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China: XRMC unveils new 7.27 MW rooftop project in Xi'an

The grid-connected solar PV project is a first for parent group China Communication Construction and marks the company’s increased focus on renewable energy.

Heraeus Photovoltaics prevails in Taiwan patent ruling

While litigation in a patent dispute with Giga Solar Materials Corporation is still pending, the Taiwan Intellectual Property Court has confirmed the validity of the German company’s patent for its conductive paste.

Solar Mosaic raises $220 million in new funding

The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company’s average loan amount is $30,000, with interest rates ranging between 2.49% and 8.48%.

Germany's fifth solar auction allocates 130 MW to 25 projects

The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.

Apple to sell power from renewables on the U.S. wholesale market

U.S. Federal regulators have approved the technology company’s application to become an independent power producer.

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Solar empires: The pv magazine USA weekly news roundup

Today we bring you the first weekly collection of stories from the new pv magazine USA website.

First Solar reports strong Q2 results

While barely remaining in the black due to restructuring charges, First Solar reported 100% capacity utilization and increased revenues during Q2.

Phoenix Solar posts 34% revenue increase, narrows net loss

The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.

DESRI acquires 11 MW California PV project

The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.

Vector Cuatro opens new office in Chile

The Spanish solar PV technical advisory group is expanding operations in Latin America, citing strong growth in the region. The company, part of Italy’s Falck Renewables Group, has 10 offices worldwide.

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