Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities
The wind giant reveals bold investment plans in India’s solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.
Tongwei breaks ground on 5 GW solar cell fab in China
Chinese conglomerate holds groundbreaking ceremony for a supposedly massive solar cell production facility in Chengdu, western China, which will have an annual cell production capacity of 5 GW once complete.
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
White House holds National Community Solar Summit
68 state and local governments and organizations have now made pledges to increase access to community solar under a national partnership, including industry leader Clean Energy Collective.
Kaco doubles global turnover
The German inverter manufacturer expects to generate EUR 200 million in revenue in 2015, almost double the figure achieved in 2014; company expects turnover to reach EUR 250 million next year.
India: Solar to beat coal on cost by 10% in five years, says KPMG
Report by KPMG India finds that the levelized cost of solar power in India will be around 10% cheaper than coal by 2020, with PV penetration rates set to reach around 5.7%.
Trina secures $90m in financing from Wells Fargo and Barclays
The Chinese solar company has signed a $30 million credit line with Barclays Bank and a $60 million revolving loan facility with Wells Fargo to support its U.S. working capital and business operation.
WGL to invest $200m in US distributed solar next year
U.S. energy provider announces pipeline of 150 MW of distributed solar capacity either installed or under construction across the country; eyes wider, $200 million expansion in 2016.
ReneSola Q3 results show downstream shift beginning to bear fruit
Despite third quarter revenues coming in 1.1% below Q3 2014, the $368.2 million generated is a 37.2% increase on Q2 and is, according to the company, a result of its strategic shift to project development.
