AES targets distributed PV, storage with purchase of Main Street
AES Corp., a U.S.-based developer of conventional wholesale generation and owner of distribution utilities with $39 billion in total assets, is making its first major move into distributed solar with its $25 million acquisition of Main Street Power.
Jordan’s universities install solar
pv magazine has learned the Hashemite University is soon going to announce the winner of its tender for a 5 MW solar PV park at its premises in the city of Zarqa in northeast Jordan. The solar installation represents an overall trend in the country, where an increasing number of educational institutions are embracing PV.
Russia: Hevel launches first full-cycle PV module factory
The fab’s thin-film solar module production technology is based on spraying nanolayers in the manufacturing process, which allows up to a 200-fold reduction in the use of silicon — the main raw material in solar energy.
Huawei signs 150 MW inverter supply deal with Apollo Energy Group
The Chinese ICT giant agrees to supply its inverters to the Japanese renewable energy company as it expands rollout of its smart PV solutions.
Solar PV at grid parity in 80% of globe by 2017
A new report from a MENA region bank shows that solar will be at grid parity within two years in 80% of the world. The Middle East’s leading bank, the NBAD, presented the report on Sunday, concluding that the recent DEWA solar auction demonstrated that solar is competitive with oil at $10/barrel and gas at $5/MMbtu.
Heliatek supplies Asia's largest BIOPV installation
The Dresden-based organic PV provider is partnering with vTrium Energy on a pilot program that will contribute to the creation of a base for Singapore’s future energy mix while also delivering comprehensive data on the performance of the company’s solar films in tropical climates.
Mounting Systems grows UK presence ten-fold in space of a year
The German-headquartered mounting specialist sold 204 MW-worth of racking systems in the U.K. in 2014, massively outstripping its sales performance 12 months prior.
JinkoSolar 2014 net profit soars, Q4 earnings up 50%
Falling oil prices won’t affect PV growth, says CEO Kangping Chen, who points out that “mounting concern over the environment has been one of the driving factors behind increased solar demand in many key markets, China in particular.”
US: World's highest prices for Chinese modules
The United States is the highest-priced market for Tier-1 Chinese manufacturers; at the other end is Chile, with the lowest prices, acccording to GTM Research’s latest report.
Swinerton taps Array Technologies for Utah's largest solar park
Expected to generate some 210 million kilowatt hours annually, the Utah Red Hills Renewable Park will use 104 MW of Array’s DuraTrack HZ single-axis tracking systems for the 630-acre installation.
