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Finance

Solar-Fabrik identifies fire-risk modules

German manufacturer has published the serial numbers of modules with junction boxes which may catch fire. Any related product recall will be a fresh blow for the troubled German module maker.

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Utility aims to bring P2G power to the US

SoCalGas wants to use its existing natural gas infrastructure to store excess renewables power. Under P2G, renewable electricity is used to make synthetic equivalent of natural gas.

Shunfeng JV with state-owned aerospace company

Cheng Kin Ming’s ambitious eco-city plans will be aided by state-owned group of more than 200 member companies across a range of sectors.

Is DEWA preparing an 800 MW Dubai tender?

Infrastructure group behind world record sub-6 cent LCOE is rumored to be seeking a financial advisor for an 800 MW project. An advisor is typically the first move in drawing up a tender.

Indian state fires gun on 2 GW solar auction

Developers gathered in Hyderabad this morning to learn about Telangana state auction. Projects will range from 2 MW to 450 MW in size and, if taken up, will put state at the forefront of Indian solar.

The pv magazine weekly news digest

Carbon emissions hope for the world, generation hope for Gaza, hope for Europe’s ailing manufacturers and higher cell efficiencies are, erm, hoped for.

IRENA: Solar, wind most competitive energy sources in UAE

A new study estimates $1.9 billion in annual savings by 2030 for the United Arab Emirates if the country can achieve a 10% renewable energy mix.

Russian banks set to seize Crimean solar power plants

Update: Saddled with massive debts estimated at $870 million following Russia’s annexation of Crimea and a dramatic cut in feed-in tariffs, solar plants in the region have been unable to pay back outstanding loans and now face foreclosure.

Risen Energy raises $403 million for PV projects

The Chinese solar company plans to invest in 279 MW of PV projects in China and Mexico as well as 100 MW of domestic distributed generation installations.

SunEdison moves 168 MW of PV plants to TerraForm subsidiary

The leading U.S. solar group continues to fill its yieldco subsidiary with PV power and revenue generating assets. The portfolio consists of distributed generation installation in the U.S. and 11 solar plants in the U.K.

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