Ingeteam partners on solar system for Benin health center
Inverter specialists provide storage and inverter solution to help manage a rooftop solar PV array atop a hospital in Kotopounga, Benin, West Africa; project the brainchild of French NGO Synergie Solaire.
Renewables drive BayWa AG's third quarter gains
The German international group cites ‘outstanding development’ of its European and U.S. renewable energy projects as driver for earnings gain and solid revenues.
Next Step Living reaches over 10,000 reservations for community solar gardens
The company notes that Massachusetts residents are signing up for 2 MW of community solar per month, with the rate of new reservations increasing more than 5x in 2015.
SEIA: TPP will offer advantages for solar
The U.S. solar industry organization says that if passed, the trade deal will generally be positive for solar. SEIA’s position is at odds with that of many environmental groups.
NRG on track for "Greenco" launch in Q3 results
The U.S. power company reported a US$50 million loss from its Home Solar division, but a $34 million gain from its yieldco.
Canadian Solar to hold yieldco IPO
Less than three months after expressing reservations about forming a yield vehicle in its Q2 results, Canadian Solar is going to take a yieldco public.
UGE completes 1.2 MW of distributed solar in Panama
UGE and OTEPI expect to build a total of 22 solar projects for a hardware and construction material supplier, totaling 4.5 MW. The projects will operate under Panama’s net metering policy.
SolarEdge reports record revenues, healthy profit in Q1 FY 2016 results
The power electronics firm notes that cost reductions have out-paced the fall in selling prices. During the most recent quarter SolarEdge rolled out its HD Wave, which features a novel inverter architecture.
Lawsuit threatens SolarWorld liquidity
The ongoing lawsuit over polysilicon agreements between a SolarWorld subsidiary and Hemlock Semiconductor Corporation is threatening the German solar giants liquidity. The company was dealt a blow last week, when a motion to reconsider a decision on antitrust defenses was denied by a U.S. court. After shares tumbled yesterday, it issued a statement saying the decision is not a final ruling on the case. It has, however, previously acknowledged that if it must repay the US$676 million, its existence could be “threatened.”
Germany: Renewables likely to cover 33% of 2015 gross power consumption
According to a new figures, renewable energy is set to cover around 33% of Germanys gross energy demands this year, or 193 billion kWh, up a fifth on 2014. PV and wind are the main contributors.
