Latest headlines

'Second-life' EV batteries could drive low-cost storage sector, says BNEF report

Mercedes-Benz has already begun exploring ways to repurpose its used EV batteries for stationary storage projects.

According to Bloomberg New Energy Finance, used electric vehicle batteries will amount to 29 GWh by 2025, with around one-third of that total viable for second life use as low-cost, stationary storage.

Significant rise in polysilicon selling price sees Daqo post strong Q2 financials

High-purity polysilicon.

The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result...

BayWa's midway financials boosted by company's renewable energy business

BayWa r.e.'s Rose Crown solar park in UK.

The Germany company saw a significant rise in EBIT over the same period from last year, which it puts down to its renewable energies business and its fruit business, while also citing causes for optimism over the second half of...

Yingli's preliminary Q2 results showing positive signs

Yingli PV production. Images by Yingli Green Energy.

China's Yingli Green Energy likely surpassed its guidance for PV module shipments in the second quarter, but expects to post a slightly lower gross margin than in the preceding three-month period.

Vivint Solar bounces back in Q2 results

In results for its first full quarter since the failed merger of Vivint Solar and SunEdison, the residential solar installer reports recovery and record low costs.

Hareon Solar Technology investing in its PV business operations

China national flag. Flickr image Renato Ganoza.

The Chinese firm, which survived a damaging lawsuit earlier in the year, is now ready to invest one again in its PV operations, with the announcement of 51 million yuan to be used to set up two new sub-units.

Russia's Solar Energy given the all clear to develop 90 MW of solar plants

Moscow, Russia.

The Russian solar group has been granted to right to build six solar power plants, each with a 15 MW capacity, in Russia's southern Astrakhan Region, according to a statement from the regional government.

SECI hands out PPAs for 80 MW of solar in India

Gujarat Solar PV Park, India. Image by Gujarat Solar Park.

India's impressive solar deployment drive continued over the weekend, as Gujarat Industries Power Company (GIPCL) signed PPAs with the Solar Energy Corporation of India (SECI) for two 40 MW solar PV plants at the Gujarat Solar...

DP Energy secures approval to develop 375MW of solar, wind in Australia

Australian outback. Flickr image by Anniemullinsuk.

The state authorities in South Australia have given the Irish developer the green light to move forward with the A$680M ($517.7m) project, which will be built in Port Augusta.

Solar empires: The pv magazine USA weekly news roundup

Today we bring you the first weekly collection of stories from the new pv magazine USA website.

Apple to sell power from renewables on the U.S. wholesale market

U.S. Federal regulators have approved the technology company’s application to become an independent power producer.

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.

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