UK: FIT pre-accreditation to end on October 1
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 reveals financing details for 200 MW Tranquillity solar project
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.
Jinko secures $1.5 billion credit facility for project business
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, NEXTracker launch new solar alliance
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.
SolarEdge launches HD-Wave technology for inverters
Company claims new advanced digital processing can dramatically lower inverter’s weight and size while optimizing performance; market launch penciled for December.
SolarCity to provide dispatchable power from utility-scale solar in Hawaii
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.
Soltec to open a new tracker factory in Brazil
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.
Flextronics to buy NEXTracker
Four months after NEXTracker chose Flextronics to make its single-axis trackers, the contract manufacturer has entered into a deal to buy the company.
Australia: CEFC to tip another AUD$250 million into large scale solar projects
Australia’s Clean Energy Finance Corporation is to tip another AUD$250 million of financing into large scale solar projects, as part of a co-ordinated drive among government agencies to build up to 10 major projects and drive down the cost of large scale solar.
Strong Q2 numbers show the increasing competitiveness of U.S. solar
A record 5.3 GW of PV under construction in the United States reflects solar PV’s increasing ability to compete with conventional power on price.
