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.
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.
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.
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 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.
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.
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.
The new mandate is the fifth by a California municipality, and will apply to both residential and commercial buildings.
This latest investment brings the companys series C round to $32.5 million, and funds will be used to build the companys factory in Upstate New York.
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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