Tesla’s breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.
A court in Freiburg has rejected Solar-Fabrik’s attempts at self-administration insolvency, due to high costs. The news comes on the back of product warnings issued by the company.
The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.
Leading module manufacturer Yingli Green Energy has hit the milestone of 13 GW of PV panel deliveries at the end of the Q1 2015. The milestone is welcome news for the company, after it postponed its 2014 annual report late last month and ceded its number one place, in terms of module output volume, to Chinese rival Trina Solar.
A New Delhi-based company has approved net metering for solar rooftops in India’s capital. Six projects totaling 86 kW will benefit.
Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.
Finavera Wind Energy Inc. has signed a Share Purchase Agreement to acquire 100% of Solar Alliance of America, Inc. The company is looking to capitalize on the residential solar market potential in the U.S.
Last week First Solar publically recognized Von Ardenne for its “valued project execution and collaborative innovation.” The move was particularly significant as it put on the public record the long-standing collaboration between the U.S. thin film leader and German manufacturing equipment supplier. Thomas Böcke, the director of sales within Von Ardenne’s solar division, spoke to pv magazine at the SNEC trade show last week about the historic move.
The first 100 MWp phase of a 1 GWp solar PV park has been grid connected today in the Punjab province of Pakistan.
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