JFE Engineering has begun work on a 21.7 MW plant in Japans Hokkaido Prefecture. The project is one of five solar plants being financed by Sparx Group with a combined capacity of 38.1 MW and cost of nearly $150 million.
More and more electricity generated via renewable sources are finding its way directly to the electricity power exchange.
China’s LDK Solar managed to improve revenue and narrow its hefty loss in what its CEO says is an improving market environment. However, the group remains straddled by billions of debt.
After supplying modules to more than 30,000 projects in North and South America, including 28,000 homes, 3,000 institutions and businesses, and 50 utility-scale projects, Yingli Solar has exceeded 1 GW of delivered capacity.
Sales of microinverters will increase by a factor of four in the next four years in view of growing demand in foreign markets, according to a new report by market research firm IHS.
Senior bondholders in the vertically integrated solar manufacturer REC have approved the splitting of the company today. The approval will see its polysilicon operations split off from RECs solar operations.
Hong Kong-based PV developer Goldpoly has signed a deal with GD Solar and other companies to purchase new solar power plants in China with an electricity generation capacity of 400 MW.
PV capacity continues to grow in India. The state of Andhra Pradesh has unveiled a net metering incentive program for both grid-connected and off-grid installations. Across the country, PV capacity grew by nearly 80 MW in July.
The European Investment Bank has unveiled a funding program to support investment in renewable energy in six Central American countries. Costa Rica’s ICE has already begun commercial and off-grid PV programs.
Portugal-based photovoltaic developer Martifer Solar will develop 50 MW in the U.K. The projects will have an average size of 10 MW and will be located across five counties in the south of the country.
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