Ontario opens application window for small FIT projects
The OPA will allocate FIT payments for up to 123.5 MW of small solar projects plus 15 MW for planned arrays on yet to be constructed buildings. The procurement rules for larger projects are still being formulated.
Mascotte seeks bond deal as it struggles to reduce debt pile
With liabilities of HK$236 million ($30.4 million), the Taiwanese company has negotiated an agreement with bondholders but must still convince shareholders.
Neo Solar is into profit
Taiwanese cell maker Neo Solar has returned to profit after completing its merger with Delsolar in May. October saw the company’s best revenues since March 2011.
Ascent Solar figures hit by government delays
Rise in consumer electronics sales cannot mask R&D contract losses for CIGS manufacturer Ascent. The Colorado-based thin film maker has announced plans for a manufacturing facility in Suqian, China.
Punjab chief minister announces 500 MW plant
Few details are released about a project deal reportedly agreed with Canada. Chief minister Sharif is also said to have announced plans for a 1 GW electricity generation scheme.
Transatlantic bid for next generation of batteries
The $120 million project to develop the next generation of energy storage batteries is looking across the Atlantic for assistance. A roundtable at the US embassy in Berlin sought to tap into German expertise.
REC panels power Cedarville University
REC panels will power a 2.15 MW installation at Cedarville University. The array will provide 10% of the university’s energy needs.
ABB to construct 100 MW PV plant in Canada
The Zurich-based power and automation technology group has been awarded an order to build the first phase of Ontario’s Grand Renewable Energy Park, valued at CAD$80 million (USD$76.8 million).
SolarCity posts third-quarter profit, 52% revenue increase
The U.S. company has reported a strong revenue increase from operating leases as well as a rise in solar system sales and expects to achieve a total of 278 MW deployed this year.
US Energy Department to slash red tape, spur solar deployment
The Solar Energy Industries Association has welcomed the Energy Department’s efforts to simplify, streamline and standardize legal processes for home and business owners to install solar systems.
