Stem and Kyocera launch commercial energy storage solution
The integrated storage system has been designed to reduce demand on the grid using predictive analytics that respond to spikes in electricity demand.
SolarCity to offer up to US$200 million in bonds
The third-party solar company is the first in the residential space to issue a corporate bond offering. The bonds will offer interest rates up to 4%, and SolarCity has launched a new online investment site.
EU energy subsidies: EUR 40 billion for renewables
A new European Commission report finds that solar power costs between EUR 100 to EUR 115 per megawatt hour, on par with nuclear and natural gas. Electricity from coal remains the cheapest at around EUR 75/MWh.
Desertec consortium dissolves, morphs into service company
The new Desertec Industrial Initiative will operate on a smaller scale and shift its focus to provide renewable energy project services in the MENA region to its remaining shareholders, Saudi Arabia’s ACWA Power, Germany’s RWE and SGCC from China.
Solar Energy UK opens
Amber Rudd, parliamentary under secretary of state at the Department of Energy and Climate Changeminister, will discuss the state of the U.K. solar market at the event.
JinkoSolar to supply 21.5 MW PV project in Nevada
An affiliate of D. E. Shaw Renewable Investments and Bright Plain Renewable Energy acquired the project from initial developer American Capital Energy. Signal Energy will handle EPC and O&M services for the installation.
NTPC to build 750 MW solar project in Madhya Pradesh
The state-run electric utility has announced plans to invest close to $1 billion in the central Indian state of Madhya Pradesh, which is aiming to install more than 2 GW of solar power in the next few years.
Shipments of Chinese, Taiwanese PV surged before trade rulings
NPD Solarbuzz says that developers rushed to import Chinese and Taiwanese PV products into the United States in advance of preliminary tariffs, causing these products to take a dominant share of the market for the preceding four quarters.
Etrion builds 34 MW project in Japan
The Swiss solar power producer and Hitachi Hi-Tech have begun construction on two PV projects in the country. The two companies plan to begin construction on 100 MW of projects next year and 300 MW by 2017.
Polysilicon capacity expansions to pick up speed in 2015
GTM Research’s latest report predicts that 130,000 metric tons of annual polysilicon capacity will come online in 2015 and 2016, which could create an oversupply situation again in 2016.
