ReneSola reports $5.7 million Q1 income and 785 MW PV pipeline
Chinese PV manufacturer and solar project developer ReneSola reports $5.7 million net income in Q1, a 785.3 MW pipeline of projects and a 79.9% year-on-year increase in wafer shipment.
U.S. C&I solar segment remains highly fragmented
The latest report by GTM Research finds that the top 10 developers account for only 42% of this market segment.
Vivint closes on $75 million in tax equity financing
The deal is good news for Vivint, which had reported difficulty raising tax equity funds.
100 MW-AC solar project to power the Santiago metro
SunPower and Totals Pelican solar project will supply 42% of the subway systems electricity needs, and a wind plant will supply another 18%.
India implements new 40 GW rooftop, small PV plant program
India’s solar market has long been dominated by large utility-scale projects but the government is now looking to boost rooftop solar in the country with an ambitious new initiative.
Nigeria’s solar hopes stall
Nigeria is considered an emerging economy that has the potential to drive a dynamic domestic solar PV market. But the global oil price plunge and a national currency crisis have stalled hopes.
South Africa: SolarEdge, Tesla Powerwall rollout begins
SolarEdge’s storage solution, based on a single DC optimized inverter that manages and monitors PV production, consumption and storage, is compatible with Tesla’s Powerwall home battery.
India: Tata Power to build 100 MW of solar in Karnataka
Tata Power is aiming to generate 30 to 40% of its total generation capacity from non-fossil fuel sources by 2025.
TerniEnergia lands $19.2 million order for solar PV project in Egypt
The Italian smart energy company will build the large-scale solar PV plant in the southern Benban region in Aswan.
ReneSola partners with UCK Group to build 116 MW of PV in Turkey
ReneSola signs framework agreement with a solar energy solution provider UCK Group to develop a 116 MW pipeline of PV projects in Turkey.
