Developer to collaborate with Mississippi Power to build a 50 MW solar farm in Hattiesburg that will become the largest single solar installation in the state.
Despite recording new order increases, Meyer Burger Technology Ltd has been forced to revise its revenues downwards following further delays in customer projects. An overall EBITDA loss is also expected.
Contracts granted by the government for the development of 930 MW of solar PV capacity and almost 550 MW of wind farms as part of a $1.7 billion push to upgrade the nations energy system.
LDK has been in financial trouble for years, but has provided little information as to why President & CEO Xingxue Tong is departing.
Local solar power firm Sunseap to supply all of the tech firm’s electricity needs in the country from next year via a 1.1 MW array and 800 solar rooftop systems installed across Singapore.
A number of solar plans have been announced across the African continent, including Sterling and Wilsons aim to install 500 MW of PV across the next three years; and a US$100 million investment for renewables deployment in Rwanda and Uganda.
Citing growing demand, Solargiga plans to double module production through a joint venture with Motech in China.
Hong Kong-listed solar developer is aiming to end 2016 with a new installed PV base of 2.4 GW in China, building upon 2015’s estimates that has seen 1 GW of new capacity added.
Climate financing reached US$391 billion in 2014. While private investment comprised the lions share driven by renewable energy deployment, and solar PV in particular public financing notably increased. Despite the rise, the investment gap between what is required and what is being delivered is said to be growing. A preference towards domestic financing also highlights the importance of policy and support frameworks.
Battery storage could be just five years away from being an economic no-brainer for some Australian solar households, according to a new report which predicts grid-connected battery storage will be economically attractive for many homes from around 2020. RenewEconomy reports.
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