NRG move to acquire SunEdison assets moves forward, expands to DG
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the stalking horse bidder, and NRG has separately announced a deal to purchase 26 C&I solar projects.
A solid Q2 for JA Solar sees significant increases in sales and revenue
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
SolarCity cuts co-founder salaries to $1, announces job losses
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
Bermuda utility peels back net metering program for solar
Bermudas sole electricity supplier Bermuda Electric Light Company Limited (BELCO) has repealed its solar net metering scheme and replaced it with an avoided cost compensation for new small-scale installations.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
EU ProSun survey finds EU solar installers open to keeping trade barriers against China
The survey, on behalf of the SolarWorld-backed organization, found that a majority of more than 500 EU installers backed the extension of trade measures against Chinese PV manufacturers, if the Chinese companies are found to be violating international trade law, a month after 34 European solar organizations signed a letter calling for the end of the trade barriers.
PPA generation certificates signed for DeGrussa solar+storage plant
Neoen and Origin Energy have signed a power purchase agreement (PPA) for large-scale generation certificates (LGCs) at Australias largest integrated off-grid solar and energy storage facility.
Sky Solar signs LOI for sale of 152 MW solar assets in Japan
Sky Solar Holdings has signed a Letter of Intent (LOI) with Solar Partnership Capital for the potential sale of 152 MW of solar projects at different stages of development in Japan, with an intention to invest further in solar projects within the country.
Meyer Burger posts 75% annual sales increase in H1 2016
The Swiss solar tooling specialist posts 20% order increase and positive EBITDA for the first half of the year, placing the firm on track to exceed guidance and put itself firmly in the black for 2016.
Lithium-ion battery test centre opens in Canberra, Australia
The Canberra Institute of Technology has opened the new facility, backed by a A$450,000 ($344,525) grant from Australian Renewable Energy Agency (ARENA), to assess the potential for residential energy storage.
