ITC extension will assist solar growth, says US Energy Secretary
Ernest Moniz says the Obama administration backs Democrats’ calls for an extension of the Federal ITC; stresses the solar industry can grow without further subsidy but states time is running out to offer appropriate support.
Enel Green Power unveils $600m Brazil solar plan
Italian developer will invest $600 million in development of 553 MW of new solar PV capacity awarded under Brazil’s latest solar tender.
United PV posts H1 revenue increase of 125%, profit decrease of 26%
Chinese solar firm reports revenue for first six months of the year of $44 million, but profits decrease 26% to $40 million compared to the same period in 2014.
Aqualis to acquire 49.9% stake in Adler Solar
Engineering consultancy group signs MoU to purchase large stake in German solar service provider for sum of around $3.4 million; has option for further 10% stake at future date.
E.ON grows PV power plant development business
Germanys E.ON has announced that it is continuing to expand its U.S. and German PV power plant business. E.ON will develop a 20 MW project in Kern Country, California, after having completed a 2.1 MW plant near Neubrandenburg, in Germanys northeast, earlier this year.
Hanwha Q Cells adds 45.2 MW to its UK solar footprint
South Korean solar firm secures two large-scale solar farms in the U.K.; agrees 15-year power purchase agreement with EDF Energy.
Analysis: Growing domestic demand convincing solar companies to invest in India
GTM Research senior solar analyst Mohit Anand says that international suppliers such as JA Solar and Trina are gaining confidence in India’s home solar market.
Brazil's largest PV module factory inaugurated
The 180 MW factory is located in the state of São Paulo, as the largest PV factory inaugurated in the nation to date.
U.S. IRS allows community solar owner to access the ITC
A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.
SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
