DP Energy secures approval to develop 375MW of solar, wind in Australia
The state authorities in South Australia have given the Irish developer the green light to move forward with the A$680M ($517.7m) project, which will be built in Port Augusta.
Germany's fifth solar auction allocates 130 MW to 25 projects
The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.
Apple to sell power from renewables on the U.S. wholesale market
U.S. Federal regulators have approved the technology companys application to become an independent power producer.
Solar empires: The pv magazine USA weekly news roundup
Today we bring you the first weekly collection of stories from the new pv magazine USA website.
Phoenix Solar posts 34% revenue increase, narrows net loss
The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.
Tesla: Gigafactory is "on schedule" to support 2017 Model 3 roll-out
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
H2 2016 solar slowdown will preface 10% global contraction in 2017, says GTM
Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India’s large pipeline will hold course despite global slowdown forecast for 2017.
Exclusive: Solarworld CEO Frank Asbeck breaks silence on Hemlock dispute
Solarworld CEO Frank Asbeck speaks to pv magazine in his first extensive interview on the recent finding against the company in its legal dispute with Hemlock Semiconductor. A supremely confident Asbeck explains why he doesn’t think the judge’s decision changes the case at hand, while still expecting a settlement with Hemlock, and why any final decision will not affect the company’s American subsidiary nor the German company.
Enphase reports third quarter of losses in Q2 2016
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
Trina to go private in $1.1 billion deal
Trina Solar will no longer be a publically traded company in 2017, under a $1.1 billion proposed deal announced today. Founder and company chairman and CEO Jifan Gao, along with Fortune Solar Holdings and Red Viburnum Company, have agreed on a deal with an investor consortium in which all shares in the company will be acquired for $0.232 per share.
