U.S. microinverter specialist inaugurates new facility designed to expand its testing and verification capabilities for its microinverters and build on the development of its AC battery solution.
The renewable energy firm’s U.S. subsidiary has already begun construction work on two of the three projects, with work on the third due to begin later this year. juwi will operate and maintain all three plants once complete.
Swiss manufacturing technology supplier Meyer Burger has registered rapidly filling order book and modest revenue growth in 2015. Despite the robust performance, the company still incurred a CHF55.9 million (US$61.7 million) loss for FY 2015, down around 63% from the previous year (CHF-152.8 million/$-157.4 million).
The country’s solar net metering projects had been on hold for over a year, but a new pricing structure has made distributed solar an attractive investment once again.
The New York-based hedge fund keen on “commercially reasonable solution” to re-igniting PPAs for three solar projects, developed in Hawaii by SunEdison, which had their previous PPA contracts canceled by local utility.
The Guardian Australia reported overnight that the Australian Federal Government is considering a plan to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). The reported plan to merge two leading renewable energy bodies has been slammed by the Australian Solar Council (ASC), which say that is “looks, feels and smells like a cost-cutting measure.”
A sharp rise in demand for polysilicon in China is leading to a partial price recovery; however US manufacturers are unable to take advantage after losing access to the market, according to market research company IHS.
The residential solar installer has entered into a term facility in two tranches, which it says will provide additional flexibility.
More than 2.5 years after the initial announcement, the state-owned Belarusian oil company Belorusneft proceeds with its plan to build the largest PV farm in the country, with 55 MW of capacity.
The development of the project is being overseen by Natcore Technology along with Catalyst565, and will start adding a solar presence to a country with huge renewable energy ambitions.
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