Enphase posts 57% Q4 revenue increase
The U.S. microinverter company generated $105.2 million in revenue in the final quarter of last year, with shipments increasing by 67%.
Hanergy accessing 8.5-11.5% finance
The Financial Times has revealed that Hanergy Group has been accessing high-cost loans to fund its expansion. The FT reports that Hanergy has raised $560 million in capital through “trust products” that charge high interest rates over the last two years.
Duke Energy scouts out 50 MW of solar in North Carolina
The utility has issued a request for proposals for new solar energy capacity in the state as it looks to add to its growing PV portfolio.
Californian utility awarded $5m grant for solar microgrid expansion
San Diego Gas & Electric will use the monies awarded by the California Energy Commission to expand the Borrego Springs microgrid to enable it to operate entirely on renewable energy.
PV+Test 2.0: Hanwha module improves to Good (+)
Hanwha Solar has again submitted a polycrystalline module from the HSL 60 Poly series for testing by PV + Test. Achieving improvements, particularly in performance, the module was rated Good (+).
EU poised to hit RE target thanks to solar and wind, EEA reports
The expansion of solar and wind power across the European Union brings cheer, doubts raised over biofuels and biomass.
Kaiser Permanente to inject solar power into its daily rounds
The non-profit healthcare provider makes pledge to purchase 70 MW of PV from NRG Renew, signs PPAs with NextEra Energy to lower its greenhouse gas emissions nationwide by 30%.
Photon Energy doubles O&M assets in 2014 despite revenue drop
The Amsterdam-based solar energy company, which connected its first off-grid project in Australia last year, reduced its annual loss but said its bottom line was hit by a hefty loss on the revaluation of derivatives.
UK: Success for Welsh solar farm
A Welsh planning inspectorate has approved a 10 MW PV installation after county council committee members rejected the project. The agricultural site will remain in use, with sheep to graze between the solar panels.
PV delivery unit could transform London solar, argues official
London Assembly Member Jenny Jones publishes data revealing 93% of schools in London do not have solar panels installed, calls for PV delivery unit for the city.
