Latest headlines

Renew Financial completes US$50 million securitization of PACE bonds

This is the company's first securitization, but is part of a trend of securitization of PACE bonds as a means to drive down the cost of capital.


Bosch acquires Silicon Valley battery startup Seeo

German auto parts giant Bosch has acquired Silicon Valley battery startup Seeo. Seeo has been attempting to move from lithium iron phosphate (LFP) cathodes towards nickel cobalt aluminium (NCA) to keep ahead of competition.


Construction underway on a 100 MW solar project in North Carolina

Principal Solar has partnered with Entropy Investments to build the project, which is larger than any operational solar plant east of the Rocky Mountains.


Honduras: 232 MW of PV projects receive three cent bonus

Eight solar PV projects in the Central American nation have received an additional US$0.03/kWh bonus for reaching completion by an August 1 deadline. Honduras' feed-in tariff is driving rapid solar market growth.


Solar can meet Western Australia's daytime power needs, says state minister

Residential PV array, Perth.

Energy Minister for WA Mike Nahan reveals staunch support for solar technology at Energy in WA conference; capacity of installed PV in Perth metro area expected to double over next few years.


Hanwha Q Cells increases Q2 profit by 20%

Hanwha Q Cells production.

Second quarter financials for the Korean solar firm reveal a steady performance, with module shipments up 12.2% and revenues reaching $338 million.


UK to propose drastic FIT cuts starting 2016

Rooftop solar PV installation, U.K.

Department of Energy and Climate Change (DECC) also proposing enforcement of default FIT degressions each quarter; STA labels review 'alarming'.


Solland Solar declared bankrupt

The Dutch solar manufacturer Solland Solar has been delcared bankrupt according to local Dutch media reports. Only in July did the company announce a PV cell deal with Trina Solar.


Uzbekistan breaks ground on 300 MW solar project

Uzbekistan.

$700 million project will culminate in completion of three solar plants in the nation by 2020, according to information released by state electricity firm Uzbekenergo.


India one of top three export markets for Chinese modules

The Chinese PV sector imported 12 GW of solar modules in the first half of 2015. Of this, over 6 GW were to Japan, India and the U.S. according to EnergyTrend's latest report. More consolidation is also in the horizon.


Foresight Solar Fund snaps up 34.7 MW UK solar farm

Solar installation, England.

Acquisition of the solar plant in English county of Wiltshire boosts company's net portfolio of British solar assets to 322 MW.


India's local content requirements violate global trade rules, finds WTO

Indian solar installation.

World Trade Organization rules against India in U.S.-led dispute over the country's local content requirements for its solar industry; government likely to appeal decision.


Solyndra misled government to secure $535m loan guarantee, investigation finds

Solyndra HQ, Fremont, California.

Four-year probe finds that the bankrupt solar company misrepresented facts and omitted key information in securing federal loan guarantee under stimulus program.


LDK Solar to supply 67MW for Thai PV project

LDK Solar will be supplying 67 MW of PV modules to a PV project in Thailand under a module supply agreement it signed with EA Solar Phitsanulok.


Victories for net metering in Nevada and Colorado

Regulators in the U.S. state of Nevada have extended net metering for new solar customers until the end of 2015, despite a cap being reached. Also, Colorado has ruled that it will not modify its net metering program.


Brazil qualifies over 11 GW of solar PV projects for upcoming auction

Brazilian authorities have pre-approved 341 solar PV projects for a reserve auction which will take place on August 28. However, even for the projects which are chosen significant barriers remain.


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