As part of the joint venture agreement, SunEdison will supply solar modules and trackers for four initial projects totaling 106.9 MW in Bahia. The Brazilian Development Bank (BNDES) will finance construction.
The latest addition to the companies’ Midway Solar Farm project in Imperial County will supply more than 10,600 Southern California households.
Trina Chairman and CEO Jifan Gao says the company continued to meet or exceed financial and performance targets despite foreign exchange fluctuations and weaker demand in Europe.
The R&D laboratory says once the residential rooftop PV system is commercially available, homeowners will be able to purchase and install the system as easily as installing a washer and dryer.
The Chinese PV group continued to see strong demand for modules from China and Japan as well as from emerging markets, which increased by some 17% quarter over quarter.
With the addition of the West Antelope Solar Park in northern Los Angeles County, Dominion now has 344 MW of solar generating capacity in development, under construction or in operation across six U.S. states.
A new report from GlobalData forecasts global installed PV capacity to reach 413.98 GW by 2020 representing a trebling in size from 2013.
In an interview with Germany’s Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.
The Hamburg-based company will build the new plants on the Philippine island of Negros for San Carlos Solar Energy, Inc. (SaCaSol), a joint venture between European-based investment and advisory firm ThomasLloyd and Bronzeoak Philippines. The installations are scheduled for completion and grid connection in June 2015.
Hanwha SolarOne on Friday reported record third-quarter shipments and an increase in revenue despite lower overall prices. While the Shanghai-based PV manufacturer remained in the red, it nevertheless managed to cut its loss by 49% year on year.
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