Scatec Solar valued at $298m-$383m
The Norwegian developer will set the share price for its pending IPO next week. The company predicted a price range of $4.42-5.68 per share.
It's about the fossil fuels, stupid!
Frost and Sullivan report predicts coal will dominate electricity generation up to 2030 and gas is ‘a fuel of the future.’ Forthcoming global trends report does acknowledge an explosion in the battery storage market, however.
Solar investment twice as effective as oil in EVs
Analyst calculates investing in renewables yields far more usable energy to the consumer than oil, dollar for dollar. Traditional combustion engines see a 75-80% energy loss compared to 25-30% in EVs.
The pv magazine weekly news round-up
Good news from Italy and India, astonishing news about sunlight levels and the solar cell coming to a printer near you but it’s all too late for one US state. We should have listened to Barry…
TÜV Rheinland issues first PID certificate in China to Trina Solar
PID tests simulate the practical conditions in the PV system, and verify the module performance and power output under high voltage.
Rural electrification set to transform Asia-Pacific microgrid market
The proliferation of microgrids in Asia-Pacific has been encouraged by rural electrification programs in developing countries, and the establishment of commercial microgrids in developed nations, according to Frost & Sullivan.
Italy’s PV sector considers legal actions
ANIE Rinnovabili, the country’s solar PV sector voice, is weighing actions against the feed-in tariff (FIT) cuts recently imposed to existing photovoltaic installations. Tariff reductions were absolutely unnecessary, the energy association says.
Meyer Burger raises $107 million in bond issue
The successful placement of the bonds is expected to help the company, which saw net losses grow 9% in the first half of the year. Money from the issue will go to capital requirements and investments in demo equipment.
Solar microinverter, power optimizer market to surpass $1 billion in 2018
Key markets like the U.S., the U.K. and Australia are driving demand for module-level power electronics, according to IHS. The market has already grown to more than $300 million.
Independence will not derail Scotland’s stellar renewables success
pv magazine’s Ilias Tsagas argues that should Scotland’s population vote today in favor of independence, this will not hurt its renewable energy sector but might give it a further boost.
