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Enphase Energy hits Q1 revenue target as price reduction roadmap continues

The U.S. microinverter specialist reports first quarter revenue of $64.1 million, shipments of 143 MW and a GAAP gross margin of 18.3% as product costs continue to fall.

IHS announces 100 GW of solar installed in Europe

Europe has reached 100 GW of grid-connected PV. SolarPower Europe calls for a market design reform to pave the way for the 200 GW benchmark.

Origin Energy signs 13-year PPA for 100 MW Queensland solar farm

Australian utility inks a 13-year power purchase agreement with the developers of the Clare Solar Farm, which is a 100 MW PV plant currently under construction in Queensland.

Phoenix Solar doubles Q1 revenue Y-o-Y

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.

NV Energy offers “green rider” for large customers

NV Energy rolls out new “green” opportunity for customers who wish to be served by renewable energy sources. The energy will be supplied from a new PV plant to be constructed in Clark County, Nevada.

UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds

Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.

9 GW of solar projects registered for July auction in Brazil

The auction will take place on July 29 and is the first of two national solicitations for solar PV to be held this year in Brazil. 295 PV projects have obtained technical accreditation to participate.

Santa Monica mandates solar PV on new buildings

The new mandate is the fifth by a California municipality, and will apply to both residential and commercial buildings.

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1366 Technologies secures another $10 million to build commercial-scale kerfless wafer plant

This latest investment brings the company’s series C round to $32.5 million, and funds will be used to build the company’s factory in Upstate New York.

Vivint Solar switches leadership as CEO steps down

Greg Butterfield steps down as chief executive officer at Vivint Solar, with David Bywater appointed interim CEO as the company looks for a permanent replacement.

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