Another round of financing for Sonnenbatterie
Germany storage solutions manufacturer Sonnenbatterie has successfully completed another financing round. Czech investor Inven Capital has managed to increase Sonnenbatterie’s capital with this gesture.
800 MW of solar licenses in Thailand for 2016
Thailand has announced that applications for solar farm licenses will be open to the public sector early 2016. A FIT of $0.16/kWh has been slated for 25 years.
Solar Frontier hits 3 GW of global CIS module shipments
Landmark represents widening of Japanese company’s international footprint, more than 20 million Solar Frontier CIS modules now installed around the world.
China eyes further PV target increase in 13th five-year plan
The National Energy Administration is currently thrashing out the terms of the 13th iteration of its five-year plan, and may outline a 2020 PV target of 200 GW, sources say.
Sunrun lays down terms for $309m IPO
The U.S. solar leasing company sets terms for its planned initial public offering (IPO), aiming to raise up to $309 million after filing its first IPO last month.
SunPower to build 100 MW Nevada solar plant for NV Energy
U.S. solar firm signs 20-year power purchase agreement with Nevada utility NV Energy for a 100 MW solar PV plant planned for the state’s Eldorado Valley in Boulder City.
Huawei, Panasonic subsidiary cooperate in Southeast Asia
Fast growing inverter manufacturer Huawei Technology has signed a two-year agreement with Malaysia’s Panasonic Eco Solutions (PESMY) this week. The deal will see the two companies team up to roll out ‘smart PV’ solutions in the Southeast Asian region.
More mergers and acquisitions to come
A new report from Navigant Research sees increasing market competition fueling vertical integration as well as mergers and acquisition. The annual revenue from global PV installations is forecast to surpass $151 billion in 2024.
UK to scrap subsidies for small-scale solar, announces changes to FIT
The Department for Energy and Climate Change confirms Renewable Obligation scheme for sub-5 MW solar farms to be scrapped from April 1, 2016. Pre-accreditation from FIT to be removed for installations larger than 50 kW.
India solar capacity forecast for 2020 raised by 240%
A newly released Deutsche Bank markets research report has adjusted its solar power forecast prognosis for India to 34 GW by 2020, an increase of about 240% from its previous estimation of 14 GW. India has a pivotal part to play with its 2020 commitment to solar energy increasing five-folds to 100 GW.
