Markets

TerraForm Power and TerraForm Global, the yieldcos of bankrupt renewable energy company SunEdison, have struck a pact to extend the deadline for filing their annual report.

S-Energy will supply over 74 MW of PV modules for two utility-scale projects that are being developed by juwi Inc. in Colorado.

The Chinese solar firm achieved net income of $22.6 million in the first quarter, down by 63% on Q4 2015, but $721.4 million revenue beat Q1 guidance, which ranged between $645 million and $695 million.

The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.

Rays Power Infra has commissioned a 11.5 MW PV plant in Indian Telangana state, first part of its 150 MW pipeline scheduled for the next 11 months.

The Jamaican Office of Utilities Regulation has selected Eight Rivers Energy Company as the preferred bidder to build, own and operate a 33.1 MW PV plant at Paradise Park, Westmoreland.

The New Jersey utility plans to invest $275 million to triple the amount of solar that it owns on landfills and brownfields through its Solar 4 All program.

Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.

After the trauma of the failed acquisition by SunEdision, Vivint Solar is going back to its business roots and has posted first quarter results that show increasing installations and bookings, although its costs are on the rise.

It’s more positive news for GT Advanced Technologies after emerging from bankruptcy earlier in the year, with the new furnace capable of producing more than 20 MW worth of ingots annually.