Phoenix Solar doubles Q1 revenue Y-o-Y
The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.
Siva Power to build CIGS pilot line
Siva Power has raised US$5 million, in a series D round, to construct a pilot line for its CIGS PV technology. The line will be installed at the company’s Santa Clara base.
Germany: Utility survey reveals solar and Energiewende remain popular
A survey carried out by the German Association of Energy, and Water Industries (BDEW) has revealed that solar is one of the most popular industries in the country. It has also demonstrated that a majority of Germans believe the country’s Energiewende, or energy transition, is a “very important” priority.
NV Energy offers green rider for large customers
NV Energy rolls out new green opportunity for customers who wish to be served by renewable energy sources. The energy will be supplied from a new PV plant to be constructed in Clark County, Nevada.
UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds
Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.
9 GW of solar projects registered for July auction in Brazil
The auction will take place on July 29 and is the first of two national solicitations for solar PV to be held this year in Brazil. 295 PV projects have obtained technical accreditation to participate.
Santa Monica mandates solar PV on new buildings
The new mandate is the fifth by a California municipality, and will apply to both residential and commercial buildings.
1366 Technologies secures another $10 million to build commercial-scale kerfless wafer plant
This latest investment brings the companys series C round to $32.5 million, and funds will be used to build the companys factory in Upstate New York.
Vivint Solar switches leadership as CEO steps down
Greg Butterfield steps down as chief executive officer at Vivint Solar, with David Bywater appointed interim CEO as the company looks for a permanent replacement.
Canadian energy company eyes 150 MW PV plant in Vietnam
CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnams Ninh Thuan province, just as the solar market is being stirred within the country.
