Sharp bailout plans include breaking business up, merging with Solar Frontier
Rumors have been furiously swirling around the possibility of a bailout of Sharp Corp. Both Taiwans Foxconn and the Innovation Network Corporation of Japan have recently presented rescue plans. The latest news to emerge from Japan is a possible merger with CIS thin film pioneer, Solar Frontier.
Wacker posts Q4 2015 polysilicon lows, begins production at US facility
Plunging prices in polysilicon trigger Q4 year-over-year sales drop of 8% despite overall increase in sales for 2015; German firm ramps up production at new U.S. polysilicon plant.
E.ON: Solar sees EUR200 million of EUR10 billion renewables investment
E.ON today announced its net investments in renewable energy have surpassed EUR10 billion. The lions share has been directed into wind, while solar has received around EUR200 million. A spokesperson confirms the energy utility has a 1 GW solar pipeline in the U.S. and projects under the German tender scheme.
Teslas Musk confirms Powerwall 2.0 is on the way
Elon Musk has confirmed Tesla will bring out a new version of its Powerwall home energy storage battery system this summer. While “step changes” can be expected, he declined to elaborate on the new product.
IHS: The United States will install 15 GW of solar PV in 2016
The firm forecasts a 60% year-over-year growth in the U.S. solar market in 2016, but contraction next year.
NV Energy changes its tune on grandfathering of net metering customers in Nevada
The Nevada utilitys press statements had proposed allowing existing net metering customers to stay under the original up to 20 years, but the devil is in the details.
NV Energy changes its tune on grandfathering of net metering customers in Nevada
The Nevada utilitys press statements had proposed allowing existing net metering customers to stay under the original up to 20 years, but the devil is in the details.
Renewables to reach over 14% of U.S. electricity generation this year
The latest data from the U.S. Energy Department projects that utility-scale wind and solar will supply 5.2% and 0.8% of U.S. electricity in 2016, which will support an overall 9.5% growth in renewable generation.
SolarWorld targeting 2016 revenues of >EUR1 billion, shipments >1.4 GW
On the back of a successful 2015, which saw revenues and shipments exceeding forecasts by 33%, SolarWorld says it expects to see another increase of more than 20% in both areas in 2016. Although a positive 2015 EBIT was not achieved, as anticipated, it hopes for double digit gains this year.
EU confirms Trinas MIP exit
The European Commission has officially confirmed Trina Solars exit from the Minimum Import Price (MIP), announced in December. This now brings to seven, the total number of Chinese companies that have withdrawn from the undertaking.
