AES to supply, integrate 37.5 MW of battery systems for San Diego utility
The San Diego utility says that the batteries will allow it to improve reliability and integrate higher levels of renewables. AES plans to finish the systems by the end of January 2017.
Singulus plays the waiting game as large orders booked too late for H1 financials
The late placement of a EUR 110 million tooling order muddies the water for the German production equipment supplier’s second half forecast. Sales down year-over-year, but order intake looks healthy.
Solar wins strong backing from UK's business chiefs, poll shows
Opinion poll among the traditionally conservative Institute of Directors finds barely 9% support for Hinkley nuclear plant, with solar power earning the backing of more than three-quarters of members.
Fronius opens new R&D center in U.S. with eye on Tesla partnership support
The Austrian inverter specialist opens sales, product management and R&D center in San Francisco to better serve U.S. markets and commitments. Partnership with Tesla expected to be strengthened.
EBRD plans $26m solar loan for Kazakhstan
The European funding bank is considering releasing the funds to ACME Cleantech Solutions Pvt Ltd, an Indian developer eyeing a 29 MW solar farm in the country.
The pv magazine weekly news digest
Massive movement in LatAm as Chile lowers the PV price bar and Argentina sets its solar sights high. Elsewhere, SolarCity continues to grab the headlines.
NASDAQ warns TerraForm Power, TerraForm Global over delays in filing
The yieldcos have until the end of August to submit a plan as to how they are going to get their financial reports on track, while TerraForm Global struggles with multiple legal proceedings.
NRG move to acquire SunEdison assets moves forward, expands to DG
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the stalking horse bidder, and NRG has separately announced a deal to purchase 26 C&I solar projects.
A solid Q2 for JA Solar sees significant increases in sales and revenue
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
SolarCity cuts co-founder salaries to $1, announces job losses
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
