall, England.

Wuxi Suntech to invest $2.5 billion in Japanese expansion

The revitalized Chinese group is looking to build large-scale solar plants in Japan and sell power to electric companies through the feed-in program.

Russia set to join IRENA

IRENA Fourth Assembly, January 2014

While the Russian government has yet to notify the Agency, IRENA tells pv magazine it encourages all U.N. member states to join the organization.

Activ Solar rejects Crimean government claims

Active Solar's 31.55 MW PV installation in Ukraine

The Austrian solar company tells pv magazine that it has no assets in Crimea nor any related debts to Russian banks, describing reports that it owes $300 million to Russian banks as "incorrect."

FRV says Australian solar pipeline worthless if RET changed

Rafael Benjumea, CEO of Spanish developer FRV.

Interview: Rafael Benjumea, CEO of Spanish developer FRV, warns that implementation of Australia's RET Review recommendations will discourage investment in the country's solar industry.

Mexican PV project to light up Chihuahua

Chihuahua City, Mexico

The 33 MW-AC plant is being developed by SDC Energreen Aljaval, a joint venture between Mexico's Energreen and Spanish group Aljaval, which is developing more than 300 MW of PV across the country.

France's PV market recovers in the first half of 2014

The latest French government figures show solar PV market recovery continuing in the second quarter of 2014, led by large projects. During the quarter the nation surpassed 5 GW of installed PV.

Tesla’s battery Gigafactory likely to result in over 50% oversupply

A Tesla.

New research from Lux Research makes the prediction that the Tesla Motors/Panasonic 35 GW lithium-ion battery production will result in 50% overproduction. The scenario will likely occur, says Lux, as Tesla misses its target of...

India rejects anti-dumping: Industry reaction

Indian flag.

Despite disappointing some manufacturers, the decision by the Indian government not to introduce AD tariffs could prove positive for many local players.

European Council ups 2030 renewables target to 30%

European Union flags.

The new target, an increase on the previous 27% goal, is welcomed by the solar industry, but draws criticism for failing to introduce binding commitments.

TBEA Sunoasis reveals plus-1 GW Chinese PV plans

30 MW installation, Xinjiang province.

The Chinese PV manufacturer and integrator has signed a development framework deal with Xinjiang and Inner Mongolia authorities to develop more than 1 GW of PV projects.

Trina Solar acquires 90% stake in Yunnan Metallurgical New Energy

Yunnan province, China.

The Chinese solar company has signed a share purchase agreement for a 90% stake in the company, and will work on a 300 MW PV project in China's southern Yunnan province.

Mercom Capital lowers 2014 guidance for India to 900 MW

Solar PV installation in Indian village.

Delays caused by anti-dumping discussions prompt Mercom to revise downward slightly its forecast for Indian solar PV in 2014.

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