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2016

Greenheart Tree Energy eyes solar development in Guyana

The Guyanese government has welcomed proposals by the Canadian company to develop solar farms in the South American counttry.

Solargiga boosts 2015 revenue, shipments

Solargiga saw a sharp increase in the sale of generated electricity. The Chinese company is in the process of doubling its PV module production capacity.

WFES: Jordan to add 250 MW of PV as ABB, Masdar move in

Swiss power technology producer ABB announces involvement in two 50 MW PV plants in Jordan, while UAE’s Masdar to sign agreement to build 200 MW PV plant in the country.

Asia Clean Capital secures $40 million in financing

The group will accelerate and expand its rooftop solar solutions business in China, where it covers the cost of designing, engineering, installing and maintaining solar installations for leading companies.

India: Solar capacity passes 5 GW, 750 MW project receives IFC support

India’s cumulative solar capacity has surpassed 5 GW, with 1.385 GW installed this financial year. Around 18 GW in tenders are expected to be out by March 31. In related news, World Bank Group member, IFC has pledged its support to help fund the 750 MW Rewa ultra-mega solar power project in Madhya Pradesh.

First Tesla Powerwall operational in Australia under Energex solar battery trial

Queensland has seen the first Tesla Powerwall home battery switched on in Australia under Energex’s battery storage trial, launched today by State Premier, Annastacia Palaszczuk.

SPI to begin trading on Nasdaq

SPI Energy Co. Ltd is transferring to the Nasdaq Global Select Market for trading from January 19, 2016, under the ticker symbol “SPI”. Chairman, Peng Xiaofeng is expected to ring the bell in New York.

WFES: Off Grid Electric and BYD big winners at Zayed Future Energy Prize awards

Opening ceremony for the World Future Energy Summit outlines renewable energy challenges and announces winners of Zayed Future Energy Prize.

Shunfeng warns of 90% profit decrease, completes Suniva acquisition

In a busy week for Shunfeng International Clean Energy Limited, the Chinese company has issued a 2015 profit warning, where it expects consolidated profit to fall 90% YoY. It also now officially owns a 63% stake in Suniva; and has seen a 33 MW Australian solar project shortlisted for the next stage of competitive bidding.

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SMA launches Tesla-compatible home storage inverter to capitalize on high demand potential

SMA Solar Technology AG has launched what it says is the first AC-coupled inverter system for high-voltage batteries. It is hoping to tap into a storage application market worth up to EUR1.2 billion. The Sunny Boy Storage will be available from March in first Germany, and then other, key markets.

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