SunEdison connects 50 MW to UK grid
SunEdison and TerraForm Power have interconnected 50 MW of utility-scale solar installations in the United Kingdom. TerraForm Power plans to purchase the projects this year.
Solar PV sets new record in Italy
Solar photovoltaic installations in Italy provided nearly 10% of the country’s electricity demand from January to August. The highest monthly solar PV output was recorded in August at 2,834 gigawatt hours — the highest amount of energy generated from PV plants in Italy ever.
Residential investment in generation and storage expected to top $625 billion by 2023
The residential generation market is likely to expand as distributed energy resource technologies mature, accrording to Navigant Research.
REC Solar expands footprint in Hawaii to 27 MW
REC Solar has completed six new solar projects for Dole Plantation and W.M. Keck Observatory. In June, it began construction of a 14.53 MW project that is on track to be the largest PV system in Hawaii when completed.
Goldman Sachs facilitating low-interest solar bonds in Japan
With interest at the 1% level, bonds are proving cheaper than bank loans and fulfilling strong demand for long-term A-rated notes in the country.
Newly established Solara takes over CentroSolar's off-grid unit
A management buyout has led to the formation of the new company and its acquisition of insolvent CentroSolar’s Stand Alone System division.
Pico solar, solar home systems expected to reach $2.1 billion in annual revenue by 2024
PV consumer systems provide new alternatives to kerosene lighting in the developing world, reports Navigant Research.
Brighter skies leading to 5% PV yield increases
New research from Germanys Fraunhofer ISE has shown that brighter skies are leading to PV system output exceeding forecasts by 5%. Fraunhofer has adjusted its forecast models accordingly.
India reveals draft of new program to support 20 GW of large PV projects by 2020
As outlined in an initial draft, the ambitious program will work with state governments to set up a series of solar parks and mega-solar projects. Mercom Capital says that the announcement is good sign for solar policy under the Modi Administration, but questions remain.
Xcel Energy opens tender for 200 MW of projects in Texas
Through its Southwestern Public Service Company (SPS), Xcel Energy has opened the tender for projects worth 200 MW of PV capacity in Texas. Projects are to be delivered by Dec 31, 2016.
