U.S. Department of Energy re-affirms commitment to solar with $59m endowment
Money is to fund innovation and deployment of renewable technology.
Solar-Fabrik files for self administration insolvency
The German module manufacturer seeks restructuring process following poor sales at the end of 2014 and reduced outlook for first half of 2015.
NextEra Energy and Hawaiian Electric propose merger
The two companies seek approval from Commission; promise continued local support.
Jordan’s solar tender bears fruit
Interest in the MENA country’s burgeoning solar PV sector attracts Japanese finance as modest plans unveiled.
Pacific Gas and Electric Company receives permission to offer customers solar electricity choice
Scheme allows customers to spend more in order to receive renewables-sourced electricity.
Solarcentury and Magnetar Solar to bring 111 MW of UK PV online before April
Magnetar Solar agrees to purchase 71 MW Solarcentury pipeline, with the latter also building an additional 40 MW of PV projects for Magnetar Solar.
Younicos forms new business units to capitalize on growing storage market
The Berlin-based energy storage company announces creation of three new business divisions and experienced senior management team as it eyes global opportunities within the sector.
SMA seeks to cut costs by $180m
German inverter manufacturer expects earnings before tax of around $850m this year. The Niestetal-based company announced this week, 1,600 jobs will go by the end of June.
Siva Power reaches $10m milestone
Californian thin film manufacturer a step nearer being ‘the least expensive solar panel manufacturer worldwide.’ The arrival of the city of Wuxi as a backer may offer a hint as to the final location of 300 MW fab.
China unveils 15 GW solar target
Government wants to treble the amount of DG, including at least 3.15 GW of rooftop solar. The 15 GW total figure would represent a 50 per cent rise on the 10 GW installed in 2014.
