On Sunday midday, about 80% of the electricity demand in Germany was covered by renewable sources. A lot of sun and wind made this possible.
ReneSola recorded a number of Q2 2015 losses which, it says, reflects its shift from upstream to downstream activities. In the second half of the year, it plans to develop and build over 300 MW of solar PV projects and increase Q3 net revenues.
Taiwan-based TSMC has announced it will exit the thin film industry, ceasing manufacturing activities at the end of August, due to the fact its “solar business is no longer economically sustainable.” All product warranties will be honored said the company, and all workers will receive employment offers.
SolarCity stock has seen a series of ups and downs in recent days, falling to its lowest level since October 2013 over the weekend. However, the stock showed a modest recovery following Musk’s move.
NTPC Limited has announced a reverse auction for the development of 750 MW of solar PV projects in Anantpur, Andhra Pradesh. Bidding will open on October 29.
The Indonesian government has announced it will provide tax incentives to investors seeking to develop renewable energy projects in the country.
Little Buffalo, a hamlet in northern Alberta, Canada is now home to a 20.8 kW solar PV installation. The Piitapan Solar Project has risen up as a viable and clean energy alternative in a landscape filled with oil sands.
In a response to a request from the Green Party, the German Government has said that bids for the countrys second pilot solar tender for ground-mounted PV systems are between EUR 0.01 and EUR 0.1098/kWh. They are declining to comment on the unit price or average value of the bids, however.
Solar Power Inc. (SPI) announced the launch of its online payment platform Lvdiantong. The green energy platform enables households in China to pay for retail electricity from renewable sources over the internet.
First Solar Inc. is planning to build a 475 MW solar PV project in the Atacama region at a cost of US$952.3 million. Grenergy Renovables, meanwhile, has said it is planning to invest $54 million in installing 27 MW of PV in the country.
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