Investment community did not like this deal: Mercom's Prabhu on SunEdisons failed Vivint deal
As reported in pv magazine this morning, Vivint Solar has announced that it is cancelling its merger with SunEdison. pv magazine spoke with Mercom Capital CEO Raj Prabhu about what happened and what this deal falling through means for the world’s largest renewable energy developer.
ReneSola posts promising full year results after strategic shift
ReneSola accepted an 18% loss of revenue in 2015 from 2014, to complete a strategic shift to project development, which helped it significantly reduce its net loss and operating expenses, while increasing its gross margin to 14.7% from 13.4% in 2014.
Whole Foods to install rooftop solar at up to 100 stores
Whole Foods Market has closed separate deals with NRG and SolarCity to install rooftop solar at up to 100 of its 434 stores across the United States.
GTM Research ups 2016 U.S. forecast to 16 GW
The research company is forecasting a 119% increase over 2015 levels, which would position the United States as the worlds second-largest solar market.
5 MW array to demonstrate value of grid edge solar
The Australian Renewable Energy Agency (ARENA) will support the development of a 5 MW array in the country’s far northeast. The array will demonstrate how solar can sure up electricity supply and reliability on the edge of Australias electricity grids.
15 MWh of batteries deployed for frequency regulation in Korea
Kokam has supplied two battery systems for frequency regulation to Korean utility KEPCO. Kokam, a Korean company, claims the battery arrays are the two largest lithium nickel manganese cobalt (NMC) oxide battery systems are the world’s largest to provide frequency regulation services to the grid.
Brazil launches first stage of 10 MW floating PV system
A floating solar power plant went online on Friday at Brazil’s Balbina hydropower plant (HPP). Another floating solar farm is expected to start operations at Sobradinho HPP in Bahia later this week.
India: WTO ruling could deliver $100bn hit to solar manufacturers
President of Solar Energy Society of India labels ruling very bad news for Indian solar industry, warning of a potential $100 billion loss to domestic manufacturers; government working on new manufacturing policy.
German study reveals solar opportunities in Iran
Government commissioned report “Enabling PV Iran” sets out the guidelines for entry into the Iranian PV market for German companies.
LSE: China's carbon emissions likely to peak by 2025
China’s CO2 emissions, if they grow at all, are likely to peak at some point in the decade before 2025, note LSE economists Fergus Green and Nicholas Stern.
