Forecast: Steady increase to 92 GW annual solar installations by 2020
Apricum’s latest report based on its global market PV model shows continual growth in cumulative installations. Brazil looks set to possibly become the new PV darling.
ReneSola forms JV with Pristine Sun for 300 MW US solar pipeline
The Chinese solar module manufacturer has teamed with the San Francisco-based EPC to develop, build and operate a portfolio of 300 MW of solar projects in the U.S., first 150 MW outlined for next year.
Ideal Power Q2 revenue surpasses expectations
The U.S power conversion company generated revenue of $1.2 million in Q2 following announcement of partnership with Germany’s Kaco. Losses posted at $2.3 million.
SolarCity expands into Mexico with $15m purchase of Ilioss
Acquisition marks first time the U.S. solar company has expanded internationally, sees Mexican market as exciting and ideal location for extension of its financing model.
Germany: Record PV and wind grid feed-in for July
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.
REC sees potential in APAC region
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 releases Q2 results
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.
Smart energy reform proposed by PG&E
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.
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.
