Downstream solar dominates VC funding scene
Downstream solar companies dominated the global venture capital (VC) fundraising arena in the first quarter of 2013, finally benefiting from historically cheap panel prices, according to consultants Mercom Capital Group.
Buffett rumor sees Suntech stock surge
With shares in insolvency-hit solar manufacturer Suntech leaping yesterday to close at US$0.48 on rumors Warren Buffett is interested in a purchase, all eyes will be on the stock when the market reopens at 3.30 pm today.
Euro PV companies petition EC over Chinese module tariffs
Representatives of more than 1,000 representatives from European companies have written to the EU to criticize any plan to apply anti-dumping duties to Chinese-made solar modules.
Central Europe smart grid market worth $10.3 billion by 2023
The smart grid market in central and eastern Europe (CEE) will be worth a cumulative $10.3 billion by 2023, according to a report by market research group Northeast Group LLC.
Japan: 4 MW of new projects connected
With solar manufacturer Renewable Energy Corporation’s (REC) recently released annual figures highlighting the Norwegian company’s heavy reliance on a shrinking European market, the panel maker has taken a step in the right direction by supplying a 1.7 MW solar project in Japan.
Solarbuzz: The unpredictability of Chinese solar demand is a headache
Despite China’s reputation as the promised land for the solar industry, the latest report from NPD Solarbuzz says wild fluctuations in demand in the country could mean suppliers which rely on markets outside the People’s Republic will enjoy an advantage.
Post-subsidy PV boom in Western Australia
New figures from local electricity retailer Synergy have shown that a second residential solar boom is taking place in the state of Western Australia (WA). With 2,500 customers each month installing photovoltaic arrays, the installation rate is many times higher than it was when now-defunct generous subsidies were in place.
Sunlabob to supply off-grid PV to Kiribati outer islands
Laos-based Sunlabob has secured its biggest Pacific contract to date with a deal to supply off grid solar systems to the outer islands of Kiribati.
US: SunPowers 100 MW PPA deal approved
The US utility Pacific Gas and Electric (PG&E) has received authorization from regulators to buy electricity from a 100 MW photovoltaic plant of SunPower Corp.
SolarCity prepares for first utility-scale project
California solar installer and leasing company SolarCity will make its first foray into the utility market by building a 12 MW photovoltaic project for the KauaI Island Utility Co-operative (KIUC) in Hawaii.
