JinkoSolar secures $39 million loan from China Development Bank
The credit line will bankroll two PV projects with a combined capacity of 35 MW that have already gone online.
Mexican president inaugurates one of Latin America's largest solar farms
Mexican President Enrique Peña Nieto dedicated the 39 MW Aura Solar I farm on 26 March. The plant is slated to produce 82 GWh per year, which should fulfill the energy needs of 65% of the households in the city of La Paz.
String inverters see increasing use in megawatt-scale PV projects
A new IHS report shows string inverters are gaining in popularity. Chinese products and microinverters are also winning over ever more customers.
Schneider Electric to establish inverter fab in Russia
In addition to a planned fab in Siberia, Schneider and Avelar Energy will also partner on an engineering center in Russia, which will focus on inverter maintainance.
Manz acquires KEMET mechanical engineering division
Germany-based Manz has acquired Kemet Electronic Italy. Approval for the transaction was granted by the Italian trades union and the supervisory bodies of both companies. Financial details for the move have been not published.
Capital Stage posts 54% boost, forecasts sunny future
The Hamburg-based renewable energy group has expanded its investor base and moved into France, where it has made its biggest ever investment in four solar farms with a combined output of 40 MW.
Outlook for solar industry good despite current troubles, according to analysts
The solar industry is liable to have a great future despite currently being cowed by a faltering world economy and competition from Asia, according to a new report by management consultants McKinsey.
Italy helps Egypt develop solar power
As part of the two countries’ cooperation on environmental protection and sustainable development, Italy is providing aid for the development of solar facilities in El Fayoum.
German conference to showcase latest in energy storage, electromobility
The 14th UECT international conference in Ulm will also highlight the boom in electric vehicles. A new report shows the number of electric cars has risen to 400,00 worldwide.
Ukraine turmoil leaves outlook 'cloudy'
The repercussions to the solar PV industry from Russia’s annexation of Crimea will be felt from 21 March, according to an industry source speaking to pv magazine. This revelation comes as analysts IHS call the country’s PV outlook ‘cloudy’ due to the recent political turmoil.
