New technologies will push costs down, says Lux Research
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.
TerraForm Global raises $675 million in IPO
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.
Obama set to announce clean energy vision
Tougher rules on carbon emissions part of President’s new Energy Plan, which will include greater incentives for the deployment of renewable energy technologies.
Residential solar market remains the most attractive, says Deutsche Bank
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.
JinkoSolar secures $70m loan agreement with Ex-Im Bank
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.
Volume sales will speak volumes, says Singulus
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.
India: Telangana gets lowest bid
Another low bid of INR5.17 (US$0.08) per kWh has been quoted by SkyPower in the Telangana solar tender. The financial bids for some 2,000MW opened yesterday in the southern Indian state.
India: Telangana youth and farmers to get involved in solar
The Telangana government has put together a committee to start a solar scheme for unemployed youth and farmers to establish grid-connected PV projects in the state.
Israel: 40MW Ketura plant connected to grid
The Ketura Solar PV plant in the south of the Arava Valley in Israel has been connected to the grid. The 40MW project was developed by Israeli solar company Arava Power and EDF Énergies Nouvelles Israel, a subsidiary of the French national electric corporation, EDF.
Developer wins lawsuit against Suntech
Shunfeng-owned Wuxi Suntech must reimburse ZKenergy with $38.5m and counting. Claim stems from broken module supply agreement.
