Sonnenbatterie beats Tesla to the punch with US roll-out
German storage specialist has launched its plug-and-play home battery system in the U.S. ahead of Christmas, giving the company a headstart on Teslas highly anticipated Powerwall.
UK: Committee of MPs writes to Energy Secretary criticizing solar cuts
Letter to Amber Rudd says recently confirmed cuts to the solar feed-in tariff and further caps on renewable spending will damage investor confidence in the country’s clean energy sector.
India's Azure Power files for $100m IPO
World Bank-backed Indian clean energy company Azure Power has registered to sell stock amounting to $100 million in an initial public offering on the New York Stock Exchange.
Solar ITC extension approved in the U.S. Senate
Shortly after passage in the U.S. House of Representatives, the U.S. Senate has passed an omnibus spending bill which includes extension of the 30% federal ITC. This was the final vote before the bill is signed by U.S. President Obama.
The pv magazine weekly news digest
From COP21 and solar cop-outs to c-Si breakthroughs and the small matter of a possible, No, JUST CONFIRMED, extension of the U.S. ITC, it’s been a pretty quiet week in the world of solar PV.
Partial victory for UK solar industry, huge job losses still expected
The U.K. Government has set the new solar PV tariffs. Representing a partial victory, cuts will not be severe as anticipated 64% instead of 87% for residential however, fears are nearly 19,000 jobs could still be lost. Quarterly caps have also been imposed which, says STA, could be damaging. Solar can still be a “reasonable” investment, it concludes. The new rates will come into effect on February 8. Despite the limited success, harsh criticism has been aimed at the government, particularly in light of its decision to end ROCs and grandfathering.
Trina splits downstream solar business
Trina Solar Limited has announced it will split its downstream solar business in two, with one focused on China and one internationally. It aims to become a first tier global player in installing solar PV.
Senyuan begins work on 1 GW Chinese solar plant
The Senyuan Group has begun construction work on a 1 GW solar PV plant in Chinas Henan province. An investment of CNY 10 billion is required for the project. Overall, the company has overly-ambitious plans to install 9.5 GW in China.
Doyoung, Huawei sign 500 MW inverter agreement
Doyoung Int’l Renewable Energy Service Co., Ltd and Huawei Technologies Co., Ltd have signed a 500 MW solar PV inverter agreement. The two companies will also work together in joint development and manufacturing.
Off Grid Electric secures $45 million for solar, storage deployment in Tanzania
Off Grid Electric has secured US$45 million in investment to realize its aim of installing solar and battery storage in one million homes in Tanzania over the next three years.
