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SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

16. October 2015 | | One comment

Texas grid operator predicts 50-fold increase in solar by 2030

An ERCOT report on new federal regulations predicts that the state's installed solar capacity will grow to 13 GW by 2030, even without new EPA rules.

Hawaii shuts down net metering to new customers

While immediately closing net metering, Hawaiian regulators also published new rules for self-consumption and an order for HECO to create “time-of-use” rates.

12. October 2015 | | Comment now

Neo Solar Power produces 21.1% efficient mono-PERC solar cell

NSP will show the new PERC cell at the PV Taiwan trade show this week, and the product will be ready for engineering sampling at the end of 2015.

Bosch exits PV with thin film closure

With the closure of Bosch Solar CISTech, Bosch is completely out of the PV game

Marking its exit from the PV industry, Bosch has announced it will close thin film PV development site, Bosch Solar CISTech GmbH, having failed to find a suitable investor. An exact date for the closure has not been given. 180...

The pv magazine weekly news digest

Fraunhofer solar cell research.

The race for solar panel efficiency heats up, SunEdison goes for a more streamlined model, Europe wants to nip the MIP in the bud, and Germany lends a helping hand to India.

1366 chooses New York to build its first commercial-scale wafer facility

After years of delays, 1366 Technologies has announced plans to break ground on the factory to produce its proprietary Direct Wafers no later than the second quarter of 2016.

All Energy 2015: Evolving diesel gensets clear path for PV mining applications

Mining solar

Low loads diesel gensets could open the way for higher levels of solar PV deployment at mine sites. A new study has revealed how the modified gensets can buffer solar arrays in the resource sector, saving energy costs for mine...

Update: SunEdison to cut 15% of global workforce

SunEdison has seen its share value slide around 80% this year

Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.

SunEdison to streamline business operations, rumors of job cuts

SunEdison's acquisition of residential solar company, Vivint Solar has been seen as strange by some, given its utility-scale focus

Global renewable energy giant SunEdison has said it will streamline its business operations. A presentation has been scheduled for Wednesday, where the CEO is expected to discuss the new plans. Media reports have indicated the...

SolarCity to begin production of >22% efficient PV modules this month

Calling it the “world's most efficient rooftop solar panel”, the company says it will produce PV modules with greater than 22% efficiency at a pilot facility.

Austin, Texas to procure up to 300 MW of solar now, another 300 MW later

Today the Austin City Council meets to consider two sets of contracts, but the decision appears to be a done deal. More than 600 MW of bids came in at under five US cents per kWh.

SMA surpasses 1 GW inverter milestone in Japan

SMA solar inverter production.

The German inverter manufacturer becomes the first non-Japanese supplier to reach this milestone. Local presence in market since 2011 has delivered constant growth drivers.

Joint Sunpower/First Solar yieldco reports solid quarterly results

In its first quarterly results since becoming a public company, 8point3 reported strong results, in contrast to the poor stock performance for yieldcos across the board.

NEXTracker completes 110 MW shipment to SunEdison Chile solar farm

Nextracker installation.

Supply of Self-Powered Trackers to the 110 MW Quilapilun power plant in Chile now complete; SunEdison developing the project, which is set to become the company's largest in South America.

Arkansas approves power contract for 81 MW solar PV project

The Stuttgart Solar project will be the first large-scale solar plant to be built in the state. The project is planned to be completed no later than mid-2019.

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