Indian rooftop market to contribute 'significantly' to expected record growth
In its new India Solar Rooftop Map, consultancy group Bridge to India forecasts 1.5 GW of rooftop solar in the country by 2018. More than 285 MW of rooftop projects have been commissioned so far, with Tamil Nadu the leading state with over 50 MW.
Investors investigating potential securities claims against Vivint Solar
At least five U.S. law firms have announced investigations of potential securities fraud against the company. Vivint Solar shares fell more than 20% in inter-day trading following publication of third-quarter results last week.
Westinghouse parent enters administration
Australian renewables developer CBD Energy has entered voluntary administration along with its Australian solar business. The company hopes to announce a restructuring plan next month.
8minutenergy signs 100 MW PPA
US developer’s Springbok project will supply households in LA. Construction of the project is set to start in the first three months of the new year.
China Sunergy financing deal in Turkey
Chinese manufacturer will develop projects of up to 100 MW in Turkey with financing from DenizBank. The Chinese company last month started shipments of its Turkish-made modules to the US.
Capital Stage could double generation portfolio
The German developer has signed a 20-year strategic financing deal with the Gothaer Group. Purchase of solar parks could double Capital’s 313 MW portfolio.
pv magazine weekly news roundup: Nov 7-14
Solar shows its worth in space, in Africa, and in the home, while the world’s two biggest carbon emitters sign a landmark agreement to boost renewable energy deployment.
Russia ramps up solar capacity in Far East amidst increasing Chinese competition
Major Russian solar developers are establishing solar plants in the Far East region, but they may soon see increased competition from Chinese giant Amur Sirius, which is expected to channel nearly $1 billion into the Russian solar market during 2015-2018.
Greensmith riding energy storage wave atop software platform
Interview: Greensmith, a leading provider of energy storage management software, has seen dramatic growth in the grid-scale energy storage market, putting the company ahead of its 2014 targets. CEO John Jung spoke with pv magazine about the company’s booming business and its unique technology and integration services.
Solar industry on both sides of pond cheer US-Chinese CO2 emissions deal
“The news is good for the solar industry, as solar is an obvious solution to fight climate change and stimulate local economies while bringing green, sustainable and affordable energy to the world,” says James Watson, CEO of the European Photovoltaic Industry Association (EPIA).
