IRENA unveils new solar, wind maps
The International Renewable Energy Agency has added a new feature to its Global Atlas that it hopes will accelerate growth in the renewable energy sector worldwide by providing more detailed resource data in an effort to facilitate easier entry into new markets. The agency is working with Finnish measurement group Vaisala, which is making the information available.
Abengoa reaches deal with creditors
The Spanish renewable energy group may have won a new lease on life, but it still has to convince other shareholders to accept the deal, which would mean suffering a severe haircut.
SolarCity to make BIPV modules at Buffalo factory, will consider cell partnership
Industry analysts note that the market for residential BIPV in the United States is “non-existent” at present, and SolarCity’s plans to use crystalline silicon are a new direction.
Arizona regulators preserve net metering in UNS case
The case was closely watched as a precedent for future rate cases in Arizona.
Ideal Power posts revenue 75% drop in Q2 revenue, increases net loss
The Texas inverter maker blamed the drop in sales on delays in California’s incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.
pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more
SMA grows H1 inverter output to 3.9 GW but announces two fab closures, warns of tough price pressures in 2017
Sales revenue for first six months of the year grows 15.1% to hit EUR 494.1 million, while international share of sales tops 90%. Company announces closure of Denver and Cape Town operations in preparation for tough 2017 price pressure.
First Solar adds another 130MW of solar PV to India's grid
With the connection of two more utility-scale solar power plants to the grid in India, First Solar’s subsidiary in India now has a project portfolio in the country of 260 MW, further establishing itself in what is fast becoming one of the most exciting solar markets.
Silicor recruits AM Technical Solutions to sure up deadlines for new facility
The U.S. solar silicon producer has signed an USD8.9 million project management contract with AM Technical Solutions for its first commercial-scale production facility in Iceland, which it hopes will enable it to strict to the strict deadlines that it has set itself.
Net income back in positive figures for Etrion during Q2
Swiss solar power producer Etrion recorded a quarterly net profit during the second quarter of 2016 for the first time since 2014, which it attributes to its solar activities in Japan; where it plans to continue to focus its resources.
