Etrion: 138 MW in development in Chile, Japan
The Swiss company, which recently completed its majority owned 70 MW Salvador solar park in Chile, posted a 60% increase in net losses last year as revenue fell 8%.
JinkoSolar to build cell and module facility in Malaysia
Chinese solar manufacturer JinkoSolar will add 500 MW of solar cell and 450 MW of module manufacturing capacity in Penang, Malaysia. Jinko has signed a lease for factory space and will invest US$100 million in new tooling.
Solar eclipse chance to test grid response, say European technicians
Solar power loss expected to be minimal, but event offers unprecedented opportunity to assess the impact of small oscillations on national grids across affected areas in Europe.
Saudi Aramco turns to PV to 'displace hydrocarbons' from electricity generation
The world’s biggest energy company Saudia Aramco has turned to PV as a key technology to reduce its power consumption at its “nonindustrial” facilities. The company has indicated the move will “displace hydrocarbons that could be better utilized within the Kingdom [of Saudi Arabia] or even exported.”
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 consumer—the 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.
