South Korean researchers develop new and improved perovskite formula
The blend addresses the technology’s inherent instability problems and reportedly delivers the highest-efficiency perovskite cell to date, according to IEEE Spectrum.
California adopts pioneering advanced inverter standards
State utility commission’s decision will modify interconnection rules in order to secure the benefits offered by advanced inverters.
Scatec Solar to build Google-backed 104 MW plant in Utah
Google and Prudential Capital Group are financing the Red Hills solar power plant to the tune of $157 million. The Norwegian integrated independent solar power producer will manage and operate the PV facility.
Google and Prudential Capital Group fund 104 MW Utah solar plant
Internet giant Google has provided the tax equity finance and Prudential the debt financing for a combined US$157 million investment in Scatec Solars 104 MW Utah Red Hills utility scale solar array.
Deutsche Bank predicts growing solar margins in 2015, despite oil price
In its 2015 outlook for investors, Deutsche Bank predicts a year of growing margins and stable supply and demand dynamics for the year. Diverse demand drivers in the U.S. will be a key highlight, while project financing and permitting progress in China balances potential weakness in Japan.
Brazil: Pure Energy secures $10 million for new module fab
Brazilian development bank BNDES is financing 75% of the reported $17 million, 40 MW-capacity project in the northern state of Alagoas. The decision marks the first time the bank has financed a PV module factory.
Duke Energy signs 20-year PPA for 20 MW project in Indiana
The largest electric power utility in the United States has committed to purchase power from three solar developers for four Indiana communities.
Idaho approves 100 MW solar project
Valued at some $322.5 million over 20 years, the deal provides an average levelized rate of 6.3 cents per kilowatt hour for Idaho Power Company.
Manz books $47.5 million in battery orders
German PV, battery and flat panel production equipment supplier Manz has announced EUR 40 million ($47.5 million) in lithium ion battery equipment supply deals. The details of the orders have not been revealed.
Pakistan overhauls its solar industry for the better
Government approves net metering program and introduces funding scheme allowing homeowners to borrow against their mortgage for solar installations.
