SolarWorld Q2 shipments, revenues rise, as legal troubles mount
SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to 222 million ($246 million), while achieving an EBIT profit of 20.5 ($22.7 million) million.
TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
Will Iran turn to PV?
Eye-catching news regarding solar PV in Iran is coming thick and fast, which is piquing the interest of investors in the Iranian energy market. But how realistic is Irans anticipated solar PV renaissance?
Mass industrial electricity price may continue to decline in China
In order to stimulate economic growth, the basic electricity price for mass industrial users may contentiously drop, even after several rounds of reduction.
Panasonic simulator enables Dutch homeowners to see solar benefits
Panasonic has launched its “Simulate your Solar System” online platform in Holland, which will enable homeowners to see just how much they can save from installing rooftop solar on their homes, at a time when residential solar is getting a boost from the rise energy storage.
USD 1 billion energy storage market in Germany by 2021
A new report from GTM Research forecasts that the energy storage market in Germany will have an annual value exceeding USD1 billion by 2021, as a collection of factors feed the markets growth within the country.
Brazil delays its sole 2016 solar auction until December
The solar auction first planned for July has been officially cancelled and the auction planned for October has been delayed until December 16.
Approval on Hinkley Point nuclear plant expected on same day UK releases energy stats revealing renewables have overtaken coal
The approval of the heavily subsidized GBP 18bn nuclear project will be a bitter pill to swallow for the UK’s renewable energy industry, on a day that official energy statistics reveal renewable energies in the country generated more electricity than coal for the first time in 2015.
Georgia Power agrees to 1600 MW of renewable energy, including 150 MW of distributed generation
Projects approved are expected to mostly be solar PV, and the deal will include a 3 MW pilot community solar program.
SolarWorld to appeal court ruling in $793 million dispute
A U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany.
