US Navy to sign its largest solar PPA at 150 MW-AC
Sempra’s Mesquite Solar 3 will provide a third of the power for 14 military bases in California. This is the largest renewable energy purchase by a division of the U.S. federal government to date.
Brazilian state signs contract for 50 MW of solar PV
The state of Pernambuco has signed its second solar PPA with developers, this time for a 50 MW PV project. The state has given Kroma Energia and Cone a year and a half to build the plant.
Arizona to consider additional charges on solar outside of APS rate case
On Tuesday, Arizona regulators agreed to a request by utility Arizona Public Service to open proceedings, which will consider additional charges on their customers who install solar PV.
SunEdison forms $1 billion investment vehicle with Goldman Sachs
SunEdison has formed a US$1 billion warehouse investment vehicle with investment funds managed by Goldman Sachs. There is the possibility to expand this to $2 billion. If exercised, this would bring the renewable energy giants total warehouse platforms to $4 billion.
SunPower's Mexicali fab earns Landfill-Free verification
Recognition awarded for the U.S. solar company’s PV module production facility in Mexico, which demonstrates that 99% of waste generated is diverted from landfills.
More than 2 GW-AC of solar PV under construction in Chile
Chile’s Center for Renewable Energy has put out its latest report, which documents the dramatic growth of solar PV in the nation. Chile is easily the leading Latin American solar market at present, but is set for a slow-down in coming years.
Germany: 14 MW solar park acquired by Capital Stage
Hamburg-based Capital Stage has acquired GP Joule’s 14 MW solar park in Saxony-Anhalt, Germany for 17 million (US$18.83 million). The park comprises two PV plants: one that has been feeding into the grid since 2012; and one which will go online this year.
India unveils annual solar goals towards 2022 target
India’s National Solar Mission has outlined the annual targets required between now and 2022 if the nation is to hit its goal of installing 100 GW of solar PV capacity by that date.
Laser systems developer, LPKF sees red
German thin film PV laser equipment developer, LPKF has slipped into the red, reporting a weak second quarter. A low order intake saw the company’s EBIT for 1H 2015 amount to -$3.55 million.
Hanergy expects first half loss
The suspended thin film solar company warns markets that it may post a record first half loss for the six months to June 30 following a 47% share plunge in May that wiped $19bn from its value.
