EPC contractor, Nari Group has been chosen by SunEdison and Aboitiz Power to work on a 59 MW solar PV project in the Philippines. It is expected to be operational in Q1 2016.
Energy giant, E.ON will not spin off its nuclear power plants into new company, Uniper, as previously planned. Instead, they will remain under its renewable energy business. According to E.ON, this move does not affect its previously announced corporate strategy realignment.
Government ignores industry opposition to its proposal to scrap the pre-accreditation process for the FIT, with energy secretary stating decision means better control over spending.
Canadian Solar Inc. subsidiary, Recurrent Energy, has secured US$337 million in financing for its 200 MW Tranquillity solar PV project, located in Fresno County, California.
JinkoSolar has signed a deal to secure a RMB10 billion (US$1.56 billion) line of credit from the Industrial and Commercial Bank of China (ICBC). The credit facility will be used by Jinko to develop PV power plant projects.
Conergy and NEXTracker have launched the Latin America and Caribbean Solar Alliance (LACSA). The aim is to support solar deployment in the region, which is currently experiencing rapid growth.
Company claims new advanced digital processing can dramatically lower inverter’s weight and size while optimizing performance; market launch penciled for December.
Utility KIUC has signed a contract to buy electricity from an integrated solar and storage system that SolarCity will build on Kaua’i. The system will provide power on demand to meet evening peak on the island’s grid.
The new facility is part of a wave of investment in solar manufacturing in Brazil, and will be used to supply Latin America’s booming solar market.
Four months after NEXTracker chose Flextronics to make its single-axis trackers, the contract manufacturer has entered into a deal to buy the company.
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