Markets

Southern Power is partnering with Ted Turner’s Turner Renewable Energy on the Kern County project, which will be built, operated and maintained by SunEdison.

Suntech says it is seeking protection and time to complete negotiations and wrap up its restructuring efforts after agreeing to sell its main assets to Jiangsu Shunfeng.

The 70 MW solar power plant will be run by the Kagoshima Mega Solar Power Corporation and boasts technology from German solar inverter company SMA.

The U.S. solar equity markets enjoyed an upswing in October, driven by a substantial number of utility scale projects in the pipeline and advances in technology.

The acquisition of the robotic solar panel cleaning technology — which reduces water usage and improves LCOE — enhances SunPower’s energy services portfolio.

Following the completion and sales of solar parks, the Ontario-based company is now predicting increased shipments and higher margins. It will also supply 100 MW of panels to a new project in China.

Renewable energy project now provides Kings Lynn-based KL Technologies with 80% of its power requirements.

Taking place in the Saudi capital of Riyadh, the industry confab brings together global industry representatives and established local players eager to exploit the country’s abundant solar resourcs.

The Desertec Industrial Initiative (Dii) is developing an investment vehicle to support renewable energy projects in the MENA region, which Dii says will reach 3.3 GW of RE capacity by 2015.

Solar manufacturer Jiangsu Shunfeng has announced details of its planned acquisition of Wuxi Suntech. If successful, the move would consolidate Cheng Kin Ming’s position in Chinese solar.