Bermuda utility peels back net metering program for solar
Bermudas sole electricity supplier Bermuda Electric Light Company Limited (BELCO) has repealed its solar net metering scheme and replaced it with an avoided cost compensation for new small-scale installations.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
EU ProSun survey finds EU solar installers open to keeping trade barriers against China
The survey, on behalf of the SolarWorld-backed organization, found that a majority of more than 500 EU installers backed the extension of trade measures against Chinese PV manufacturers, if the Chinese companies are found to be violating international trade law, a month after 34 European solar organizations signed a letter calling for the end of the trade barriers.
PPA generation certificates signed for DeGrussa solar+storage plant
Neoen and Origin Energy have signed a power purchase agreement (PPA) for large-scale generation certificates (LGCs) at Australias largest integrated off-grid solar and energy storage facility.
Sky Solar signs LOI for sale of 152 MW solar assets in Japan
Sky Solar Holdings has signed a Letter of Intent (LOI) with Solar Partnership Capital for the potential sale of 152 MW of solar projects at different stages of development in Japan, with an intention to invest further in solar projects within the country.
Meyer Burger posts 75% annual sales increase in H1 2016
The Swiss solar tooling specialist posts 20% order increase and positive EBITDA for the first half of the year, placing the firm on track to exceed guidance and put itself firmly in the black for 2016.
Lithium-ion battery test centre opens in Canberra, Australia
The Canberra Institute of Technology has opened the new facility, backed by a A$450,000 ($344,525) grant from Australian Renewable Energy Agency (ARENA), to assess the potential for residential energy storage.
India: secondary solar market emerging, says report
Indian solar developers are gradually laying the groundwork for the emergence of a secondary market for solar assets by shopping their rapidly growing project portfolios to prospective investors, according to a recent report by Bridge to India.
Scatec Solar lands 100 MW project in Nigeria
Scatec Solar will develop, build, own and operate the solar power plant in Jigawa. The project adds to the Norwegian group’s existing 200 MW of solar power plants operating in Africa.
BYD signs deal to open PV factory in Brazil
Brazil’s solar boom has prompted the green tech giant to expand operations in the country, where it already operates an electric bus factory. The new manufacturing plant in the state of Sao Paulo will create 300 jobs.
