SolarCity reports strong Q4 results, resumes focus on growth
The largest U.S. residential solar company installed a record 272 MW during Q4, with a record low cost of US$2.71 per watt. With ITC extension, SolarCity has changed its strategy and will continue to pursue a larger market share.
US Clean Power Plan blocked by Supreme Court
The U.S. Supreme Court has put President Barack Obamas Clean Power Plan on hold until it determines the plans legal merits, expected this summer. Despite the surprise, many are confident the decision wont affect coals continued decline in the States amid a burgeoning renewable industry.
Sunverge picks up $36.5m investment, ARENA participates as backer
The California-based distributed energy storage developer has secured Series C funding from the Australian Renewable Energy Agency and four other public and private investors.
Enel Green Power revenue flat for 2015, EBITDA falls 5.3%
The Italian clean energy developer posts total revenue for 2015 of EUR 3bn, which mirrors 2014 performance; net installed capacity of clean energy reaches 10.5 GW, a 9% increase.
Adani goes for solar Down Under
With its lofty plans to build Australia’s biggest coal project facing delays, the Indian mining group is turning to solar and is looking to partner with international companies in developing clean energy in the states of Queensland and South Australia.
SolarWorlds bifacial modules and home storage solution one step closer to market
The German firm’s Sunmodule Bisun glass-glass module, which uses bifacial cells based on PERC technology, to be presented at forthcoming exhibition in Frankfurt; modular SunPac LiOn battery also to be unveiled.
India to soon hold new solar tenders for 2 to 4 GW
Speaking at the India-Australia Energy Dialogue in Brisbane, Indian Power Minister Piyush Goyal said feed-in tariffs could be cut by a further 10%. At the same time, Goyal is exploring ways of encouraging India’s farmers to start their own solar projects.
California surpasses 75,000 solar jobs
The release of state-level U.S. solar employment information shows rapid growth in a number of states but also the danger of layoffs due to policy changes.
El Salvador launches auction for 150 MW of renewable energy
Rules for the second solicitation for renewable energy power plants in El Salvador have been published. 100 MW will be set aside for solar PV projects. The projects awarded should enter into service in 2019.
Japan solar auctions approved by cabinet
Japanese cabinet approves changes to clean energy incentive program that will include the introduction of a solar auction scheme from April next year, based on recommendations outlined by METI.
