Meyer Burger raises $107 million in bond issue
The successful placement of the bonds is expected to help the company, which saw net losses grow 9% in the first half of the year. Money from the issue will go to capital requirements and investments in demo equipment.
Solar microinverter, power optimizer market to surpass $1 billion in 2018
Key markets like the U.S., the U.K. and Australia are driving demand for module-level power electronics, according to IHS. The market has already grown to more than $300 million.
Independence will not derail Scotland’s stellar renewables success
pv magazine’s Ilias Tsagas argues that should Scotland’s population vote today in favor of independence, this will not hurt its renewable energy sector but might give it a further boost.
U.S. installed solar PV costs continue to fall
The latest report by Berkeley Lab shows that installed PV costs in the United States fell 12-15% during 2013, despite a stabilization in PV module costs. However, America still has the highest installed costs among major markets for systems under 100 kW.
Suntech, Greenfield team up with youmex in UK
German green energy financier youmex will arrange construction loans, long-term financing and also sell PV solar power plants to investors, while Greenfield and Suntech will provide EPC services and PV panels, respectively.
ZNShine Solar to build 31 MW power plant in Japan
The Chinese group is expanding its EPC activities in Japan and East Asia. Its EPC subsidiary Power Max will build the plant in the city of Hamada.
EDF Renewable Energy to sell 57 MW of solar projects to Dominion
The sale of the two California projects, which consist of four sites, brings the total of projects EDF RE has sold to Dominion to 84 MW.
Asia-Pacific to account for 60% of global PV demand
A year-end surge from China is expected to strengthen the leading position of the Asia-Pacific region in the second half of the year, according to NPD Solarbuzz.
Solar Frontier supplies 21.3 MW project in Japan
Ube Group and Showa Shell Sekiyu have brought on stream one of Yamaguchi Prefecture’s largest PV plants using Solar Frontier’s high-performance CIS modules.
California calls for scaled-down version of Palen CSP project
Regulators at the California Energy Commission have recommended approval of a new plan for the Palen solar CSP project with a single solar tower and reduced acreage. A final decision on the controversial project will be made on October 29.
