Distressed Crimean PV power plant projects look set to be sold to Russian energy giants at the behest of the government. Foreign buyers are also said to be interested in purchasing the assets.
Stock analyst Deutsche Bank has produced an investment note in which it has expressed a bullish outlook for solar. Deutsche notes that yieldcos in both established and emerging solar markets are proving to be a major driver of growth the solar sector.
The Chinese solar company has signed an investment framework agreement with the group for 930 MW of solar PV.
Report by Renewable Energy Association and PwC finds installed clean energy capacity increased by nearly a quarter in past year, with jobs in sector up 9%.
Tracker application is growing fast, with IHS finding that 4 GW of tracker installations were installed in 2014, representing growth of more than 60%. Array Technologies remains the market leader however it is losing market share.
Japanese thin film producer and project developer Solar Frontier has entered into agreement to supply and construct a 100 MW pipeline of projects in the UK. Construction on the first project will take place in Q3 2015.
The German inverter manufacturer increases year-on-year sales to $254.7 million, driven by growth in the large-scale sector. Hefty staff reduction almost completed.
The U.S. residential installer posted positive results across the board, including a 172% year-on-year revenue increase and a 131% rise in MW installed.
Japanese thin film manufacturer to partner with New Energy for the World to develop 100 MW of CIS solar parks across the country, following success of previous 7.15 MW project in Banwell.
The small commercial rooftop market in Australia could be set to get a short-term boost, under a provision targeted at small businesses in the federal budget handed down this week. The measure would allow businesses with annual revenues of under AUD$2 million (US$1.6 million) to immediately write off purchases up to AUD$20,000 (US$16,000) against their tax bill.
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