Construction on Enel Green Power’s (EGPs) 97 MW Chilean PV power plant is underway. It is scheduled for completion in 2016.
Tesla’s breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.
The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.
Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.
U.S. inverter supplier Fronius announces partnership with Tesla’s Powerwall home storage system. Sunrun subsidiary AEE Solar set to offer battery with its solar system package.
The First Solar-backed company, which has completed a pilot program in Kenya, offers customers the opportunity to pre-purchase electricity for commercial and residential use through mobile banking services.
New home storage system requires collaboration with power electronic providers, greater cost reduction and attractive finance options to really achieve market penetration, say analysts.
The five-day, five-night flight between China and Hawaii is a time for nervous anticipation, says pilot tasked with the leg, Andre Borschberg. Takeoff scheduled for Thursday, May 8.
The company’s launch of its new yieldco joint venture impacted its bottom line as the group moved through a “transitional period.” First Solar expects to be back in the black in Q2 with sales of between $750 and $850 million.
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