Oil price drop could propel US solar and renewables, finds BNEF report
Despite oil’s price slump having no direct impact on solar, a second-order effect could lead to greater stimulus to the U.S. renewable sector, report finds.
Obama seeks to extend ITC permanently
Presidential bid to extend 30% solar investment tax permanently, prompting SEIA to applaud decision, calling it a ‘major investment in America’s future’.
Apple to open $2bn solar-powered data center
The tech giant will convert a former sapphire plant into its global command facility in Arizona, U.S., which will be powered by a 70 MW solar plant.
China closes out Q4 2014 with solar surge
Data from BNEF suggests a strong fourth quarter for China and Taiwan’s leading PV manufacturers, with December module shipments alone surpassing 2.1 GW.
SolarWorld posts better-than-expected 2014 revenues
The German-headquartered solar group grew its solar shipments by 55% in 2014, exceeding its earlier forecast by around 15% and driving revenues by 26%.
Indosolar signs $200m wafer supply contract with Osung LST
Indian solar company will purchase Osung’s wafers until 2018. Terms of first fiscal year contract amount to 48 million wafers.
Solar-Fabrik files for self administration insolvency
The German module manufacturer seeks restructuring process following poor sales at the end of 2014 and reduced outlook for first half of 2015.
Jordan’s solar tender bears fruit
Interest in the MENA country’s burgeoning solar PV sector attracts Japanese finance as modest plans unveiled.
Solarcentury and Magnetar Solar to bring 111 MW of UK PV online before April
Magnetar Solar agrees to purchase 71 MW Solarcentury pipeline, with the latter also building an additional 40 MW of PV projects for Magnetar Solar.
Younicos forms new business units to capitalize on growing storage market
The Berlin-based energy storage company announces creation of three new business divisions and experienced senior management team as it eyes global opportunities within the sector.
