Foresight increases asset value in Q1, eyes more UK solar investments
The U.K. company has refinanced and extended its revolving acquisition facility from £100 million to £120 million in order to back future project acquisitions. All of the 10 solar installations in its 233 MW portfolio are fully operational and secured ROC accreditation ahead of the March 31 deadline.
EPIA calls for free solar market
The European Photovoltaic Industry Association (EPIA) has officially spoken out against the European minimum price on PV modules on Chinese and Taiwanese solar cells and modules. EPIA has taken the position against the EU minimum price because of the negative impact it is having on the EU solar market.
Manz claims 16% CIGS module record
German PV and battery manufacturing equipment supplier Manz has claimed a module efficiency world record for CIGS technology on its innovation line. The 16% conversion efficiency record was unveiled on Monday at the SNEC conference and trade show in Shanghai.
Shungfeng CEO applauds EPIA minimum price stance
Eric Luo has applauded EPIA’s position on the EU minimum price, saying that renewable energy rollout should not be blocked anywhere in the world by protectionism. The Shungfeng CEO told pv magazine that the company is seeking to position itself as an integrated energy service provider as the solar market transitions from component sales to a service-based industry.
China, Kenya establish solar technology transfer center
The new facility outside of Nairobi, which opened on Friday, will boost the East African country’s burgeoning solar sector, say execs.
SolarWorld posts Q1 net loss despite revenue increase
The German-U.S. PV manufacturer continued making net losses for the fourth quarter in a row but managed to increase shipments by 44% to 202 MW as sales rose 50% due in large part to the dynamic U.S. market.
Solar Frontier completes acquisition of Gestamp Solar's 280 MW US pipeline
The leading Japanese CIS solar energy company has established a new U.S. division headed by COO Charles Pimentel to facilitate its expansion in North America.
Masdar launches UAE's first independent solar testing and R&D lab
The Masdar Solar Hub will serve as a platform to test solar energy systems and deliver new innovative technologies to market.
Beyond the grid
pv magazine’s weekly round-up of the global off-grid sector. Rockefeller funds Indian offgrid array, portable offgrid array launched, and Azuri partners with government in Ghana.
Singulus launches financial and strategic restructuring
Given the big losses it occurred in 2014, equipment supplier Singulus is accelerating its shift in strategy and offering a debt-for-shares swap to bond holders. The measures are on the back of more than $50 million in losses in 2014.
