SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
From the Mag: A selection of stories from the September issue
For September, pv magazine has examined the latest trends in BOS, where 1,500 V components are beginning to make their mark. This month’s issue also looks at the looming ITC phase down and the returning demand for PERC equipment.
Japan's solar shipments fall 13% in Q1, reports JPEA
The Japan Photovoltaic Energy Association (JPEA) has reported that shipments of solar panels in Japan fell 13% in the first quarter of the year; first year-on-year decline since Q3 2012.
Alabama approves up to 500 MW of renewable energy over the next five years
Regulators in the U.S. state have approved Alabama Power’s request to build or purchase up to 500 MW of renewable energy over the next six years. However, these projects must come in under a low price ceiling.
Alabama approves up to 500 MW of renewable energy over the next six years
Regulators in the U.S. state have approved Alabama Power’s request to build or purchase up to 500 MW of renewable energy over the next six years. However, these projects must come in under a low price ceiling.
Hanergy dumped from MSCI index
Index compiler MSCI to remove troubled Hong Kong-based solar firm Hanergy from its index as of September 1 following 50 business days of trading inactivity.
The pv magazine weekly news digest
The U.S. and U.K. continue to go their separate ways on renewables, encouraging data from Germany warms the solar cockles, and a new solar mapping tool raises the roof across the U.S.
Yingli profit margin halved in preliminary Q2 financials
Gross margin of sales expected to be between 6-7% for the second quarter, a fall of 50% on Q1’s 14.1% margin; scant preliminary data points to increased module shipments at discounted prices in China.
Honduras: 232 MW of PV projects receive three cent bonus
Eight solar PV projects in the Central American nation have received an additional US$0.03/kWh bonus for reaching completion by an August 1 deadline. Honduras’ feed-in tariff is driving rapid solar market growth.
Solyndra misled government to secure $535m loan guarantee, investigation finds
Four-year probe finds that the bankrupt solar company misrepresented facts and omitted key information in securing federal loan guarantee under stimulus program.
