Top50-Solar

AkzoNobel working with SERIS on lower cost ALD and PECVD precursors

Jul 30, 2014

Materials specialist, AkzoNobel is collaborating with the Solar Energy Research Institute of Singapore (SERIS) at the National University of Singapore in a bid to offer lower-cost ALD and PECVD precursors for aluminium oxide passivation layer processing.

Brazil continues solar surge as national auction attracts 400 solar power projects

Jul 30, 2014

The upcoming national renewable energy auction in Brazil has attracted 400 applications for PV plant development.

JinkoSolar secures US$225 million in private funding for projects business

Jul 30, 2014

JinkoSolar has secured US$225 million in fresh investment for its solar projects business and has revised its project forecast up from 400 to 600MW.

Small in, large out as PV Japan show gets underway

Jul 30, 2014

The PV Japan show, kicking off today, will see some of Japan’s biggest names in solar look to diversify their range of products and services, while foreign firms continue their attempts to make inroads into the Japanese market.

SEC uncovers US solar investment scam

Jul 30, 2014

The US Securities and Exchange Commission has lodged charges against a company that it claims sought to dupe investors into backing a non-existent solar plant joint venture.

New Suntech South Africa subsidiary could include local manufacturing

Jul 30, 2014

The new South African subsidiary of module maker Suntech could include local manufacturing, according to the company.

Chinese government issues PPA template for large-scale solar

Jul 30, 2014

The Chinese government has issued a standardised power purchase agreement (PPA) for large-scale solar power plants.

SMA Solar warns of major job losses as market shifts to Asia

Jul 30, 2014

Leading PV inverter manufacturer, SMA Solar Technology has announced a further round of restructuring with heavy job losses after drastically lowering its revenue forecast for the year.

Martifer Solar weathers political storm to complete Ukraine PV plant

Jul 30, 2014

Portuguese firm Martifer Solar has managed to complete an 8MW PV plant in Ukraine amid the ongoing political turmoil in the eastern European country.

Con Edison proposes customer-side storage to save on US$1bn of infrastructure investment

Jul 30, 2014

One of the largest investor-owned utilities in the USA is looking to use a series of measures that are likely to include customer-side energy storage in order to stave off the need for US$1 billion worth of infrastructure investment.

Solarserver

Worldwatch Institute: Global solar power installations jumped to a new annual record in 2013

Jul 30, 2014

The year 2013 saw record-breaking growth for solar electricity generation as the photovoltaic (PV) and concentrating solar thermal power (CSP) markets continued to grow. With over 39 gigawatts (GW) installed worldwide, the solar PV market represented one third of all newly-added renewable energy capacity, write Worldwatch's Max Lander and climate and energy intern Xiangyu Wu in the Worldwatch Institute's latest “Vital Signs Online” trend.

SunPower to ship 29 MW of PV modules to Japanese IPP Nangoku Corporation

Jul 30, 2014

At the PV Japan 2014 conference on July 29th, 2014 SunPower Corporation (San Jose, Calif.) announced it has signed a definitive agreement to supply Nangoku Corporation (Nangoku) with 29 MWdc of its high efficiency E20/327 solar photovoltaic (PV) panels. Nangoku, an independent power producer (IPP) will build a mega solar PV plant in the Hioki, Kagoshima prefecture on the Island of Kyushu.

JinkoSolar to receive USD 225 million in private equity for its PV project business

Jul 30, 2014

JinkoSolar Holding Co., Ltd. (Shanghai, China) on July 30th, 2014 announced that China Development Bank International (CDBI), the Macquarie Greater China Infrastructure Fund (MGCIF), a fund managed by Macquarie Infrastructure and Real Assets, and New Horizon Capital have agreed to invest a total of USD 225 million in the Company’s downstream solar power project business.

China Sunergy and CPH Solar UK sign supply agreement on PV modules made in Turkey

Jul 30, 2014

China Sunergy (CSUN, Nanjing, China) on July 29th, 2014 announced that it has finalized a contract with CPH Solar Ltd. (Chichester, UK) to supply its solar photovoltaic (PV) modules made in Turkey, which CPH Solar will supply to distributors and installers in the UK. CPH Solar will provide warehousing for the PV modules until final sales in its distribution center in Felxistowe.

SPI Solar to sell USD 25 million of common stock in a private placement

Jul 30, 2014

SPI Solar (Roseville, Calif., U.S.), a vertically-integrated solar photovoltaic (PV) developer, on July 29th, 2014 announced that it has entered into a definitive purchase agreement for the sale of USD 25 million of common stock in a private placement. When received, the company intends to use the net proceeds from the sale of the shares for expansion of its global PV project activities, continued investment in ramping its “YES!Solar” solution for the residential and small business PV segments, for working capital purposes and to pay down debt.

Hanergy Solar to change name to Hanergy Thin Film Power Group

Jul 30, 2014

The Board of Hanergy Solar Group Limited (Hong Kong) proposes to change the English name of the Company to "Hanergy Thin Film Power Group Limited". The Group is engaged in the design and assembly of equipment and turnkey production lines for the production of thin-film solar photovoltaic (PV) modules, and has expanded its downstream solar power generation and application business worldwide since 2013.

SMA Solar Technology lowers forecast for the current fiscal year, plans to lay off 600 employees

Jul 30, 2014

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) expects to see stagnation in the worldwide demand for solar photovoltaic (PV) systems in the current fiscal year. Particularly in the core PV and PV inverter markets in Europe demand has collapsed even further than expected, the company notes in an ad hoc announcement. In addition, cut-throat competition is keeping pricing pressure high in the solar industry. As a result, on July 30th, 2014 the Managing Board decided today to adjust its sales and earnings forecast for 2014. For the current fiscal year, the SMA Managing Board expects sales of between EUR 850 million and EUR 950 million (previously: EUR 1.0 billion to EUR 1.3 billion). A loss cannot be further ruled out in the current fiscal year.

PV in California: SunPower breaks ground on 135 MW Quinto Solar Plant

Jul 30, 2014

SunPower Corp. (San Jose, Calif.) on July 29th, 2014 announced it has started construction on the 135 megawatt Quinto Solar Project in Merced County, Calif. The solar photovoltaic (PV) system will generate power for Southern California Edison's customers, under a long-term power purchase agreement (PPA). In accordance with the company's recently announced “holdco” strategy, SunPower expects to own and operate the solar power plant during construction.

Suntech establishes subsidiary to serve South African PV Market

Jul 30, 2014

Wuxi Suntech (Wuxi, China) one of the world's largest manufacturers of solar photovoltaic (PV) modules, is expanding its footprint in Africa by establishing a subsidiary company in South Africa. The subsidiary, Suntech Power South Africa, is fully compliant with South Africa's Broad-Based Black Economic Empowerment (BBBEE) legislation, Suntech emphasizes.

Sharp introduces stand-alone or PV coupled SmartStorage energy management solution in California, announces expanded availability

Jul 30, 2014

On July 29th, 2014 Sharp Electronics Corporation (Camas, WA), the U.S. subsidiary of Sharp Corporation (Japan), a world leader in solar electricity, announced the launch of Sharp's SmartStorage energy solution, which is immediately available throughout California and will be expanded to other states in the second half of 2014. SmartStorage operates effectively either as a stand-alone solution or when deployed together with a solar photovoltaic (PV) installation.