Markets & Policy

While the third-party solar company was hit in Q1 by changes to net metering policies in several states, the company’s results showed strong growth and positive trends.

The utility follows in the footsteps of its French counterpart Total by moving into the battery storage space with its 80% acquisition of California’s Green Charge Networks.

The German storage startup takes the fight to Tesla in 2016, selling 2,600 batteries in the first quarter to edge out Tesla, which confirmed earlier this month that it has sold 2,500 Powerwalls during the same period.

Gamesa has installed a prototype of its 2 MW off-grid system, combining solar, wind, diesel-fueled power generation and energy storage batteries, in La Muela municipality, Spain.

TerraForm Power and TerraForm Global, the yieldcos of bankrupt renewable energy company SunEdison, have struck a pact to extend the deadline for filing their annual report.

S-Energy will supply over 74 MW of PV modules for two utility-scale projects that are being developed by juwi Inc. in Colorado.

The Chinese solar firm achieved net income of $22.6 million in the first quarter, down by 63% on Q4 2015, but $721.4 million revenue beat Q1 guidance, which ranged between $645 million and $695 million.

The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.

Rays Power Infra has commissioned a 11.5 MW PV plant in Indian Telangana state, first part of its 150 MW pipeline scheduled for the next 11 months.

The Jamaican Office of Utilities Regulation has selected Eight Rivers Energy Company as the preferred bidder to build, own and operate a 33.1 MW PV plant at Paradise Park, Westmoreland.