Top50-Solar

Sunnova secures US$250 million in US solar PV installation funding

Nov 25, 2014

Billed as the largest yet funding round for a private residential solar service company in the US, Sunnova Energy Corp has secured US$250 million in new funding led by Franklin Square Funds.

US land bureau rejects 200MW solar project in California

Nov 25, 2014

The US Bureau of Land Management (BLM) has rejected Iberdrola Renewable’s application for a 200MW solar project in California after the organisation deemed the project “would not be in the public’s interest”.

SPI continues to target Jiangsu Province for PV project work

Nov 25, 2014

PV project developer, SPI Solar, is to undertake EPC work developing more than 20MW of commercial-scale rooftop systems in Sheyang City, and Suzhou Industrial Park, both in Jiangsu Province, China.

SESEA 2014: Subsidy-free Singapore seeks to overcome solar intermittency

Nov 25, 2014

Singapore is looking to aggregate solar energy generation to defeat the issue of intermittent power from cloud cover.

The 2014 solar module shipment battle between Trina Solar and Yingli Green is over

Nov 25, 2014

The PV industry is expected to have a new market leader after both Trina Solar and Yingli Green have reported third quarter financial results and given revised full-year shipment guidance.

SESEA 2014: Thai electricity regulator holds public hearing to discuss solar market future

Nov 25, 2014

The Energy Regulatory Commission (ERC) of Thailand is holding a public hearing to discuss the country’s solar energy future.

Fraunhofer aims to slash US solar costs with ‘plug and play’ system

Nov 25, 2014

The Fraunhofer Center for Sustainable Energy Systems (CSE) in the US has installed its first ‘plug and play’ rooftop solar system in Boston, kicking off its bid to help slash the installed cost of PV to US$1.50 per watt.

Aleo solar supplies modules for 5.8MW projects in Turkey

Nov 25, 2014

German solar module manufacturer aleo solar will supply over 20,000 solar panels for four large-scale photovoltaic projects in Turkey totalling 5.8 MW.

Yingli Green slashes full-year module shipment guidance

Nov 25, 2014

Leading PV manufacturer, Yingli Green Energy has slashed full-year module shipment guidance that indicates almost zero shipment growth for 2014.

Indian government maps out solar parks as it chases 100GW ambition

Nov 25, 2014

The Indian government has identified 12 solar park locations capable of housing up to 13.75GW of capacity in the next five years.

Solarserver

Yingli Green Energy reports Q3, 2014 results: Gross margin increased to 20.9%; Quarterly operating income turned into positive

Nov 25, 2014

Yingli Green Energy Holding Company Limited (Baoding, China) known as "Yingli Solar," on November 25th, 2014 announced its unaudited consolidated financial results for the quarter ended September 30, 2014. Yingli Solar shipped 903.4 MW of solar photovoltaic (PV) modules in Q3, 2014 (including 109.0 MW shipments for PV systems to the Company's own downstream power plants in China), compared to 887.9 MW in the second quarter of 2014. Revenues were not recognized for the 109.0 MW of internal shipments as required by U.S. GAAP.

GlobalData: World-wide installed PV capacity to more than treble from 136 Gigawatts in 2013 to 414 GW by 2020

Nov 25, 2014

The global cumulative installed capacity of solar photovoltaic (PV) modules will more than treble from 135.66 Gigawatts (GW) in 2013 to 413.98 GW by 2020, according to research and consulting firm GlobalData (London, UK). The company’s latest report* states that emerging economies in Asia-Pacific, South and Central America and the Middle East and Africa are expected to be the major solar photovoltaic (PV) markets in the future, due to an increasing focus on renewable energy proliferation to fuel economic growth.

Yingli Solar to supply 40 percent of the PV modules for Neoen’s 300 MW project in France

Nov 25, 2014

Yingli Green Energy Holding Company Limited (Baoding, China), known as "Yingli Solar", on November 24th, 2014 announced that it has signed an agreement to supply 120 MW of YGE 72 cell solar photovoltaic (PV) panels for a 300 MW project in France. Upon completion this will be the largest solar power park in Europe.

New IRENA report: China can nearly quadruple the share of renewable energy by 2030

Nov 25, 2014

China can increase its use of renewable energy (e.g. solar and wind) from 13 to 26 percent by 2030, according to a new report released on November 24th, 2014 by the International Renewable Energy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of modern renewables between 2010 and 2030.

8minutenergy Renewables and Gestamp Solar to build 30 MW PV plant to provide solar power to the Imperial Irrigation District

Nov 25, 2014

8minutenergy Renewables LLC (Folsom, California, U.S.) and Gestamp Solar (Madrid, Spain) on November 24th, 2014 announced the signing of a 25-year contract to sell 30 megawatts-ac (40 MW-dc) of solar power from its Midway III Solar Farm project in Imperial County, California, to the Imperial Irrigation District (IID), which serves Imperial County.

Trina Solar announces Q3, 2014 results: Increased shipments, profitability

Nov 25, 2014

Trina Solar Limited (Changzhou, China) on November 24th, 2014 announced its unaudited financial results for the third quarter of 2014. Solar photovoltaic (PV) module shipments totaled 1,063.8 MW during the third quarter of 2014, compared to 943.3 MW in the second quarter of 2014, an increase of 12.8% Net revenues were USD 616.8 million, an increase of 18.8% from the second quarter of 2014. Gross profit was USD 102.8 million, an increase of 28.1% from the second quarter of 2014.

SunEdison, Renova Energia joint venture to develop 1 GW of utility-scale PV projects in Brazil

Nov 25, 2014

SunEdison Inc. (Belmont, Calif., US) and Brazilian renewable energy company Renova Energia S.A. (BZ: RNEW11) on November 24th, 2014 announced that they have created an exclusive joint venture to develop, own, and operate 1 gigawatt of utility-scale solar photovoltaic (PV) projects which will supply the Brazilian Regulated Electricity Market. Renova and SunEdison will each own a 50% stake in the joint venture. The venture plans to build and operate four utility-scale PV plants in Bahia State, Brazil by 2017.

New Generation Power to develop 1.2 GW of utility-scale solar PV projects in Nigeria

Nov 25, 2014

New Generation Power (NGP, Chicago, IL, US) together with Motir Seaspire Advisors, LLC (Washington DC, US), signed a Memorandum of Understanding (MoU) with the Federal Government of Nigeria to deliver 1,200 megawatt (MW) of utility-scale solar photovoltaic (PV) projects within Nigeria. Expected to break ground by 2015 and be fully operational within the next two years, the completed solar photovoltaic (PV) project will represent an investment of over USD 2 billion, the partners announced.

Canadian Solar completes sale of 28.4 MW West Antelope PV plant in California, U.S.

Nov 25, 2014

Canadian Solar Inc. (Guelph, Ontario) on November 24th, announced that it completed the sale of the 28.4 MWp West Antelope Solar Park to Dominion (Richmond, Virginia, U.S.). The 263 acre PV project is located in Los Angeles County on the outskirts of Lancaster, California. Canadian Solar supplied 94,340 high performance “Quartech” photovoltaic (PV) modules.

JinkoSolar to supply solar PV modules totaling 7 MW to Almacen Sustentable in Mexico

Nov 25, 2014

JinkoSolar Holding Co., Ltd. (Shanghai, China) on November 24th, 2014 announced that it has signed an agreement to supply 7 MW of solar photovoltaic (PV) modules to Almacen Sustentable (AS Solar) in Mexico.