Aqualis officially acquires stake in Adler Solar
Aqualis ASA has officially acquired a 49.9% stake in Adler Solar Services GmbH for around EUR 3 million. The aim is to draw on Aqualis infrastructure to further the internationalization of Adler.
UK: Installation rush expected as subsidy cuts loom
Figures from Department of Energy and Climate Change reveal 59% increase in FIT-based installations from August to September, with trend expected to accelerate through to end of year.
Yingli unveils 20 MW Turkish PV pipeline
Yingli Green Energy Europe GmbH and Motif Proje ve Insaat Ltd. Sti have joined forces to develop 20 MW worth of solar PV projects in Turkey. Half is expected to come online by the end of 2016.
Indian solar tender to close with bids below 8 US cents per kWh
Second round bid results for the National Solar Mission tender in the state of Andhra Pradesh sees 500 MW of solar to close below INR 5.37/kWh, reports Bridge to India.
Deutsche Bank reviewing China solar demand targets
With evidence emerging that Chinas National Development and Reform Commission (NDRC) is considering solar and wind tariffs by 5.5 6%, Deutsche Bank has signaled that it is currently revising its PV demand forecasts for the market for 2015/16. Deutsche Bank has described the timing of the potential cuts as somewhat surprising.
SunEdison to build 2.9 MW solar array for Bloomberg's NY data center
Solar firm signs PPA with Bloomberg for the delivery of a 2.9 MW solar system to offset 5% of the emissions from the company’s Rockland County, New York-based data center; agreement will save more than $2 million.
Update: Ikea winds up Hanergy distribution deal
Ikea will no longer distribute Hanergy Thin Film modules in Europe. The Financial Times, who has lead the coverage of Hanergys spectacular downfall, reported today that homeware giant has ended its agreement with Hanergy.
Hanwha Q Cells to build a 170 MW PV plant in West Texas
Hanwha Q Cells and Austin Energy have signed a 25-year power contract for the project, as part of 450 MW of solar contracts recently approved by Austin’s City Council.
REC puts online Hawaii's largest solar plant
The 12 MW-AC solar project will meet 20% of the island’s demand during daytime hours, and incorporates a 6 MW battery storage system.
First Solar records Q3 sales of $1.3 billion
U.S. thin film producers and project developer First Solar has recorded quarterly sales of $1.3 billion for Q3 2015. With its book-to-bill ratio of one-to-one, the company has expressed cautious optimism for the U.S. utility scale market after 2016.
