Major PVEP SunPower will remain capacity constrained through 2015 and rely on only a 350MW new fab in the Philippines through 2016, before starting the construction of a giga-fab in 2017.
The Canadian province of Ontario is preparing to install a variety of new energy storage technologies after finalising details of a 34MW grid storage trial.
A new report analysing water scarcity in the power sector identifies PV as a major solution for avoiding water-related conflict.
SunEdison has reached financial close with NORD/LB for an 18MW PV project in Ontario.
Major polysilicon producer, Wacker Chemie, reported an increase in polysilicon shipments in the second quarter of 2014, due to increased demand that is expected to continue through the second half of the year.
Predictions that Germany will lose its place as Europe’s largest PV market this year appear to be playing out, with the country registering just over 1GW of new capacity in the first half of 2014.
Yingli Green Energy International AG, a wholly-owned subsidiary of PV module manufacturer Yingli Green Energy, has reached a deal with independent energy company AMB Energia Wytwarzanie - a subsidiary of AMB Energia S.A. - to co-develop 30MW of PV installations in Poland.
PV module manufacturer Wuxi Suntech will give solar panels to a 7.5MW off-grid installation in order to power rural schools and villages in Malaysia.
Component and subsystems provider EMCORE has agreed to terms on a long-term supply deal with Lockheed Martin Space Systems to design and construct multi-junction Coverglass Interconnected Cells (CICs) for Lockheed’s satellite programme.
Taiwan-based solar cell producer, E-Ton Solar Tech, has reported a decline in revenue for June, following other merchant suppliers in the region ahead of US anti-dumping preliminary findings.
The Uttar Pradesh New and Renewable Energy Development Agency, (UPNEDA) has released a request for proposal (RfP) towards allotment of 300 MW of solar PV projects under the state’s Solar Power Policy 2013, RESolve Energy Consultants (Chennai, India) reports.
The New York State Energy Research and Development Authority (NYSERDA) on July 31st, 2014 announced the availability of details for nearly 10,000 solar projects that have participated in NYSERDA's open enrollment solar incentive programs over the past 10 years, including the large ramp-up of solar under NY-Sun. "Information about solar installations can be extremely valuable to prospective customers and to solar installers and the solar industry seeking to grow their businesses," said John B. Rhodes, President and CEO, NYSERDA.
SunPower Corp. (San Jose. Calif., U.S) on July 31st, 2014 announced financial results for its fiscal 2014 second quarter. GAAP revenues decreased 12 percent from USD 692.4 million in Q1 to USD 507.9 million in Q2, 2014. Non-GAAP revenue reached USD 621.1 million (Q1: USD 683.7 million). The company’s GAAP gross margin declined from 23.5% in Q1 to 18.5% in Q2.
The Alliance for Solar Choice (TASC, Boston, MA) supports the passage of Massachusetts's important solar legislation, H. 4185. As passed, the legislation extends the state's net metering cap, establishes a Green Ribbon Commission to evaluate a minimum bill to support the distribution system and also to examine an alternative incentive program to deploy 1,600 MW of distributed solar photovoltaics (PV) by 2020.
Wuxi Suntech (Wuxi, China) on July 31st, 2014 announced that it will provide solar photovoltaic (PV) panels for off-grid projects totaling 7.5 MW to power rural schools and villages in Malaysia. The PV modules will form a micro-grid system set to provide 24 hour electricity to three schools and 20 surrounding villages.
SunEdison Inc. (St. Peters, Missouri, U.S.), on July 31st, 2014 announced that it has reached financial close with Norddeutsche Landesbank Girozentrale (NORD/LB, Hannover, Germany) for an 18 megawatt (MW) solar photovoltaic (PV) power plant in Ontario. The project is set to start construction in July and be completed by the end of 2014, at which time it will be sold to Firelight Infrastructure Partners (Toronto, Ontario). The PV plant is expected to generate approximately 20 gigawatt hours of solar power in the first year, equivalent to the annual electricity consumption of over 1,800 homes, all of which will be fed directly into the energy grid.
Yingli Green Energy Holding Company Limited (Baoding, China) known as "Yingli Solar", on July 31st, 2014 announced that its wholly-owned subsidiary, Yingli Green Energy International AG, has entered into a strategic alliance with AMB Energia Wytwarzanie (Warsaw, Poland), a subsidiary of AMB Energia S.A. to co-develop 30 MW of solar photovoltaic (PV) projects in Poland. Within the framework of the agreement, AMB Energia as a local partner will fully develop the PV projects with support from Yingli throughout all project stages. Both parties intend to sell the turn-key PV plants to investors.
EverStream Capital Management LLC (Excelsior, Minn., U.S.), a natural resources focused investment firm, and Capricorn Investment Group LLC (Palo Alto, CA, U.S.), a private investment firm, on July 31st, 2014 announced a USD 20 million investment in TerraForm Power Inc. (Beltsville, Maryland, U.S.). The group committed to the investment as part of its ongoing relationship with SunEdison and its long term view on renewable energy. The combined investment was made through EverStream's Opportunity Fund via a private placement. EverStream assisted in the early stage vehicle formation, diligence and acquisition of certain projects in TerraForm's initial portfolio.
ReneSola Ltd (Jiashan, China), provider of solar photovoltaic (PV) products, on July 30th, 2014 announced the Company's industry-leading results in a series of reliability tests conducted by PV Evolution Labs (PVEL). The Company's PV modules achieved top performance rankings on PVEL's "PV Module Reliability Scorecard" for 2014 in four testing categories: Dynamic Mechanical Load, Damp Heat, Potential Induced Degradation, and Humidity-Freeze.
Vikram Solar (Kolkata, India), tier-1 producer of solar photovoltaic (PV) modules, executes its latest global expansion by opening an international office in Boulder, Colorado, US. New Head of Business Development Americas is Ken Oatman, a well-known executive in the American solar industry. Prior to joining Vikram Solar in July 2014, he was employed by ET Solar Group as Sales Manager, and has over six years of experience in various positions along the solar supply chain.