Installation rate hits inflection point in New Zealand
Solar installation rates in New Zealand have grown by more than 220% in 2015, over the previous 18 months. New figures from the Electricity Networks Association show that while there were 1,630 PV arrays in New Zealand as of October 2013, that number has now climbed to 5,367.
REC Solar sees European market shrink 35.6% in Q1
The U.S. now represents REC Solar’s primary market, accounting for 39% of all modules sold in first three months of the year. Module sales globally shrink by 16% quarter-over-quarter.
SPI to acquire Germany's Energiebau
The China-based solar developer will acquire certain assets of the German wholesaler, which filed for insolvency at the end of last year before being purchased by Innotech.
GT evaluating damage after fire at Sapphire facility
U.S. production equipment supplier GT Advanced Technologies reports that it is currently assessing whether production equipment housed in an Arizona factory at which a fire broke out last week has been damaged. The fire was on the factory roof and “in the area of a solar array,” said GT.
IBC Solar completes 11 MW solar project in India
The large-scale array is the German solar company’s fifth such development in the country. Installation located in Indian state of Rajasthan.
Australia's CSIRO rolls out PV residential monitoring platform
Australian-made technology that will allow householders to remotely monitor and control their electricity usage, and utilities to coordinate demand management programs, is being trialed in the city of Perth and regional Queensland.
SunEdison to build seven solar parks on Long Island, New York
Renewable energy developer signs agreements with five municipal entities for the plants, which will add a combined total of 14 MW of PV to Long Island.
SolarCity and BofA create $200m tax equity fund for smaller investors
Newly created funding pot aimed at regional banks and other smaller corporations interested in offering solar finance packages to residential customers.
Younicos launches North American storage consulting service
Following successful consulting engagements in Europe, Younicos will offer suite of storage-related technical consulting services to North American customers.
US clean energy use hits 80 year high, says EIA
Data from the Energy Information Administration reveals highest levels of renewable energy use in the U.S. since the Great Depression of the 1930s.
