Leclanché secures $8.2 million in financial backing
Swiss battery maker, Leclanché has secured CHF7.7 million (around US$8.2 million) in additional funding to support its growth plans. Major shareholder, Recharge Aps has also agreed to convert up to CHF 17 million of its loan into equity.
10 companies take legal action over EUR 100 billion Hinkley nuclear subsidies
An alliance, including Greenpeace, is appealing the European Commissions decision to approve subsidies for the British nuclear power plant, Hinkley Point C. Germanys Bundestag is voting this evening on whether to follow suit.
CEFC supplies AUD100 million for solar leasing
Australia’s Clean Energy Finance Corporation (CEFC) will provide ADU100 million (US$77.2 million) to support the rollout of solar leasing by utility Origin. The funds will be provided over a 12-year period.
US solar output 50% higher than official figures suggest, report finds
A joint study by GTM Research and kWh Analytics finds that distributed solar in the U.S., absent from official EIA figures, accounts for 9.2 GW, or 45%, of the nation’s capacity.
Solar Independence Day: where does UK solar go from here?
The U.K.’s Solar Trade Association will once again host a Solar Independence Day on Friday and Saturday, with the industry at something of a crossroads under the new government.
Germany registered 101 MW of new solar PV in May
Installation slowdown means that the FIT will be cut by just 0.25% across Q3 owing to cumulative capacity additions coming be below the government corridor of 2.4-2.6 GW.
Analysis: Innovation is mounting
Cormac Gilligan from IHS examines pv magazine’s 50 array-changing technologies selection and finds that while innovation in mounting technologies remains slow-paced, the signs are positive that change is coming. In the area of power electronics, the usual suspects are leading the way for change.
Manz revises 2015 financial forecast downwards
Recent order cancellation shaves EUR 12 million from the German tooling supplier’s electronics division, prompting revenue forecast revisal below previously stated figure of EUR 320-340 million.
Enphase expands Grid Alternatives partnership by 3 MW
Microinverter supplier Enphase has expanded its partnership with Grid Alternatives. The extended cooperation should see another 3 MW of solar added to low-income households and communities.
Younicos and Duke Energy combine on 36 MW Texas storage project
German battery specialist Younicos, together with Samsung SDI, to collaborate with U.S. utility Duke Energy on creation of 36 MW storage plant in Texas.
