Project in the state of Madhya Pradesh commissioned for IL&FS Energy Development Company Limited. Vikram also secures 10-year O&M contract for the plant.
SunEdison has recorded a Q1 2015 net loss of US$424 million, significantly down on the loss of $288 million seen in Q4 2014. Net sales have also fallen, both Q/Q and Y/Y. The company has further announced the acquisition of five new RE portfolios and two corporate platforms.
A genuine solar boom, the internationalization of manufacturing, yieldcos and technology to drive conversion efficiencies higher were major trends to emerge from the SNEC trade show and conference last week in Shanghai, China. Here are five of the key trends.
The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.
Decision by European Commission to probe minimum import price on Chinese solar panels could force renewal of anti-dumping and anti-subsidy duties.
The leading British solar developer to offer up to $60,000 per MW for introduced sites eligible for large-scale PV development.
The U.S. renewable energy developer is to rollout its residential PPA across states. Company acquires LightWing and announces partnership with Evolve Solar.
The country’s solar sector is set to become profitable this quarter, says Japan Renewable Energy Foundation, ahead of July’s FIT cuts.
Microinverter specialist reports first quarter revenue of $86.7 million, shipping 162 MW of micro inverters, an increase of 74%.
Tesla presented its new battery power-storage system last week in California. The sensational low price of the system does not yet have the competition shaking in their boots; not officially, at least. On the contrary, whether the device can deliver on all that it promises is questionable.
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