pv magazine: Week in review
Energy storage garnered the spotlight at SPI in Las Vegas while in the U.S., renewables continued to account for new capacity. In the Middle East, Saudis are looking increasingly at solar as the key to their future while Israel is testing its local industry with ever lower FITs. And SunEdison continued its global project hot streak. Without further ado, here is pv magazine’s week in review.
Kyocera sees sales, profit rise in first half of fiscal year
An absence of revenue from large-scale solar projects for the public and commercial sectors resulted in declining sales and profit for the Japanes congolomerate’s Applied Ceramic Products division. Japan remains the group’s main market.
SunEdison wins 150 MW of PV projects in Karnataka, India
The U.S. solar company is expanding its footprint in India, where it has made a successful bid for 150 MW of projects in the state of Karnataka. The news follows SunEdison’s recently announced plans to develop 5 GW of solar in Rajasthan.
SunPower posts 70% drop in third-quarter profit
The California company’s revenue between July and September was on par with its third-quarter result last year despite the hefty drop in profit. North America remains SunPower’s biggest market.
Marks and Spencer to install UK's largest PV rooftop
Mark Group will install a 6.1 MW project on top of retailer’s East Midlands distribution centre. Uncertainty over the government’s new incentive scheme will limit commercial rooftops to sub-5 MW from April onwards.
Utility acquires 150 MW First Solar project
Southern Power acquires Solar Gen 2 project. The First Solar scheme is set to be finished by the end of the year.
LDK subsidiaries request Chapter 11 protection in the US
Delaware bankruptcy court will consider request next month. LDK hopes to complete its restructuring this year.
Household solar 'safe' as Abbott takes aim at large scale renewables
Australian PM Tony Abbott wants to reduce amount of large-scale solar built up to 2020 by two-thirds with his ‘real’ 20 per cent target. The move was one of the recommendations of the discredited Warburton Review of the country’s renewables target.
Snap-together mounting system 'halves installation time'
Californian company secures $1m accelerator grant from US Department of Energy. Cash will speed the introduction of the SMASH PowerStation to market.
The pv magazine weekly news digest: Oct 18-25
With poly and solar energy price falls set to continue, it’s good news all round this week… apart from in Austin, Texas… and unless you are Tony Abbott… or an LDK shareholder…
