The Utah-based company, whose net loss attributable to stockholders per share was $0.35, is expanding downstream operations and expects to install 290 to 310 MW this year.
The Pennsylvania-based energy storage and PV company brings its projects, pipeline and personnel to SunEdison, allowing it to now offer battery storage solutions to complement solar and wind projects worldwide.
The company announced major increases in sales and net profit last year. The recent acquisition of Recurrent Energy, meanwhile, will expand its total project pipeline to 8.5 GW. Some 2.4 GW of late-stage projects represent a revenue opportunity of at least $6 billion over the next two to three years, according to the group.
SNV Netherlands Development Organisation is partnering with other international development agencies, banks and private-sector companies on a new initiative aimed at bringing much needed solar solutions to people without access to electricity.
Partnering with RE Projects Development, the vertically-integrated PV company says it is cementing its footprint in one of the strongest PV markets in the world.
U.S. solar company and solar PPA pioneer SunEdison is introducing its solar energy saver plan into the U.K. market. SunEdison claims it is the first product of its type in the British solar market.
Taking place at the majestic Banz Abbey near the city of Bamberg, the symposium is the longest-running PV industry event in Germany, drawing hundreds of solar sector representatives.
In its latest PV balance-of-systems (BoS) report, analysts IHS predicts that Asian markets will drive BoS growth, accounting for almost half of the market by 2019. IHS forecasts the global BoS market to total US$21 billion in 2019.
The Chinese solar giant expects a 20% to 26% increase in module shipments of between 4.4 GW and 4.6 GW this year, including some 750 MW aimed at its own downstream projects.
The Chinese company continued to shift its focus to retail-oriented and commercial customers with bundled services and downstream projects last year.
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