Solar becoming 'least-cost option' for US utilities
Solar energy is fast becoming a ‘least-cost’ option for U.S. utilities. Declining technology costs, policy support and retail rate levels are cited as contributing factors. Issues, including rate restructuring and grid integration, need to be addressed; meanwhile, community solar programs are garnering strong interest.
Construction begins on 97 MW Chilean PV plant
Construction on Enel Green Power’s (EGPs) 97 MW Chilean PV power plant is underway. It is scheduled for completion in 2016.
Tesla 'R' Us: more solar firms partner with the Powerwall
Tesla’s breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
Advanced Energy enjoys Q1 profit of $21.3 million
Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.
Court rejects Solar-Fabrik's self-administration insolvency plans
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.
SolarCity secures $500m aggregation loan for distributed solar
The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.
Yingli hits 13 GW of deliveries
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.
Net metering rolled out in Delhi
A New Delhi-based company has approved net metering for solar rooftops in India’s capital. Six projects totaling 86 kW will benefit.
Global inverter market shrinks 4%, Asian suppliers gaining, says IHS
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 makes solar debut with Solar Alliance acquisition
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.
