Californian solar storage exemption offers PV push
Solar energy storage systems of less than 10 kW are now exempt from interconnection fees in a new ruling that will offer a boost for PV in the state.
Ingenious Clean Energy finances £27 million solar parks project
Barclays provided a £15 million loan towards the financing of three new solar parks in southwest England developed by British Solar Renewables.
Trina Solar posts first-quarter net profit of $26.5 million
The Chinese group is aiming to develop 400 MW to 500 MW of downstream PV projects in 2014 and expects to realize its module shipment target of 3.6 GW to 3.8 GW in 2014.
SolarWorld weighs legal action following alleged Chinese spy attack
Although condemning the alleged hacking as a “criminal act,” SolarWorld’s chief exec also describes it as “a big honor and a nod to our excellent technology.”
Foresight fund secures £100 million to purchase UK solar farms
The solar asset manager expects to double its operational capacity in the U.K. in the next twelve months to some 200 MW. It’s latest acquisition includes the 37 MW Kencot, Oxfordshire, PV farm.
SMA posts loss increase as sales drop in first quarter
The German inverter manufacturer maintained its share of international sales at 68% while first-quarter figures were in line with forecasts.
Hanwha SolarOne cuts first-quarter net loss, increases revenue
The Chinese manufacturer says synergies with Germany-based affiliate Hanwha Q CELLS remains strong as the companies exchange technology, share manufacturing expertise and integrate supply chains.
Ukraine to reduce green tariffs for domestic solar power
Local analysts say the government’s plans may negatively affect future foreign investment in the country’s solar sector.
Sharp back in black, posts 69% boost in solar cell sales
Growing demand from Japan’s booming residential market as well as the mega-solar sector proved lucrative for the electronics giant, which achieved profitability after a hefty loss a year earlier.
NREL assembles industry group to explore solar lending
The U.S. government agency says a greater prevalence and diversity of loan products could enable higher rates of solar adoption in regions where third-party finance is currently lacking.
