SPI signs joint venture for 50 MW of floating PV projects
The Chinese PV developer will partner with Aqua Clean Energy on the co-development of floating PV projects in four U.S. states as well as Mexico.
Germany: Switching off PV plants during eclipse expensive option
Like the rest of Europe, Germany is bracing for its own version of Black Friday: Higher wholesale electricity prices, increased costs for reserve power and compensation in case of PV plant shutdowns are all in the cards.
Ideal Power and LG Chem collaborate on storage and conversion deal
A multi-year alliance agreement will see LG Chem roll out its commercial and microgrid storage systems in collaboration with Ideal Power’s power conversion technology.
Obama orders government to slash emissions, consume more renewables
The president will sign an executive order today cutting emissions 40% for the nation’s largest energy consumerthe federal government itself.
Israeli election matters for PV industry
Tuesday’s elections will lead to the formation of a new government that will decide whether Israel will meet the high expectations of becoming the region’s real PV powerhouse or simply continue its favorable but not exactly enthusiastic PV policy.
Egypt signs 3 GW solar deal with SkyPower, IGD
The project comes on the heels of the Egyptian government’s announcement to build a new capital city for $45 billion. The Canadian solar giant describes the $5 billion investment for 3,000 MW of utility-scale solar PV projects as a “landmark agreement.”
China boosts 2015 solar target by 20%
China’s National Energy Administration has announced that it will boost its 2015 solar target to 17.8 GW. The NEA has cited the need to, “stabilize and expand the solar application market,” as the reason for the move.
Brazil sets second solar auction in 2015
The South American nation is ramping up solar development with another solar auction scheduled for November.
REC partners with PacificLight to deliver Singapore solar program
Module manufacturer REC will partner with Singaporean utility PacificLight Energy (PLE) to deliver commercial PV systems. The program is called “PLEdge to RECharge Green Energy Program.”
