Top50-Solar

Meyer Burger brings Roth & Rau production and R&D into parent brand

Sep 01, 2015

Roth & Rau, technology and product subsidiary of PV equipment specialist Meyer Burger, is to be renamed to bring it further into the fold of the parent company.

Enel Green Power wins big in Brazil

Sep 01, 2015

Italian-based developer Enel Green Power (EGP) was the big winner in the latest solar-dedicated auction in Brazil while average prices per MWh fell below US$85.

Comtec shifting mono wafer production to larger size on US demand

Sep 01, 2015

Monocrystalline wafer producer Comtec Solar Systems Group has reported first half year financial results that included a shift to the production of larger wafers to meet demand from US-based customer Mission Solar.

Japan’s quarterly module shipments fall below 2GW

Sep 01, 2015

The first reported quarterly figures for PV module shipments in Japan in the country’s current financial year show a drop below the 2GW mark for the first time since JFY2013.

Sky Solar revenue soars as projects start generating cash

Sep 01, 2015

Global project developer Sky Solar has reported a 54.2% increase in its Q2 revenue as a number of projects began contributing to the company’s cash flow.

GTAT downsizing business with 40% workforce reduction

Aug 31, 2015

PV and sapphire materials equipment specialist GT Advanced Technologies (GTAT) said it would undertake a major reduction in its global workforce as it reduces expenses inline with a revised business plan ahead of expectations of emerging from Chapter 11 bankruptcy in the first quarter of 2016.

Hanwha Q CELLS replaces CTO

Aug 31, 2015

Major PV manufacturer Hanwha Q CELLS has appointed Seung Deok Park as its new CTO after the resignation of Dr. Jin Seog Choi, a position he held for only eight months.

GCL-Poly increases polysilicon and wafer production to offset ASP and profit decline

Aug 31, 2015

The largest polysilicon producer GCL-Poly Energy Holdings increased production of both polysilicon and solar wafers to offset ASP declines that limited first half year revenue and profits.

Hanergy Thin Film to shed 2,000 jobs as sales to parent drop 90%

Aug 30, 2015

PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) said in reporting first half 2015 financial results that it would be restructuring its operations with the loss of around 2,000 jobs, 37% of its workforce of 5,458 at the end of the reporting period.

Adani MoU with SunEdison remains alive

Aug 28, 2015

Indian conglomerate Adani Enterprises said in a financial filing in response to a query by Indian exchange, BSE, that its MoU with SunEdison that includes a US$3 billion JV investment in PV manufacturing facilities in India remained “subsisting”.

Solarserver

NextEra Energy and Hawaiian Electric merger to help achieving Hawaii's 100 percent renewable energy goal

Sep 01, 2015

NextEra Energy, Inc. (Juno Beach, Florida, U.S.) and Hawaiian Electric Industries, Inc. (HEI, Honolulu) on August 31st, 2015 provided additional extensive details on NextEra Energy's plans for its merger with HEI, including a comprehensive package of 85 commitments, of which more than 50 are new, that would accelerate the achievement of Hawaii's goal of an affordable, 100 percent renewable energy future by 2045.

United PV H1, 2015 results: Revenue increased by 125%, profit down 26 percent

Sep 01, 2015

United Photovoltaics Group Limited (United PV, Hong Kong, China) on August 31st, 2015 announced the unaudited condensed consolidated interim results of the Company and its subsidiaries for the six months ended June 30th, 2015. For the six months ended June 30th, 2015 United PV reports revenues totaling RMB 283 million (approx. USD 44 million), compared to RMB 126 million (approx. USD 19.7 million) in H1, 2014, an increase by 125%.

