Tesla Energy to begin production at Gigafactory in Q4
Tesla Energy has brought forward plans to begin producing its Powerwall and Powerpack products at its Nevada Gigafactory to this quarter, in a move that will push back the delivery of some products to Q1 2016. Plans to commence cell production at the Gigafactory have also been accelerated, with cells set to roll off lines by the end of 2016.
Hanwha Q Cells steps forward as 1366 Direct Wafer PERC collaborator
Hanwha Q Cells has announced that it was the collaborator on the PERC Direct Wafer efficiency result announced late last month. Hanwha reports that an efficiency gain of 1.4% was achieved in only seven months using the innovative wafers.
NRG on track for "Greenco" launch in Q3 results
The U.S. power company reported a US$50 million loss from its Home Solar division, but a $34 million gain from its yieldco.
Canadian Solar to hold yieldco IPO
Less than three months after expressing reservations about forming a yield vehicle in its Q2 results, Canadian Solar is going to take a yieldco public.
SunEdisons record-setting Andhra Pradesh bid very unexpected
Indian solar market observers have described SunEdisons reported bid of INR4.63/kWh (US$0.0706) for a 500 MW PV power plant project in the southern Indian state of Andhra Pradesh as very unexpected and in the realm of unattractive investments. The bid, while capturing headlines, indicates the levels to which developers will go to capture Indian market share.
SMA claims to have supplied one-third of North American PV capacity
German inverter giant SMA claims it has reached 7.5 GW of installations in North America, concluding that its inverters currently account for one-third of the continents installed PV capacity. SMA has been active in North America since 2001.
UGE completes 1.2 MW of distributed solar in Panama
UGE and OTEPI expect to build a total of 22 solar projects for a hardware and construction material supplier, totaling 4.5 MW. The projects will operate under Panama’s net metering policy.
SolarEdge reports record revenues, healthy profit in Q1 FY 2016 results
The power electronics firm notes that cost reductions have out-paced the fall in selling prices. During the most recent quarter SolarEdge rolled out its HD Wave, which features a novel inverter architecture.
8minutenergy signs PPA for 191 MW PV project in Los Angeles
8minutenergy Renewables, LLC has signed a PPA with the Southern California Public Power Authority (SCPPA) for its 191 MW dc solar PV project, which is slated for completion in California, the U.S. in Q4 2016.
Australia: Huge response to ARENA, CEFC, Queensland big solar tenders
There has been a huge response to the series of tenders being conducted in Australia for large-scale solar projects, with programs conducted by the Australian Renewable Energy Agency, the Clean Energy Finance Corporation, Ergon Energy and the Queensland government inundated with proposals.
