REC Solar achieves $16.2 million second-quarter profit
While Europe remains the company’s No. 1 market, it sees great potential in the U.S., where it recently signed a major supply deal with leading solar provider SolarCity.
SolarWorld merges German operations
The German group is bundling its operations in the state of Saxony to create a centralized production chain in Freiberg, which is celebrating 20 years of solar production next month.
SunEdison acquires 156 MW-DC solar project in Colorado for yieldco
SunEdison has acquired the 156 MW-DC Comanche Solar project from Community Energy, which TerraForm Power will have the option to purchase upon completion. This announcement follows on TerraForm closing on its US$533 million IPO.
UK cap on renewable subsidies harms solar, says industry
The £200m subsidy ceiling announced today amounts to a large reduction in support for large-scale solar, says the U.K.’s solar industry.
Utility-scale solar makes up 30% of new US electric capacity in the first half of 2014
FERC’s latest report finds that solar capacity additions still lag natural gas expansion, and the Department of Energy predicts the continued domination of gas through 2040.
What does a Juncker presidency mean for renewables in Europe?
EPIA CEO James Watson says deeds, not rhetoric, will determine Jean-Claude Juncker’s impact on the development of renewable energy in the European Union.
Suniva adds 200 MW module capacity
American high efficiency mono and polycrystalline cell and module manufacturer Suniva has announced that it will begin construction of a new 200 MW manufacturing facility, in the state of Michigan. Suniva will begin construction in August, with production beginning in Q4 2014.
Canadian Solar supplies modules for 100 MW Ontario PV plant
The solar developer will supply more than 450,000 modules for the project, as well as providing engineering, procurement and construction services.
Coal use undermining German, UK climate efforts, warns WWF
Study by the WWF finds Germany and U.K. are among biggest coal consumers in EU, with four German coal plants among the region’s five dirtiest.
Shunfeng lands $323 million credit line
Boosted by the acquistion of Suntech, the Chinese group is looking to expand operations in the U.S. and Asia and has slated $74 million for investment in 100 MW of projects in Japan.
