Distributed generation revenues set to top $182 billion
New research from analysts Navigant Research predicts that revenues from distributed generation (DG) are set to reach $182 billion, by 2023. Navigant reports that in Western Europe, the growth of DG is causing the most disruption to utility business models.
SPI acquires 30.5 MW UK pipeline
US-based PV developer SPI Solar has acquired a 30.5 MW pipeline in the UK. The agreement also grants SPI the exclusive rights to develop a further 50 MW of projects.
Weekly news round-up
A pick of the biggest headlines in solar around the world this week, with details of elephants, bees, beer, gigafactories, ultra-mega, erm, things and electioneering in the UK… as Sid Vicious once said… almost.
China reveals details of distributed generation policy
The government’s National Energy Administration has pledged to help local authorities drive rooftop installation across the nation. The details were revealed in an investment note issued by Deutsche Bank.
Activ Solar rejects Crimean government claims
The Austrian solar company tells pv magazine that it has no assets in Crimea nor any related debts to Russian banks, describing reports that it owes $300 million to Russian banks as “incorrect.”
Conergy acquires 18 MW in UK solar projects
The solar company has purchased two new PV projects, a 13.5 MW installation in South Wales and a 4.45 MW array in Cornwall, England.
SunEdison to supply solar power to Chilean copper mine
TerraForm Power plans to buy the 69.5 MW Javiera solar facility when completed next year. The plant will supply Los Pelambres copper mine in the Coquimbo Region through the Central Interconnected System.
Texan PV developer to add 145 MW PV in 2014
OCI Solar Power announced today that it will add 145 MW of PV capacity in Texas this year. The developer has tapped local manufacturers for components.
Trina Solar acquires 90% stake in Yunnan Metallurgical New Energy
The Chinese solar company has signed a share purchase agreement for a 90% stake in the company, and will work on a 300 MW PV project in China’s southern Yunnan province.
TBEA Sunoasis reveals plus-1 GW Chinese PV plans
The Chinese PV manufacturer and integrator has signed a development framework deal with Xinjiang and Inner Mongolia authorities to develop more than 1 GW of PV projects.