Solar for mines: CRONIMET completes hybrid PV-diesel power plant in South Africa; Study confirms high cost saving potential

Sep 01, 2015

Mining companies are constantly gaining interest in PV solutions because solar energy is often more cost competitive than conventional energy solutions – especially in remote locations that are not grid-connected. CRONIMET Mining Power Solutions GmbH (CRMPS, Unterhaching, Germany) has built a first solar-diesel-hybrid power plant in the MW-scale at CRONIMET Chrome SA (Pty) Ltd.’s Thabazimbi chromium mine in South Africa, CRMPS reports in a press release.

Brazil concludes solar PV auction with 30 projects totaling 834 MW awarded

Sep 01, 2015

Brazil’s Energy Research Company (EPE), which is conducting the nation’s Energy Auctions, on August 31st, 2015 announced, that the first Reserve Energy Auction 2015 hired a total of 30 solar photovoltaic (PV) projects, adding a generation capacity of 833.802 megawatts (MWp). The average auction price was R$ 301.79 (USD 83.3)/MWh, reflecting a discount of 13.5% over the initial price.

Canadian Solar announces partnership with Southern Power in 200 MW Tranquillity Solar Power project

Sep 01, 2015

Canadian Solar Inc. (Guelph, Ontario) on August 31st, 2015 announced that its wholly owned subsidiary, Recurrent Energy, one of North America's largest solar photovoltaic (PV) project developers, signed an agreement with Southern Power (Atlanta, Georgia, U.S.) , a subsidiary of Southern Company (NYSE: SO). Southern Power will acquire a controlling interest in the 200 megawatt (MW) Tranquillity Solar Power project in California. The PV project, developed by Recurrent Energy, is currently under construction. The Tranquillity PV project, covering an area of 1,900 acres in Fresno County, is expected to reach commercial operation in the fourth quarter of 2016 with Signal Energy Constructors as the provider of engineering, procurement, and construction services. Expected to create approximately 500 construction jobs, the facility will consist of more than 800,000 polycrystalline solar PV modules, mounted on tracking tables.

Meyer Burger's Technology and Product Centre, Roth & Rau AG, renamed Meyer Burger (Germany) AG

Sep 01, 2015

Meyer Burger Technology Ltd (Thun, Switzerland) on August 31st, 2015 announced that following the approval by the shareholders of Roth & Rau AG (Hohenstein-Ernstthal, Germany), Roth & Rau will be renamed Meyer Burger (Germany) AG with immediate effect.

Joint IEA-NEA report: Renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations

Aug 31, 2015

A new report, published by the International Energy Agency (IEA) and the Nuclear Energy Agency (NEA), provides the contrasting costs for different power generation technologies around the world in detail, and shows that renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations.

PV in the Philippines: 23 MW SaCaSol 1C/1D power plants commissioned in August 2015

Aug 31, 2015

Syntegra Solar (Oberwil/Zug, Switzerland) on August 31st, 2015 announced, that the EPC company commissioned the SaCaSol 1C/1D PV plants for San Carlos Solar Energy Inc. (SACASOL) in August 2015. The overall 23 MWp PV plant project was commissioned on-budget and met the SaCaSol schedule on-time, Syntegra Solar notes.

Taiwan increases solar PV deployment target for 2030 from 6.2 GW to 8.7 GW

Aug 31, 2015

Taiwan’s Bureau of Energy (BOE), part of the Ministry of Economic Affairs (MOEA) at the End of August 2015 announced the Nation’s third upward adjustment of the targets for renewable energy. In spite of the limited contribution to daily operating reserve from renewable energy due to its intermittency, the Ministry of Economic Affairs (MOEA) makes all-out effort to develop renewable energy.

JA Solar to supply PV modules totaling 70 MW to Australia's Moree Solar Farm

Aug 31, 2015

JA Solar Holdings Co., Ltd. (Shanghai, China) on August 31st, 2015 announced that Australia's 70 MW Moree Solar Farm (MSF) has begun to install the batches of solar photovoltaic (PV) modules provided by JA Solar since June. As MSF's exclusive supplier, JA Solar will keep delivering JAP6-315 and JAP6-310 PV modules to meet all demand of 70 MW modules.