The Korean group announces project that will see the small islet of Jukdo turned into a 100% solar-powered community, replacing the four diesel generators that currently provide power.
The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.
Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.
The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.
Tesla's breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
The U.S. module manufacturer reports reduced revenues for the first quarter as the company diverts attention to inaugural yieldco venture with First Solar.
The International Energy Agency presented its Energy Technology Perspectives 2015 report in Paris on Monday, which calls for a tripling of public spending on low-carbon technology R&D.
The agreements, signed with five companies from Egypt, Saudi Arabia and the United Arab Emirates, include 220 MW of solar and 100 MW of wind and are valued at $500 million.
Solar energy generated enough power in the month of April to meet the electricity and hot water needs of homes fitted with solar panels, prompting reports that it could soon be possible to completely power the country with PV.
The tracking specialist will supply its state-of-the-art trackers to the 70 MW Moree Plains solar project in New South Wales, project is largest tracking solar installation in Australia.
The company's launch of its new yieldco joint venture impacted its bottom line as the group moved through a "transitional period." First Solar expects to be back in the black in Q2 with sales of between $750 and $850 million.
The five-day, five-night flight between China and Hawaii is a time for nervous anticipation, says pilot tasked with the leg, Andre Borschberg. Takeoff scheduled for Thursday, May 8.
The First Solar-backed company, which has completed a pilot program in Kenya, offers customers the opportunity to pre-purchase electricity for commercial and residential use through mobile banking services.
U.S. inverter supplier Fronius announces partnership with Tesla's Powerwall home storage system. Sunrun subsidiary AEE Solar set to offer battery with its solar system package.
Powerwall home battery and Powerpack commercial battery unveiled by Elon Musk last night could prove game changing for domestic and business storage.
Bump in the road result of weak investor confidence in face of absent government subsidy, forcing French developer to postpone IPO.
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