OneRoof Energy secures credit lines of $16.7 million
The San Diego-based company will use much of the new financing for its new residential solar fund and as working capital.
Gestamp Solar signs $28 million contract with Kuwait Oil for 10 MW PV plant
The solar farm is the Spanish company’s first project in Kuwait and in the Middle East. It is scheduled to be completed by the middle of 2015.
Record quarter to push global PV to landmark 200 GW figure
Report by NPD Solarbuzz forecasts 19.5 GW of new PV capacity in the final quarter of the year, exceeding entire deployment for 2010.
Canadian Solar clarifies status of Japanese pipeline
Kyushu Electric Power in Japan has said it is suspending grid connection approval for new solar projects pending evaluation of its respective grid capacity availability, which it expects to comlpete by the second quarter of 2015.
SolarCity, Vivint take more than half of the U.S. residential market in Q2
The latest numbers from GTM Research’s Leaderboard service find that the top two residential installers have increased their combined market share to more than 50% for the first time. This increasing consolidation impacts the landscape of PV module and inverter suppliers.
'Focus on the core business': Exclusive interview with Conergy Americas CEO Anthony Fotopoulos
Conergy Americas on Monday announced the sale of its U.S. and Canadian distribution subsidiaries. pv magazine spoke with CEO Anthony Fotopoulos, who says that the move is part of an effort to focus on the company’s downstream business.
GT Advanced Technologies files for chapter 11 bankruptcy
GT’s surprise bankruptcy filing follows on news that Apple will not use its sapphire screens for the iPhone 6. Like all major PV equipment makers, GT has also suffered from the severe three-year downturn in equipment spending.
Energy Storage North America: Standing room only
Energy storage is a game changer for the electric power system, and enthusiasm from a variety of stakeholders was seen at the recent Energy Storage North America show in San Jose, California.
RGS Energy pulls out of large commercial solar
The company formerly known as Real Goods will focus on the residential sector, where it holds a top-10 position among installers, as well as commercial PV under 200 kW.
UK Foresight Solar Fund to raise up to £100 million
The fund plans to acquire two PV plants with a combined capacity of 74 MW and expects to continue acquisitions of plants below and above 5 MW following the introduction of next year’s CfD scheme.
