China, Saudi Arabia to cooperate on renewable energy development
The Middle Eastern kingdom targets 41 GW of solar power by 2032 as it seeks to free up more of its abundant oil and gas reserves for lucrative export.
Dubai launches tender for 100 MW Phase II of solar park
After reviewing 49 potential projects in May, the electricity and water authority has shortlisted 24 developers for the second phase of the tender, which remains open to bids until October 23.
SunPower introduces pilot solar lease program Down Under
The company’s pilot program in Melbourne is modeled after its successful residential leasing program in the United States. SunPower systems are available in other regions of Australia through cash and loan programs.
David Cameron stands firm on UK solar plans despite trade petition
British PM’s response to STA-led petition recognizes solar’s key role in the U.K. energy mix but dismisses calls to review ROC decision.
Chaori Solar administrators to draft restructuring plan
Administrators of first Chinese company to default on a domestic corporate bond have drawn up plans to shape the reorganization of the company and its assets.
Hanergy changes name, adds Thin Film Power
The new branding reflects the company’s global focus on thin-film technology. The company recently acquired U.S. firm Alta Devices.
TÜV SÜD to offer storage system certification
The German testing group has unveiled its new Renewable Energy Storage Systems certification program, which it says will aid manufacturers as well as sellers and end-customers.
Shunfeng secures $3.25 billion credit line from China Minsheng
The Chinese PV giant has landed its another major loan facility following a separate $323 million agreement in July with China Merchants Bank.
Off-grid solar system brings energy transition to Alabama steel company
Apel Stel Corporation’s new 340 kW PV system, boasting more than 1,000 Suntech solar panels, meets 98% of the company’s energy needs.
Australian solar industry could decline by 40% to 50%
The Australian Solar Council has warned that demand for PV in the country could fall by around 40% to 50%, if the Renewable Energy Target is scrapped. The Australian Financial Review newspaper revealed today that the government has requested modeling to investigate removing the RET altogether.
