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.
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”.
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.
Singapore is looking to aggregate solar energy generation to defeat the issue of intermittent power from cloud cover.
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.
The Energy Regulatory Commission (ERC) of Thailand is holding a public hearing to discuss the country’s solar energy future.
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.
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.
Leading PV manufacturer, Yingli Green Energy has slashed full-year module shipment guidance that indicates almost zero shipment growth for 2014.
The Indian government has identified 12 solar park locations capable of housing up to 13.75GW of capacity in the next five years.
aleo solar GmbH (Berlin, Germany) is supplying solar photovoltaic (PV) panels for four large-scale PV projects in Turkey with a cumulative capacity of 5.8 megawatt (MW).
Among the projects will be one of the largest Turkish roof-mounted PV installations on a commercial property in the town of Eskişehir in Anatolia, which alone will have an output of 3 MW, the company announces.
Solar Power Inc. (SPI, Roseville, California, US) on November 25th, 2014 announced that two of its wholly-owned subsidiaries in China (collectively “SPI Solar China”), have entered into agreements to develop two rooftop solar photovoltaic (PV) sites; one in Sheyang City, and another in Suzhou Industrial Park, both in Jiangsu Province, China.
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.
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 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.
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 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 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 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 (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.