SunEdison divests from polysilicon and wafer assets
The worlds largest renewable energy developer is shutting legacy polysilicon production and selling off a wafer facility. SunEdison says this is part of its move to an asset-light strategy, but it may also reflect polysilicon market conditions and a need to preserve cash.
Chile installs more than 1 GW-AC of PV and exports solar electricity
Another 2.2 GW-AC of PV projects are under construction. The interconnection with Argentina was re-activated recently and the nation plans to export electricity from PV plants.
Energy storage is now: New video interviews with Sonnen USA
As part of our pv magazine LIVE series, we have published two new video interviews with Sonnen USA CEO Boris von Bormann looking at the companys new Eco plug-and-play battery storage offering for the U.S. market as well as Sonnens trajectory as a company.
No end in sight to US, India solar WTO dispute, says US official
Ongoing trade dispute over India’s domestic content requirement for solar panels, challenged by the U.S., set to rumble on beyond today’s deadline set by the World Trade Organization, fears leading US. trade official.
Taiwan's TSEC to increase cell capacity to 1.3 GW by end of 2016
The largest producer of crystalline silicon solar cells in Taiwan will add incremental capacity to its lines over the year, and is eyeing 1.8 GW of capacity by mid-2017.
Construction set to begin on 10 MW solar plant in Uganda
Project to be developed by French clean energy firm Eren RE and Access Clean Energy, with Spain’s TSK Group the EPC and funding coming via London, Germany and the Netherlands. Plant will be east Africa’s largest solar installation.
Luxcara snaps up 34.4 MW UK solar portfolio from Conergy
German renewable investment firm purchases five large-scale solar projects from Conergy for $58 million, located across the U.K.
Singulus bondholders approve restructuring
Singulus bondholders have approved the company’s debt-equity swap, which will provide the liquidity required to stay in business in 2016. The German equipment supplier announced today that the required bondholder quorum of 33% was reached, with attending bondholders approving the proposed deal with a 90% majority.
India: new policy to support solar manufacturing mooted
Indian minister indicates that the government is developing policy to foster solar manufacturing in the country. Minister for Power, Coal, New and Renewable Energy, Piyush Goyal said that he sees the potential for India to establish 10 GW of solar manufacturing by 2020.
ABB invests in Finnish inverter research center
The Swiss power company has invested close to four million euros into the research facility in Finland, which will primarily carry out a series of weather simulations and network disruptions designed to test inverter performance.
