Germanys second PV tender oversubscribed three-fold
A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germanys second solar PV tender round. The prices for the generated solar energy are still to be determined.
SunEdison, TerraForm Power report net losses, higher revenues
SunEdison has reported relatively stable Q2 and H1 financials, with a narrowing of its Q/Q net loss and sales increases. Yieldco, TerraForm Power, meanwhile, posted a positive Q2 net income, but big H1 loss. Deutsche Bank believes the drop in investor confidence is “overdone.”
Enphase Energy Q2 shipments up 48% YOY
U.S. module level power company ships record 195 MW in second quarter, revenue up 25% year-over-year, reaching $102.1 million.
$4 million funding for solar startup Bright
Solar advocate Jonah Greenberger’s brainchild “Bright” has managed to raise $4 million in funding. Bright’s aim is to install solar panels on Mexican roofs under a subscription program, where homeowners get panels for free but pay for use.
UK: Big60Million and Foresight Solar Fund close bond on 34 MW community PV
Joint venture between solar investor Foresight and community-benefit energy company Big60Million brings community and institutional finance together in the ongoing pursuit of greater solar deployment.
Silevo, SolarCity hold topping off ceremony at Buffalo Gigafactory
The 1 GW solar panel factory, which will manufacture Silevo’s high-efficiency modules, nears completion just 11 months after the project broke ground.
Forecast: Steady increase to 92 GW annual solar installations by 2020
Apricum’s latest report based on its global market PV model shows continual growth in cumulative installations. Brazil looks set to possibly become the new PV darling.
ReneSola forms JV with Pristine Sun for 300 MW US solar pipeline
The Chinese solar module manufacturer has teamed with the San Francisco-based EPC to develop, build and operate a portfolio of 300 MW of solar projects in the U.S., first 150 MW outlined for next year.
Ideal Power Q2 revenue surpasses expectations
The U.S power conversion company generated revenue of $1.2 million in Q2 following announcement of partnership with Germany’s Kaco. Losses posted at $2.3 million.
SolarCity expands into Mexico with $15m purchase of Ilioss
Acquisition marks first time the U.S. solar company has expanded internationally, sees Mexican market as exciting and ideal location for extension of its financing model.
