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Finance

JA Solar opens a new 1.5 GW module manufacturing facility in China

The new, fully automated facility will produce 60-cell and 72-cell modules and adds another large chunk of manufacturing capacity to the growing Chinese company.

Compensation for solar developers under Spain’s renewable energy moratorium

Spain’s Supreme Tribunal has ruled that the Spanish State must compensate PV companies harmed under RD 1/2012 which introduced a suspension of incentives for new renewable energy installations. These will be compensated for expenses in projects that could not benefit from the incentives of RD 1578/2008.

SolarCity continues installation growth in Q1, but bookings drop on policy issues

The largest distributed solar installer in the U.S. is continuing to grow, but some of the details were bumpy in Q1 due to interruptions in net metering policies in several states.

The pv magazine weekly news digest

Million-installations-strong and under-three-cents-cheap: this week, solar sets new world records in size and price.

SunEdison to be de-listed from the New York Stock Exchange

The stock is to be removed from the exchange as a result of the company’s Chapter 11 bankruptcy filing.

NRG Home Solar to partner with Sunrun and Spruce as part of larger restructuring

NRG will shift Home Solar to an origination and sales model, while shifting multiple renewable energy businesses around inside the company.

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SunPower reports operational successes but posts a loss in Q1

The California-based PV maker is running factories at full capacity and rolling out new products, but still reported a significant loss on a per-share basis.

Enphase Energy hits Q1 revenue target as price reduction roadmap continues

The U.S. microinverter specialist reports first quarter revenue of $64.1 million, shipments of 143 MW and a GAAP gross margin of 18.3% as product costs continue to fall.

Phoenix Solar doubles Q1 revenue Y-o-Y

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.

UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds

Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.

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