Markets

Engineering consultancy group signs MoU to purchase large stake in German solar service provider for sum of around $3.4 million; has option for further 10% stake at future date.

Germany’s E.ON has announced that it is continuing to expand its U.S. and German PV power plant business. E.ON will develop a 20 MW project in Kern Country, California, after having completed a 2.1 MW plant near Neubrandenburg, in Germany’s northeast, earlier this year.

South Korean solar firm secures two large-scale solar farms in the U.K.; agrees 15-year power purchase agreement with EDF Energy.

GTM Research senior solar analyst Mohit Anand says that international suppliers such as JA Solar and Trina are gaining confidence in India’s home solar market.

The 180 MW factory is located in the state of São Paulo, as the largest PV factory inaugurated in the nation to date.

A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.

With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.

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.

The Japanese company’s CIS modules have been selected for the U.S. solar installation on the back of real-world performance recognition in the Americas.

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.