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Markets & Policy

NREL assembles industry group to explore solar lending

The U.S. government agency says a greater prevalence and diversity of loan products could enable higher rates of solar adoption in regions where third-party finance is currently lacking.

SolarCity doubles first-quarter revenue, cuts net loss by 41%

The California solar provider achieved record bookings of 136 MW and increased its 2014 guidance to 500-550 MW deployed. The company is on track to meet its one million customer target by 2018.

Dominion acquires 32 MW PV projects in Tennessee

The solar farms, which are scheduled to begin commercial operation later this year, bring the Virginia-based energy group’s solar portfolio to 212 MW. The plants employ 162,000 BYD modules and 36 SMA inverters.

Shunfeng, Greenfield to establish major beachhead in UK

Equipped with Suntech modules, the Chinese giant and its German partner aim to build 900 MW of PV plants by 2015 in what has become Europe’s most dynamic solar market.

Yingli to supply 30 MW of PV modules to Tekno Ray Solar in Turkey

The Chinese PV giant says establishing partnerships with Turkey’s leading PV project investors is a key driver of its strategy.

Iran reveals 5 GW plans for solar and wind

At a gathering with delegates at the Iranian Embassy in Berlin, representatives of the Middle Eastern nation revealed bold ambitions to add 5 GW of wind and solar power by 2018.

Bosch deal boosts SolarWorld's first-quarter bottom line

The German company raised its group-wide shipments by 41% to 154 MW compared to 109 MW a year ago.

First Solar posts 89% boost in first-quarter net profit, announced new projects

The Arizona-based thin film module maker reported 404 MW in new bookings in the first three months of 2014, including the 53 MW Shams Ma’an project in Jordan. It will next build 42.76 MW in California.

SkyPower FAS Energy signs deal for 3 GW PV project in Nigeria

The historic agreement with the Federal Republic of Nigeria Government will bring masses of utility-scale solar capacity to the West African nation.

ReneSola signs biggest sales order to date in Jordan

Jordan continues to attract major PV developers as the country seeks to increase its use of solar energy.

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