Znshine officially out of MIP
The European Commission has officially removed Chinese solar PV module manufacturer, Znshine from the EU minimum price (MIP) agreement. It has rejected calls for retroactive withdrawal, however.
Hörmann Group takes Innotechs insolvent cell production over
The Hörmann Group has taken over ITS Halle Cell GmbH, a German subsidiary of the insolvent Norwegian group Innotech Solar AS. The newly-founded Hörmann ITS Cell GmbH has acquired 31 employees and the PV production site in Halle.
Adler, viamon pilot project sees theft protection installed in 18 MW PV park
Adler Solar and viamon have completed a joint pilot project in the U.K., which saw theft protection devices installed in an 18 MW solar PV park. The companies claim to have built the worlds first GPS-based safety concept for PV installations.
Natcore aims for 2016 production of silver-less solar cells; companies express interest
Natcore Technologies Inc. has said pilot demonstration of its silver-less solar PV cells is expected in early 2016, with production available later in the year, if successful. To date, four companies have expressed interest in the new technology.
JinkoSolar raises FY module shipment guidance
JinkoSolar has raised its full year solar PV module shipping guidance to 4 to 4.5 GW, and expects to grid connect up to 800 MW of new projects. Overall, the Chinese solar company has recorded a relatively strong Q2.
US: SunEdison closes $253 million financing on 156 MW PV project
SunEdison Inc. has closed financing worth US$253 million, and begun construction, on a 156 MW (DC) solar PV project in Colorado, the U.S. It is expected to be completed early next year.
GE signs 30 MW battery storage deal with CESP
Coachella Energy Storage Partners (CESP) has contracted GE to supply it with a 30 MW Li-ion energy storage system, as part of its contract with the Imperial Irrigation District (IID). Commercial operation is scheduled for Q3 2016.
El Salvador to hold 150 MW renewable energy auction
This will be the nation’s second auction for renewables in only a few years. When the projects approved are built, solar is expected to play a much larger role in the nation’s energy mix.
Federal regulators clear SunEdison to acquire Vivint Solar
SunEdison has the approval of the U.S. government to proceed with its planned acquisition of Vivint Solar, which will give the company a major presence in the U.S. residential solar space.
Canadian Solar results dip slightly during Q2, preparations for yieldco continue
Canadian Solar retained a healthy margin and profit in its latest quarterly results, and reported strong operational results, despite shipments below guidance. The company says it is progressing towards establishing a yieldco vehicle, but retains backup plans.
