SunEdison closes on Dominion deal, sells stake to Terra Nova
SunEdison yesterday closed a deal to acquire a 33% stake in Virginia-based Dominions 567 MW solar PV portfolio. The renewable energy developer simultaneously sold the stake to Terra Nova Renewable Partners for the same amount.
Leclanché selected for 13 MW energy storage project in Canada
Leclanché SA has been selected to supply a 13 MW/53 MWh energy storage system for what has been described as one of the largest Grid Ancillary Services projects in North America. The projects are scheduled to be live this Q4.
Japan: 10 GW of solar in 2015, 85 GW of renewables approved since 2012
Out of “at least” 51 GW of solar PV installed globally in 2015, Japan saw around 10 GW, according to calculations from the PV Market Alliance (PVMA). Since the introduction of its generous FIT in 2012, the country has approved 85.55 GW of renewable energy projects, according to reports. Solar is leading the charge.
JinkoSolar to supply 1 GW of solar panels to sPower
SPower has said it will add 700 MW of clean energy to its portfolio in 2016. To meet this goal, it has contracted JinkoSolar to supply 1 GW of solar panels and hired Rosendin Renewable Energy Group to provide EPC services for its 2016 portfolio.
Wafer utilization rates to be highest since 2010 on back of supply shortage
IHS, Inc. has confirmed a wafer supply shortage. This will lead to utilization rates of up to 88% in 2016, and increasing levels of outsourced production. Long-term contracts, often with pre-payment clauses applied, will affect some module manufacturers balance sheets. Prices for multicrystalline wafers are expected to continue their increase, while monocrystallines market share is set to grow.
ViZn Energy Systems wins flow battery system contract from INL
Idaho National Laboratory, part of the U.S. Energy Department’s national laboratory network, will use the battery system for research and development.
Developer interest wanes in Indian solar PV tender
Bridge to India says a number or reasons detered developers from participating in the 500 MW tender in Maharashtra. The research group expects a similar muted response in three upcoming tenders in Gujarat, Uttar Pradesh and Andhra Pradesh.
Greenheart Tree Energy eyes solar development in Guyana
The Guyanese government has welcomed proposals by the Canadian company to develop solar farms in the South American counttry.
Solargiga boosts 2015 revenue, shipments
Solargiga saw a sharp increase in the sale of generated electricity. The Chinese company is in the process of doubling its PV module production capacity.
Asia Clean Capital secures $40 million in financing
The group will accelerate and expand its rooftop solar solutions business in China, where it covers the cost of designing, engineering, installing and maintaining solar installations for leading companies.
