SunEdison forms $1 billion investment vehicle with Goldman Sachs
SunEdison has formed a US$1 billion warehouse investment vehicle with investment funds managed by Goldman Sachs. There is the possibility to expand this to $2 billion. If exercised, this would bring the renewable energy giants total warehouse platforms to $4 billion.
SunPower's Mexicali fab earns Landfill-Free verification
Recognition awarded for the U.S. solar company’s PV module production facility in Mexico, which demonstrates that 99% of waste generated is diverted from landfills.
Phoenix Solar to build 6 PV plants in Turkey
Phoenix Solar AG will build six solar PV plants in Turkey totaling 6.9 MWp. Construction is to begin immediately, with the plants scheduled to be operational by year end.
India: Neyveli Lignite to develop 600 MW of PV plants
Tamil Nadu-based lignite mining giant, Neyveli Lignite will be setting up 600 MW of PV plants as part of the move to increase its total power generation capacity.
Hareon Solar announces third Indian investment
Hareon Solar has unveiled new solar plans in India the third investment announcement since its foray into the budding solar market in July. Under the new partnership, the Chinese company will work with Nereus Capital and Treasury Group to invest in solar projects in the country.
Trina ups FY shipping guidance on back of 'strongest ever quarter'
Trina Solar has recorded its “strongest ever” quarter, having achieved record results in Q2 2015. On the back of this, the Chinese solar company has upped its FY shipping guidance to 4.9 to 5.1 GW. It has also announced increased manufacturing capacities.
Panasonic at the reins of EV battery market
The latest Lux Research market report on energy storage puts Panasonic as the company currently leading the battery landscape for plug-in vehicles. Lux Research expects this market segment to be worth $30 billion in 2020.
Turkish investor acquires Solarion
Turkish company, OC3 AG has acquired Solarion AG, thus marking the second time the German photovoltaic manufacturer has been successfully rescued from the brink of insolvency. Solarions Leipzig base is to be retained, as are all its employees.
Natcore swaps silver for aluminum in solar cells
In what is expected to bring “substantial” cost savings to the industry, Natcore technology Inc. says it has successfully swapped silver for aluminum in its solar cells. A provisional patent application will now be filed.
More than 2 GW-AC of solar PV under construction in Chile
Chile’s Center for Renewable Energy has put out its latest report, which documents the dramatic growth of solar PV in the nation. Chile is easily the leading Latin American solar market at present, but is set for a slow-down in coming years.
