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Finance

Enel lands four successful REIPPP solar bids

Italian company Enel Green Power says its bids added up to 65% of the PV projects awarded to renewables bidders in South Africa’s REIPPP. The company’s Green Power subsidiary also saw two onshore wind bids approved.

Honda to dissolve Honda Soltec operations in early 2014

The Japanese motor giants will discontinue their wholly-owned PV subsidiary in Spring next year due to falling revenues in that part of their business.

US solar industry enjoys second-best quarter

The second quarter of 2013 saw the U.S. install 832 MW of solar capacity – a 15% increase on Q1 and only beaten by Q4 2012, when 1,311 MW were installed.

French government pledges EUR 18.5 million for solar research institute

The cutting-edge establishment — Institut Photovoltaique d’Ile-de-France (IPVF) — will be part-funded by the country’s state-backed French National Research Agency (ANR) to promote solar R&D.

Conergy wins 22 MW order in the Philippines

The German solar giants will install their solar panels for local investor San Carlos Solar Energy Inc. in what is their first foray into this emerging Southeast Asia market.

Suntech to challenge Chapter 7 filing for involuntary bankruptcy

The troubled solar company has until November 6 to respond to the petition filed against it calling for involuntary bankruptcy.

Swaziland to construct 100 MW solar farm

The new $185 million PV installation will be the first of its kind in the southern African nation, generating clean power at $0.12 per kWh.

US public land solar auction fails to attract bidders

Inaugural federal auction held by the Bureau of Land Management (BLM), arranged in response to growing private sector interest in solar development, receives no bids.

LDK Solar arranges second 30-day payment extension

The debt-saddled manufacturer has negotiated another 30-day period in which it will pay no interest on its loans as the company explores financing options.

Chicago Solar Express project simplifies rooftop PV for city residents and businesses

Project designed to cut rooftop PV installation times from 30 days to one, reduce costs by 25% and streamline permit and zoning process.

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