SunEdison takes on $300 million in new financing
A bankruptcy court has approved additional funding for SunEdison from existing lenders.
ZSW sets new thin film solar world record with 22.6% efficient CIGS PV cell
The new efficiency bests Solar Frontiers thin film record set six months ago by 0.3%.
El Salvador begins auction process for 170 MW of renewables
The auction will be completed in December. The solicitation plans for a 100 MW block for solar PV and 70 MW for wind.
German company signs PPA for 100 MW solar plant in Iran
As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran.
China's NEA releases PV installation target for 2016
The installation target, released late in the year, limits PV installations to 18.1 GW, however, there are various PV projects that are not included in the target, which could see total installations reach 20 GW and beyond.
Worlds largest off-grid battery system headed to Rwanda
The 2.68 MWh storage system will be supplied by German commercial system manufacturer Tesvolt, and will be connected to a 3.3 MW PV plant as part of an agricultural project.
Yingli Q1 profit of $72.8m is first for company since 2011
Chinese module manufacturer increases revenue, module shipments and gross margin in first quarter of 2016 following concerted effort to supply higher cost markets.
IBC Solar working on five projects in Turkey
The German company, who has expanded its business outlook to emerging PV markets, is expanding its position within Turkey, by performing the EPC role on the large-scale projects.
PID-related performance drop in a solar farm
Black Sheep campaign: Some PV panels or batches of modules are susceptible to potential induced degradation (PID), while others are scarcely affected. Currently, many PV farm operators are experiencing this reality. The third instalment of our “Bring on the Black Sheep” series describes a case in which a module manufacturer behaved in a close to exemplary manner, but the inverter manufacturer made life difficult.
Zambia to be home to Africa's cheapest solar
First Solar, Enel, and Neoen won tenders to develop large-scale solar PV plants in Zambia under the World Banks “Scaling Solar” program, with electricity to be sold for as little as 6.02 cents per KWh.
