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The U.S. solar market nearly doubled in 2016 to 14.6 GW The latest figures from GTM Research and SEIA show that for the first time, solar was the largest source of new generation by capacity.
Christian Roselund
Feb 15, 2017
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SolarEdge Q2 2017 financials show record 35% gross margin Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
Ian Clover
Feb 15, 2017
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Kong Sun surpasses 1 GW in China The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.
Brian Publicover
Feb 14, 2017
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JAG to raise $47.6 million with project bonds in Japan JAG International Energy aims to raise ¥5.4 billion ($47.6 million) to fund the completion of a 17 MW solar project north of Tokyo.
Brian Publicover
Feb 14, 2017
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Japanese venture snaps up 10% of ReNew Power for $200 million Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Brian Publicover
Feb 14, 2017
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Genex Power secures $76.8 million for 50 MW Australian mine PV The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
Brian Publicover
Feb 14, 2017
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Onyx Solar begins construction on largest solar skylight installation A new mixed-use building complex being developed by Somerset Development will feature the installation of more than 3,200 solar skylights, which will generate electricity whilst naturally illuminating the complex.
Mark Hutchins
Feb 13, 2017
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ABB to transfer solar inverter business to new division The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
Ian Clover
Feb 10, 2017
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New projects connected in Jordan Spanish project developers Energoya announced completion of construction on a 23 MW power plant in the town Ma’an, while 3G-ERES connected 3 commercial installations totalling 11.1 MW to boast the first solar powered 5 star hotels in the world.
Mark Hutchins
Feb 09, 2017