SPI to raise US$58 million through private placement
The move follows a delay in the Chinese solar developers annual results and a shift in directors, less than four months after its IPO.
SolarEdge strengthens again with 45% Q3 revenue increase year-over-year
Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.
Back to business as usual for Vivint Solar, as it releases Q1 results
After the trauma of the failed acquisition by SunEdision, Vivint Solar is going back to its business roots and has posted first quarter results that show increasing installations and bookings, although its costs are on the rise.
GT Advanced Technologies to release new multicrystalline furnace at SNEC
Its more positive news for GT Advanced Technologies after emerging from bankruptcy earlier in the year, with the new furnace capable of producing more than 20 MW worth of ingots annually.
Solas Éireann partners with GSE to develop 250 MW of PV in Ireland
Solas Éireann entered into a joint venture with Golden Square Energy, aiming to develop more than 250 MW of PV projects across Ireland.
Latin America becomes more attractive for renewable energy investment, as Europe suffers the reverse trend
Emerging markets, especially in Latin America, are becoming hot beds for renewable energy investment, while European countries tumble down the league table of the Ernst & Young renewable energy country attractiveness index.
Daqo reports under $10/kg polysilicon production during Q1
The Chinese polysilicon and wafer maker has stayed profitable despite record low prices, and expects further improvements as polysilicon supply tightens.
Duke Energy begins construction on 25 MW New Mexico solar plant
The U.S. utility acquired the project from Infigen Energy and expect to complete and connect the solar farm in Quay County before the end of 2016.
EnSync and OATI Announce Strategic Alliance to Offer Distributed Energy Resource Control to Utilities
EnSync and Open Access Technology International, Inc (OATI) to Incorporate Independent Expertise in the Energy Arena and Combined Expertise on OATI’s South Campus to Provide Seamless DER Resource for Select Utility Customers.
Development banks, U.S. DOE pledge to support renewable energy in the Caribbean
IDB, CDB and CARICOM have joined forces with the U.S. DOE to take the first steps to support a transformation of the regions energy sector, which may include new financing assistance.
