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South Africa: SunEdison wins solar contracts worth 371 MW, juwi working on 86 MW project

In separate announcements, U.S.-based SunEdison said it has won contracts for solar projects totaling 371 MW, while Germany’s juwi has begun construction on an 86 MW PV plant.

Canadian Solar secures financing for 40 MW solar portfolio

Canadian Solar Inc. has it secured US$53 million in project financing from Investec Bank plc for four solar PV plants totaling 40.2 MW in England. It also again mentioned the formation of a yieldco in the coming months.

G7 leaders to aim for carbon-free economy by end of century

Leaders of G7 countries back global greenhouse gas reductions by between 40-70% by 2050, with full decarbonization of global economy by end of century.

Suntech announces 1 GW poly PERC plans

Chinese manufacturer Suntech has announced its intention to upgrade 1 GW of its module capacity to polycrystalline PERC output by the end of 2015. The resultant 72-cell modules will have a power output of 325 W, an increase of around 10 MW from its non-PERC, four busbar modules.

US: TerraForm Power acquires 48 solar projects from Integrys

SunEdison’s yieldco vehicle, TerraForm Power has acquired 23 MW of solar across 48 plants totaling 34 MW from a subsidiary of Integrys Energy Group, Inc. TerraForm will pay US$45 million and assume $10 million in project debt.

The pv magazine weekly news digest

Turbulent times for Hanergy follow turbulent weather for Solar Impulse, but the tumult could not derail solar’s juggernaut, which enjoyed a series of positive news stories this week.

JinkoSolar supplies 33 MW of PV modules to Chile project

JinkoSolar Holding Co., Ltd has supplied 33.67 MW of modules to Rijn Capital’s San Pedro solar project in Chile’s Atacama desert.

US: 440 MW of PV approved under Western Solar Plan

Three solar PV projects worth 400 MW have been approved by the Bureau of Land Management (BLM) under its Western Solar Plan. Up to 1,900 construction jobs are expected to be created.

Ikea pledges EUR 100 million for solar expansion

As part of a EUR 1 billion climate action investment, Ikea has pledged to channel EUR 100 million in installing solar. Overall, EUR 600 million will go towards wind and solar projects, with the remaining EUR 400 million going to the Ikea Foundation.

Vivint Solar unveils $150 million plans for commercial, industrial solar sector

As part of its expansion plans, Vivint Solar has announced it will enter the commercial and industrial solar sectors via a US$150 million investment fund. It has also partnered with a number of EPC companies.

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