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Global PV markets

Engie acquires 80% stake in battery maker Green Charge Networks

The utility follows in the footsteps of its French counterpart Total by moving into the battery storage space with its 80% acquisition of California’s Green Charge Networks.

Sonnen bests Tesla's Powerwall in Q1 battery sales

The German storage startup takes the fight to Tesla in 2016, selling 2,600 batteries in the first quarter to edge out Tesla, which confirmed earlier this month that it has sold 2,500 Powerwalls during the same period.

SunEdison yieldcos TerraForm Power & TerraForm Global granted financial report extension

TerraForm Power and TerraForm Global, the yieldcos of bankrupt renewable energy company SunEdison, have struck a pact to extend the deadline for filing their annual report.

S-Energy to supply 74 MW of modules for two PV projects in Colorado

S-Energy will supply over 74 MW of PV modules for two utility-scale projects that are being developed by juwi Inc. in Colorado.

Delayed Yingli financials reveal 2015 net loss of $864 million, debts of $1.8bn

The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.

33.1 MW PV project wins in Jamaican renewable energy auction

The Jamaican Office of Utilities Regulation has selected Eight Rivers Energy Company as the preferred bidder to build, own and operate a 33.1 MW PV plant at Paradise Park, Westmoreland.

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SolarEdge strengthens again with 45% Q3 revenue increase year-over-year

Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.

Solas Éireann partners with GSE to develop 250 MW of PV in Ireland

Solas Éireann entered into a joint venture with Golden Square Energy, aiming to develop more than 250 MW of PV projects across Ireland.

Latin America becomes more attractive for renewable energy investment, as Europe suffers the reverse trend

Emerging markets, especially in Latin America, are becoming hot beds for renewable energy investment, while European countries tumble down the league table of the Ernst & Young renewable energy country attractiveness index.

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Duke Energy begins construction on 25 MW New Mexico solar plant

The U.S. utility acquired the project from Infigen Energy and expect to complete and connect the solar farm in Quay County before the end of 2016.

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