China imposes new solar industry guidelines
The Chinese government has issued new regulations requiring domestic PV manufacturers to not only invest in the expansion of production capacities, but also in research and development and quality control.
PV book-to-bill ratio to remain at sub-parity levels for Q3
NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.
Energy Capital developing 300 MW plant in Utah
The U.S. state of Utah has lagged behind other western states in installed solar capacity, but that is slowly changing. Energy Capital Group has unveiled plans for a 300 MW PV plant in the state.
Germany: RE law reform threatens energy transition
As Germans prepare to go to the polls on Sunday, renewable energy policy remains a point of contention among diverse interest groups. Proposals to overhaul the current RE law leave out grass-root endeavors, however.
EIB to support Indian renewable energy projects with EUR 80 million loan
The European Investment Bank (EIB), supported by Italian export credit agency SACE S.p.A, signs EUR 40 million loan as first instalment to SREI Infrastructure Finance Limited (SREI) to finance renewable energy projects in India.
Xevel to invest $85 million in Russian solar projects
In a major public-private partnership in Russia’s solar sector, state-owned Rusnano and private business group Renova’s joint company Xevel is to invest nearly $85 million into construction of solar power plants in Russia.
Sol Voltaics receives $9.4 million funding for nanotech development
The Sweden-based startup convinces Norwegian investors Umoe and others to invest close to $10 million to help the company develop the nanotechnology that can create 25% more efficient solar cells.
ReneSola closes $70 million share offering in preparation for polysilicon optimization
Chinese PV manufacturer ReneSola successfully closes $70 million securities offering on the NYSE, announcing that proceeds received are to be used for polysilicon production optimization.
Renewable energy now the cheapest option for Americans, study finds
Clean energy sources such as solar and wind are more cost-effective than coal-fired power plants when health and climate impacts are factored in, according to Springer’s Journal of Environmental Studies and Sciences.
BayWa r.e. to construct 45.4 MW solar farm in Aquitane, France
Munich-based renewable energy company BayWa r.e. begins construction on the largest solar power project in the company’s history — a 45.4 MW solar farm in the Aquitane region of France.
