Little Sun crowd-funding goal up 300% after six days
Crowd funding for the Berlin-based start-up and social business’ latest product continues to skyrocket. CEO Felix Hallwachs speaks with pv magazine about the company’s plans for its new solar powered cell phone charger and the spectacular success of its funding campaign.
UK energy secretary defends solar FIT cuts
Amber Rudd pens column in which she explains the government’s proposals to slash the U.K. feed-in tariff by 87%; industry remains surprised and disappointed by the move.
IEA-NEA report examines plunge in costs of generating electricity from renewables
“While more significant regional variations remain than for baseload technologies, variable renewable technology costs continue to converge towards international benchmarks at the lower end of their cost range,” the report finds.
Yingli shipments, revenue and profit falls sharply Y/Y in Q2 2015
Company posts PV module shipments of 727.9 MW for second quarter, down from Q1 2014 and below last year’s Q2 figures; revenue falls to $438.1 million on back of reduced shipments and lower ASP.
Exosun to supply 146 MW EDF Energies Nouvelles project in Chile
The French tracker specialist will equip one of the largest Chilean solar plants in development after signing its biggest contract to date.
SunEdison, Dominion team up on 265 MW Utah project
The expanded partnership between the companies now comprises a total of 685 MW of solar in Utah. SunEdison is also partnering with J.P. Morgan Asset Management to acquire a major stake in a 425 MW AC solar asset portfolio owned by Dominion.
Market for module-level power electronics to reach $1bn in 2019, says IHS
Report forecasts compound annual growth rate of 19% per year for the global MLPE market, with key markets expected to include the U.S., Australia, France, the U.K. and the Netherlands.
Elkem Solar to produce silicon blocks in Norway using UMG polysilicon
Elkem Solar will re-open a portion of a former wafer facility in Norway previously run by subsidiary REC Group in H1 2016. The plant will produce silicon ingots and blocks for export.
ABB inverters handle half of India's 4 GW solar capacity
Swiss power company has doubled its installed base in the country in just five months, surpassing 2 GW of installed solar inverters and thus supporting half of India’s 4.1 GW of total installed capacity.
India: Coal plants to subsidize solar
The Indian government has ordered state utility giant NTPC to sell more expensive solar generated electricity with cheaper coal power as a single unit in an effort to increase solar uptake. As part of the initiative, the NTPC will build 15 GW of solar plants by 2019.
