REC to offer bid in Dubai's 800 MW solar park tender
The Oslo-based PV manufacturer company says that REC solar panels are tough and reliable enough to withstand the heat and sandstorms that exist in Dubai.
Solar funding rises in Q3 despite dismal stock prices
Mercom Capital’s latest quarterly report shows the volume of VC funding and debt financing rising during Q3, while public market financing fell.
California Governor Brown signs 50% renewable portfolio standard into law
The mandate of 50% renewables by 2030 is one of the strongest in the nation, and is expected to drive substantial investment into solar.
1366 chooses New York to build its first commercial-scale wafer facility
After years of delays, 1366 Technologies has announced plans to break ground on the factory to produce its proprietary Direct Wafers no later than the second quarter of 2016.
Update: SunEdison to cut 15% of global workforce
Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.
Panasonic announces 22.5% module-level efficiency solar panel
Company claims new solar module prototype sets new world record for module-level efficiency based on mass-production technology. New HIT N330 high-powered module set to debut in U.K.
LCOE for renewables decreases, fossil fuels see increase
The generating cost comparison between renewable energies and fossil fuels is narrowing, with 2015 recording a “significant shift,” says BNEF. Overall, levelised costs of electricity (LCOEs) for renewable energies are decreasing, while those for fossil fuels are increasing.
South Africa announces 1.5 GW solar park plan
Energy ministry ‘putting in plans’ to develop large-scale PV plant in Northern Cape, augmenting wider aim to add 1 GW of renewable power to the grid to ease current constraints.
UK: Energy minister gets 'tough' on subsidies, backs fracking
Speaking at the Conservative conference, Amber Rudd says that there is no magic money tree to support the transition to low carbon economy, cites attractiveness of fracking as a “cheaper alternative”.
Germany calls for 200 MW in last PV tender of 2015
In the third, and final, solar PV auction of the year, the Federal Network Agency is looking to invite 200 MW worth of tenders for ground-mounted installations. The deadline for tender submissions is December 1. Again, the price for generated energy will be determined by a uniform pricing method.
