Markets & Policy

Speaking at an event hosted by the German Engineering Association, Rainer Baake , state secretary at the Federal Ministry for Economic Affairs and Energy, confirmed for the first time the prices for the new pilot tenders for ground-mounted systems. Describing the transition to a tender system as a success, Baake said the time era of the feed-in tariff was over.

Germany’s Singulus is one of the European and North American PV equipment suppliers that has had a difficult time in recent years. The company on Friday announced a restructuring of its debt and an acceleration of its move into new markets. pv magazine spoke to Singulus CEO Stefan Rinck.

German authorities have reported 170 bids in the country’s first call for tenders. The 150 MW tender volume was oversubscribed many times over. The contract awards will be announced within the next few days.

Atlantic City Electric, Jersey Central Power & Light and Rockland Electric Company seeking proposals for solar PV projects in order to secure Solar Renewable Energy Certificates.

GTAT has agreed to recognize the company’s $35 million claim and assume ownership of equipment it had ordered before a soured deal with Apple allegedly forced it into bankruptcy.

The smart grid sector raised $185 million in the first quarter, a dramatic increase from $59 million it received from 13 investment deals in the fourth quarter of 2014, according to a new report by Mercom Capital.

The $279 million installation will be developed by Energy Partners Latin America and will be located in the sun-rich northwestern corner of the peninsular state.

Company sets April 30 date for unveiling, widely believed to be a new home battery and one for utility scale, to be produced at company’s new gigafactory.

The 1 MW system employing Yingli solar modules was fully financed by China. Chinese President Xi Jinping was in Islamabad this week for the PV array’s innauguration. News of the new installation comes amidst reports that the Pakistani government is putting the brakes on further solar and wind development.

Industrial giant agrees to back the solar plant in Futtsu City, Japan, as the conglomerate builds on its commitment to invest in $1bn in renewable energy projects annually.