Concurrent with the opening of the companys new U.S. headquarters in Los Angeles, battery storage integrator Sonnen has partnered with PetersenDean, SolarWorld and Spruce Finance.
The German inverter maker is banking on booming business from the digitization of the energy sector and predicts up to a fourfold increase in operating profit in 2016. The company is presenting the upbeat outlook to analysts and investors today at its Capital Markets Day event.
The PV manufacturer has seen a sharp increase in sales of its self-branded solar cells and modules. The company’s business in China accounted for 52% of its total revenue.
In addition to teaming with the leading PV manufacturer, the German company is also developing financing for residential storgage solutions in the States and has opened new headquarters in Los Angeles.
The Chinese solar company has received a financing package of $70 million to support its expansion plans in Vietnam, the company has confirmed.
Company will use diamond wire cutting technology at the new fab.
While nuclear power will not be counted towards CES targets, the states new Clean Energy Standard will include subsidies to keep some of the worlds oldest nuclear reactors operating for years to come.
The joint First Solar/SunPower yieldco achieved $16.3 million in cash available for distribution, above its guidance, with 131 MW-AC of projects reaching commercial completion during the quarter.
On the eve before the vote on the successor program to net metering, CPUC produced a new Proposed Decision with minor changes but kept retail-rate net metering mostly intact.
The Indian conglomerate and European research organization have teamed up to examine opportunities for solar energy in the country’s airports, which have an estimated solar potential of more than 500 MW.
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