An affiliate of D. E. Shaw Renewable Investments and Bright Plain Renewable Energy acquired the project from initial developer American Capital Energy. Signal Energy will handle EPC and O&M services for the installation.
The state-run electric utility has announced plans to invest close to $1 billion in the central Indian state of Madhya Pradesh, which is aiming to install more than 2 GW of solar power in the next few years.
NPD Solarbuzz says that developers rushed to import Chinese and Taiwanese PV products into the United States in advance of preliminary tariffs, causing these products to take a dominant share of the market for the preceding four quarters.
The Swiss solar power producer and Hitachi Hi-Tech have begun construction on two PV projects in the country. The two companies plan to begin construction on 100 MW of projects next year and 300 MW by 2017.
GTM Research’s latest report predicts that 130,000 metric tons of annual polysilicon capacity will come online in 2015 and 2016, which could create an oversupply situation again in 2016.
Trina Solar’s Honey module has set a new P-type mono record, achieving a peak power of 335.2 W with a 60 cell module. It beats its earlier record achieved earlier this year.
The La Compagnie du Vent projects include the 12 MW Langele Solar Power Plant in in France’s Aquitaine region. The latest projects reunite SunPower and the GDF Suez subsidiary.
The share of distributed PV markets rose to 55% for the first time in 2013. The IEA says the speed of PV development comes from its ability to cover most market segments, from very small individual systems to utility-scale power plants.
The VDMA Photovoltaic Equipment industry association says that while the current business climate provides a mixed picture, the revenue forecast for 2014 is positive.
France has taken a historic decision to curtail the nation’s reliance on nuclear energy while also approving an increase in renewable energy and energy saving targets.
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