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.
Germany: Record PV and wind grid feed-in for July
According to Fraunhofer ISE’s data, the amount of PV and wind generated electricity fed into the grid hit a record high in July in Germany. The PV power generated also matched up to nuclear. Another first.
REC sees potential in APAC region
Renewable Energy Corporation (REC) released its second quarter results for 2015, highlighting a 12% increase in module revenues and an increased solar footprint in the APAC region.
Wacker Chemie releases Q2 results
Wacker Chemie has released its earnings for Q2 2015 reporting both a YoY and QoQ sales growth from April through June 2015. Contracts were however terminated with customers from the solar sector.
US Clean Power Plan good for utility-scale solar, ignores distributed
The EPAs highly anticipated Clean Power Plan was unveiled yesterday. Utility-scale solar and wind have been handed a leading role in carbon reduction; distributed solar has not been included, and storage is seen as non-essential. Deutsche Bank says the increased support could suggest a potential ITC extension. Under the new rules, states have until 2018 to submit their final plans.
Smart energy reform proposed by PG&E
PG&E (Pacific Gas and Electric Company) has submitted a proposal to the California Public Utilities Commission (CPUC) proposing new rules allowing for a smart energy reform.
Latin America records biggest utility-solar quarter
Latin America saw 363 MW of utility-scale solar PV come online in Q2, representing an 80% YOY increase, writes GTM Research. Overall, the region has a solar pipeline totaling 34 GW, with 981 MW entering construction in Q2.
