India surpasses 4 GW of installed solar PV
The nation of India surpassed 4 GW of grid-tied solar during July, according to the latest government statistics. 358 MW was installed in the first four months of the current fiscal year alone.
Hanwha Q Cells adds 45.2 MW to its UK solar footprint
South Korean solar firm secures two large-scale solar farms in the U.K.; agrees 15-year power purchase agreement with EDF Energy.
SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
Alabama approves up to 500 MW of renewable energy over the next five years
Regulators in the U.S. state have approved Alabama Power’s request to build or purchase up to 500 MW of renewable energy over the next six years. However, these projects must come in under a low price ceiling.
Panasonic plans Younicos investment
The PV storage developer Younicos has garnered the interest of Panasonic. The German Cartel Office is currently proofing the legalities of Panasonic’s possible collaboration with Younicos.
Brazil: Auction delivers over 800 MW of PV at 8 cents/kWh
Brazil has concluded its second reverse auction for solar power plant projects, with 834 MW of parks being awarded bids, with an average price of 301.79 Real per megawatt-hour or US$0.0842/kWh. The average price was 13.5% below the maximum price set for the auction.
The pv magazine weekly news digest
The U.S. and U.K. continue to go their separate ways on renewables, encouraging data from Germany warms the solar cockles, and a new solar mapping tool raises the roof across the U.S.
3 GW of potential solar capacity on San Francisco roofs
Solar mapping provider Mapdwell has expanded to San Francisco, estimating that the city can host up to 3 GW of rooftop PV. This is a higher capacity per square mile than other cities.
Victories for net metering in Nevada and Colorado
Regulators in the U.S. state of Nevada have extended net metering for new solar customers until the end of 2015, despite a cap being reached. Also, Colorado has ruled that it will not modify its net metering program.
Elon Musk buys more SolarCity stock following hedge fund manager short
SolarCity stock has seen a series of ups and downs in recent days, falling to its lowest level since October 2013 over the weekend. However, the stock showed a modest recovery following Musk’s move.
