Germany targeting 22.5% PERC efficiency
The SolarWorld coordinated “HELENE” research project, which set a new world record for PERC efficiency last month, is targeting an efficiency of 22.5% for industrially manufactured monocrystalline p-Type PERC solar cells by the end of 2017.
Wirsol to grid connect 60 MW Danish PV project
Under the Wirsol brand, Wircon GmbH has begun work on what will become Scandinavias largest solar PV plant. The 60 MW project, located in Denmark, is expected to be grid connected by the year end.
USDA to invest $63 million in rural renewables
The USDA will be investing $63 million in 264 projects across the U.S. The funding will support the Rural Energy for America Project.
SunPower targets $1.5bn solar expansion in Chile
California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.
Tesla's storage solutions sell out
According to Tesla’s Q2 2015 earnings report, the company has reduced full-year delivery outlook for its vehicles, causing Tesla shares to fall yesterday. However, its storage solutions are seeing a surge in demand.
India: MNRE sees need for cost-effective storage
The Ministry of New and Renewable Energy (MNRE) in India has called for Expression of Interest (EOI) for energy storage demonstration projects to support renewable energy generation. MNRE has set up a capacity addition target of 175MW by 2022.
India: Yes Bank raises more than $49 million for renewable projects
Yes Bank has managed to raise INR315 crores (US$49.37 million) to finance green infrastructure projects like solar and wind power in India. Investor IFC has also officially drawn back investments into coal projects.
Stion places tool order to double capacity
American thin film producer Stion will double its production capacity from 60 MW to 120 MW, after placing a tool order with Korean supplier Avaco. The equipment supply deal is worth US$5.8 million and will see Avaco supply Stion with six thermal processing furnaces and two TCO deposition tools.
The pv magazine weekly news digest
Obama’s clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity’s plans for world domination edge closer to reality.
Sunrun: Disappointment after initial NASDAQ debut high
The fourth largest solar installer in the U.S. Sunrun made its NASDAQ debut this week. The euphoria of going public fizzled when the company’s stock prices started tumbling.
