Suntech buys up 30% of US storage company Powin Energy, wins best-in-class panel rating
The Chinese solar producer has paid $25 million for a 30% share of Powin Energy, and could acquire a further 30% over the next two years.
Saudi PV LCOE between $70 and $90/MWh
Utility scale solar PV can achieve a LCOE of between USD$70 and $90/MWh in Saudi Arabia at present, according to French PV developer Solairedirect. This price is four times lower than it was in 2009, meaning PV electricity in the Kingdom could become the cheapest in the world.
China surpasses Germany as world's solar bright spot
Global Renewable Energy Report 2014 finds that China now boasts the world’s biggest solar market, accounting for investments of $23.56bn last year.
Sunnova raises $110m to accelerate customer growth
The Houston, Texas-based solar service company will plow the funds into its solar service offering to homeowners across the U.S.
PV threatened as outlook for RET worsens Down Under
Support for both large and small-scale solar installations in Australia look increasingly threatened as sounds from the federal government regarding the Renewable Energy Target (RET) turn from bad to worse. Both the Prime Minister and the review head are indicating that the RET is likely to be scaled back.
Mississippi Power unopposed to net metering, eyes 100 MW RE procurement
The state utility has revealed it will not oppose net metering rules for residential solar, and announces potential solar and wind PPAs of up to 100 MW.
Japanese PV market booms: over 1 GW-AC put online in April, 10-12 GW-AC predicted for 2014
Japan’s solar market is continuing to grow, with more projects coming online in 2014, according to new data and projections from Bloomberg New Energy Finance. The company expects Japan to commission between 10.3 and 11.9 GW of solar PV during 2014.
China requests extension for US trade case settlement
Letter sent by Chinese government representatives to DOC asks for another week in which to strike a deal in the ongoing solar trade war.
BNEF: Solar poised for rapid growth in Mexico and Central America
Bloomberg New Energy Finance has presented a new report which finds that investments in solar slumped in the region in the first half of 2014, after booming in 2012 and 2013. However, the company notes strong drivers and policy momentum in both markets, and expects rapid growth across the region.
Indian government pushes states to ultra-mega projects
Plans have emerged for the Union government of Narendra Modi to kick-start mammoth-scale projects in five states. But there has still been no indication of where the panels will come from for ultra-mega projects.
