According to Fraunhofer ISE’s data, the amount of PV and wind generated electricity fed into the grid hit a record high in July in Germany. The PV power generated also matched up to nuclear. Another first.
Renewable Energy Corporation (REC) released its second quarter results for 2015, highlighting a 12% increase in module revenues and an increased solar footprint in the APAC region.
Wacker Chemie has released its earnings for Q2 2015 reporting both a YoY and QoQ sales growth from April through June 2015. Contracts were however terminated with customers from the solar sector.
PG&E (Pacific Gas and Electric Company) has submitted a proposal to the California Public Utilities Commission (CPUC) proposing new rules allowing for a smart energy reform.
In its latest “Silicon solar cell and module roadmap” report, Lux Research says that emerging technologies like PERC and bifacial cells will aid in pushing down module costs in 2020.
In its IPO, launched on July 31, SunEdison Inc.s yieldco, TerraForm Global Inc. raised US$675 million through the sale of 45 million Class A shares on the NASDAQ stock exchange, priced at $15 each. An additional 6.75 million shares were also on offer.
Tougher rules on carbon emissions part of President’s new Energy Plan, which will include greater incentives for the deployment of renewable energy technologies.
The latest Deutsche Bank “Solar sector update” states the U.S. continues to drive global solar demand and the residential market retains its draw for investment.
Bulk of the loan ($62 million) will be used to support the Chinese solar company’s long-term fixed assets, with a further $8 million (RMB50 million) loan to be used for working capital at its Malaysia factory.
Singulus Technologies has reported an improvement in earning before EBIT for the first half of 2015. The company’s financial goals being met will rely on volume sales and this will become clear in the weeks to come.
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