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Markets & Policy

SunEdison and Jinneng Group to build 2 GW of heterojunction PV cell and module capacity

China’s state-owned Jinneng Group and SunEdison are investing in an n-type mono heterojunction cell and module factory.

Update: Foxconn deal for Sharp delayed, tolls death knell for its solar business

Taiwan-based Foxconn’s $6.2bn bailout of Sharp is first ever foreign takeover of a major Japanese electronics company; move could spell end for troubled Sharp solar business.

2015: 57 GW of solar PV installed, clean energy investment hits highest ever levels

BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.

E.ON and Solarwatt to partner on electricity storage system

German utility giant will develop own storage system with Dresden-based Solarwatt GmbH based on MyReserve technology; first models to be rolled out in Germany over coming months.

Vivint shareholders approve SunEdison acquisition

Green light from Vivint shareholders should see the merger with U.S. renewable energy developer SunEdison close before the end of the first quarter.

UK: First council solar bond offered to residents in Swindon, southern England

A forthcoming 4.8 MW solar farm near the English town of Swindon will offer residents the chance to purchase a stake in the community project, which is being backed to the tune of GBP 3 million by Swindon Borough Council.

Wisconsin electric cooperative to procure power from 15 MW of solar PV

Dairyland Power has finalized agreements for PV projects in 12 locations, which will increase Wisconsin’s installed solar capacity by 40%.

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First Solar reports record 2015 revenues, bookings

First Solar has emerged from 2015 with very strong financials, as well as a strong pipeline, particularly in light of the recent ITC extension.

Enphase posts $22 million losses during 'challenging' 2015

Despite shipping a record 706 MW of microinverters, the U.S. company ended 2015 at a loss following a profit-making 2014; fourth quarter losses amounted to $15.8 million.

US: Spruce Finance arranges loan deal for 80 MW of residential solar

The solar financing company turns to Investec to secure $130 million in debt financing for solar ventures in the U.S. residential market, reports suggest.

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