Canadian Solar results dip slightly during Q2, preparations for yieldco continue
Canadian Solar retained a healthy margin and profit in its latest quarterly results, and reported strong operational results, despite shipments below guidance. The company says it is progressing towards establishing a yieldco vehicle, but retains backup plans.
India: 100 MW bid opens in Uttar Pradesh
India’s energy conglomerate NTPC has invited bidding for its 100 MW of solar projects in the state of Uttar Pradesh. This is part of NTPC’s commitment to develop 10,000 MW of renewable energy by 2020.
China's PV manufacturing output surpasses $31bn in first half of year
Country’s Ministry of Industry and Information Technology (MIIT) confirms January-June period generated 200 billion yuan of output value in the solar PV sector, outstripping 2014’s performance.
Suntech agrees 200 MW Indian supply deal with Adani
Collaboration follows last month’s 9.3 MW project, and will see the Chinese solar power company supply 200 MW of panels for a solar project in India’s Tamil Nadu state.
Greenskies finalizes finance for $165m US solar projects
The Connecticut-based solar integrator has closed a $165 million financial package with First Niagara Financial Group for the development of 127 solar projects in 12 U.S. states.
Interview: Germany's second PV tender round
Berlin lawyer, Margarete von Oppen has been closely involved with the first two pilot tenders for ground-mounted PV systems in Germany. For von Oppen, it is clear the pay-as-bid system is appropriate in the quest to promote sustainable PV projects. With regards to the now set uniform pricing method, there have been some project developers who have submitted unrealistically low prices, she says.
Official NYSE-delisting notice for Yingli
Yingli Green Energy has received an official notice from NYSE stating that the company was not in compliance with the stock exchange’s price criteria.
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.
