First Solar secures loan for Japanese pipeline
U.S. thin film producer and developer First Solar has secured a loan facility from Mizuho Bank to develop utility scale PV projects in Japan. The loan is for US$33 million and First Solar has indicated that it will work with local companies to realize the solar farms in the country.
Argentina passes renewable energy law: 20% by 2025
The law includes an 8% target by 2017, a price cap for contracts, and an obligation for large energy users.
NEXTracker completes 110 MW shipment to SunEdison Chile solar farm
Supply of Self-Powered Trackers to the 110 MW Quilapilun power plant in Chile now complete; SunEdison developing the project, which is set to become the company’s largest in South America.
Solar a solution in sub-Saharan Africa, says UK minister
British International Development Minister Grant Shapps says cheaper solar panels can deliver a solar revolution to Africa, reaffirms U.K.’s commitment to aid the development of the fledgling solar market.
Indian power giant proposes 4 GW solar goal
Neyveli Lignite Corporation (NLC), which relies on lignite and coal to deliver power to India, has ventured into the world of solar PV; 10 MW array first step towards 4 GW installation goal, chairman says.
Hanergy deputy chairman resigns, founder blames short sellers for stock collapse
The founder of Hanergy Thin Film Li Hejun has blamed short sellers for the dramatic decline of his company’s share price. Li made the remarks at an event marking the anniversary of Hanergy’s founding. The company has also announced today that company deputy chairman Liu Min has resigned.
US: Utility-scale solar averaging five cents/kWh, study finds
Report by Lawrence Berkeley National Laboratory finds that utility-scale solar project developers negotiate average PPAs of just five cents per kWh, an all-time low figure; 30% ITC helps lower costs.
JinkoSolar reaches lawsuit settlement to tune of $5.05 million
Chinese solar manufacturer enters into settlement relating to 2011 lawsuit brought over environmental regulation dispute to “eliminate uncertainty” and burden of further protracted litigation, says company.
SolarCity maintains grip on US residential solar, says GTM report
GTM Research’s U.S. PV Leaderboard finds SolarCity installed 34% of all residential array in the first half of the year, followed by Vivint at 12%; SolarCity also cornered 34% of the market in 2014.
Heraeus adds No. 610 paste to Giga Sola lawsuit
German metallization paste supplier Heraeus has added the No. 610 Giga Solar paste to its patent infringement case. Previously pastes including No. 590, 590A and 600 were included in the lawsuit.
