Solar supplies just 50 MW of SCE's 2.2 GW of new energy
Latest power generation contracts illustrate just how far solar is lagging the ‘dash for gas’ Stateside. But utility commissioned five times its mandated amount of energy from storage.
SunEdison pipeline grows to 4.5 GW in third quarter as sales, losses grow
At the end of the third quarter, SunEdison had 610 MW of its pipeline under construction compared to 475 MW at the end of the second quarter and 558 MW at the end of Q3 2013.
SMA: Net loss grows in first nine months amidst declining orders
The leading inverter manufacturer attributed declining sales to project delays in key foreign markets and a sharp drop in European demand due to lower subsidies.
Scatec Solar sales skyrocket in third quarter
The Norwegian company nearly doubled its installed production capacity to 220 MW following the grid connection of three solar power plants in South Africa and Rwanda, which drove revenue and profit growth.
First Solar to expand manufacturing capacities, but no yieldco
In its third-quarter results, First Solar announced that it will expand manufacturing capacities in Malaysia and Ohio. The company also revealed that it will not be pursuing a yieldco vehicle at this time.
NRG Energy posts 32% increase in third-quarter profit
The California Valley Solar Ranch and Ivanpah solar plant boosted operating profits for the U.S. energy company’s Renewables division. NRG’s new solar assets also included Pure Energies and Goal Zero.
Chinese joint venture fuels REC Silicon's third-quarter profit
The Washington-based Norwegian group recorded a dramatic hike in profit due to the sale of its silane based FBR-B technology to its Yulin joint venture in China. The company is also working with the U.S. government to resolve the trade dispute with China.
3.5% FIT degression announced for small-scale UK solar
UK’s Office of Gas and Electricity Markets confirms that all tariff bands below 50 kW to degress by 3.5% on January 1, 2015.
German wholesaler Energiebau files for insolvency
The Cologne District Court has ordered the opening of preliminary insolvency proceedings for the photovoltaic wholesaler. The provisional administrator is reviewing the state of the company. The management is eager to find a solution for its long-term survival.
Aside from problems with Russia, Ukraine offers top conditions for PV
Ukraine has emerged as an ambiguous destination for PV. It provides some eye-catching tariffs and boasts very good solar irradiation. If only political risks did not exist.
