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Finance

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.

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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…

PV puts other renewables in the shade in Israel

Israel’s government has approved the transfer of 520 MW of quotas for solar PV, signalling the beginning of an exciting time for solar power in the Middle East.

Deutsche Bank: Momentum continues in US solar market

The bank’s latest research note from the Solar Power International trade show predicts continuing U.S. market growth through 2015, as well as a potential deal on tariffs against Chinese solar products.

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