Latest headlines

Dispute over arbitration location causes stumbling block for PV projects in Egypt

Great Sphinx of Giza Pyramid of Menkaure. Cairo, Egypt. Photo by Mstyslav Chernov.

A dispute has emerged between the Egyptian Electricity Transmission Company and international lenders and developers over the arbitration venue for PV projects that are being developed in the country, which could lead to delays...

India confirms it will file 16 solar cases against US under WTO dispute

India solar.

Country's commerce and industry minister Nirmala Sitharaman confirms that the government will press ahead with plans to file 16 cases against the U.S. for violating World Trade Organization treaties on clean energy.

SkyPower partners with BYD to enter into 750 MW PV+storage tender in India

By implementing energy storage systems, Indian government intends to make it possible to transfer solar energy between states

Canadian SkyPower and Chinese BYD will submit a joined bid in the upcoming 750 MW solar+storage tender in India.

SunEdison delays quarterly filing, parts ways with CFO

SunEdison installation.

First quarter financial report will be delayed as SunEdison teminates the employment of chief financial officer Brian Wuebbels. Yieldco TerraForm Global receives 90-day notice to issue its 2015 annual report.

Sunrun reports strong growth in Q1 results

While the third-party solar company was hit in Q1 by changes to net metering policies in several states, the company’s results showed strong growth and positive trends.

The U.S. Department of Energy’s EIA projections continue to miss the mark

Solar industry legend Jigar Shah says the Department of Energy’s EIA is misinforming global decision makers, and that the failure in its estimates is “criminal”.

Italian Eni to build 420 MW of renewables in Italy, Egypt and Pakistan

Eni is planning to revive at least 400 hectares of industrial sites in Italy, turning them into large-scale PV plants

Italian energy company Eni is planning to build up to 200 MW of PV near its own facilities in Egypt and Pakistan, and turn abandoned industrial areas in Italy into 220 MW of clean energy projects.

Manz AG’s energy storage segment drives growth in Q1

Manz AG FPD equipment

German hi-tech equipment manufacturer Manz AG posted promising first quarter financial results, as revenues rise 19.5%, mainly driven by a significant increase in its energy storage segment.

STA launches online survey to diagnose UK’s solar business health

STA is aiming to provide policymakers and the public with a clear picture of what is actually going on in the national solar market

The STA and PwC launch an online survey to analyze the U.K. solar industry after major changes in the policy framework.

SMA clings to global inverter top spot, but Chinese rivals closing, says IHS

SMA inverter installation.

The German inverter supplier maintained a steady lead at the top of the global PV inverter revenue chart, but China's Huawei and Sungrow, as well as Israeli firm SolarEdge, are closing in.

SolarWorld registers 42% Q1 revenue increase Y/Y, but losses widen to EUR 20 million

SolarWorld CEO Frank Asbeck

Germany's SolarWorld posts EUR 212.63 revenue for the first quarter of 2016, but losses widen year-over-year to EUR 20.8 million. U.S. demand fuels large shipment increase.

PSE&G files to build 100 MW-DC more solar in New Jersey

The New Jersey utility plans to invest $275 million to triple the amount of solar that it owns on landfills and brownfields through its Solar 4 All program.

33.1 MW PV project wins in Jamaican renewable energy auction

Once completed, the 33.1 MW solar park will become the largest solar plant in Jamaica

The Jamaican Office of Utilities Regulation has selected Eight Rivers Energy Company as the preferred bidder to build, own and operate a 33.1 MW PV plant at Paradise Park, Westmoreland.

Indian Rays Power Infra completes 11.5 MW PV plant in Telangana

Rays Power Infra and USA-based Hilliard Energy  are planning develop 150 MW of PV projects within 12 months

Rays Power Infra has commissioned a 11.5 MW PV plant in Indian Telangana state, first part of its 150 MW pipeline scheduled for the next 11 months.

Delayed Yingli financials reveal 2015 net loss of $864 million, debts of $1.8bn

Yingli fab.

The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.

Canadian Solar earnings slip 63% sequentially in Q1, beats expectations for quarter

Canadian Solar CEO Shawn Qu.

The Chinese solar firm achieved net income of $22.6 million in the first quarter, down by 63% on Q4 2015, but $721.4 million revenue beat Q1 guidance, which ranged between $645 million and $695 million.

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