Jordan’s second PV tender leads to record low tariffs
Jordan’s Ministry of Energy and Mineral Resources has chosen the winners of its second tender round. Overall, four 50 MW PV plants have been selected at record low tariffs, serving to highlight increased efficiencies, falling equipment costs and grid parity advances in the PV industry.
SolarWorld narrows loss, increases sales in first quarter
The U.S. remains a prime market for the German company, which increased shipments in the country by 170% to 116 MW. The U.S. now accounts for 57% of SolarWorld’s module and kit shipments.
Deutsche Bank: yieldcos driving bullish solar outlook
Stock analyst Deutsche Bank has produced an investment note in which it has expressed a bullish outlook for solar. Deutsche notes that yieldcos in both established and emerging solar markets are proving to be a major driver of growth the solar sector.
Solar-Fabrik granted self-administration insolvency right
Rejected by a court in Freiburg at the beginning of the month, beleaguered German PV manufacturer has now been permitted chance at self-administration insolvency.
Flextronics to produce NEXTracker's SPT controller
U.S.-based NEXTracker has selected global OEM electronics manufacturer Flextronics to produce its Self-Powered Tracking (SPT) controllers. The move will allow “a rapid commercial rollout of SPT”, the companies state.
Elkem finalizes REC Solar purchase
The Chinese-owned, Norway-based Elkem AS has completed the acquisition of REC Solar, the largest suppliers of solar panels in Europe.
Uruguay: Solarpack sells 26 MW PV plant to SunEdison yieldco
Solarpack has agreed to sell a 26 MW PV power plant, to be built in the Artigas Department of Uruguay, to SunEdison’s emerging markets yieldco.
Gintech plans 350 MW solar cell production in Thailand
Gintech Thailand subsidiary has been established to set up a 350 MW solar cell production line in Thailand. It is expected to commence commercial operation in the first quarter of 2016.
E.ON, Sungevity announce plans for German solar market
Germany’s E.ON has announced it will work together with U.S. start-up Sungevity in the German energy market. Details on the investment sum were not provided.
Chinese developer's $50m warchest
United PV Group will raise funds from a convertible bond issue. Hong Kong-based developer will expand its 682 MW project portfolio.
