Japanese PV project developer Apollo Energy Group has signed a 150MW PV inverter deal with Huawei Technologies, a sign that overseas inverter suppliers are finally breaking into the Japanese market.
US PV installer RGS Energy has been forced to instigate further restructuring reforms in response to reporting continued losses in the fourth quarter of 2014.
International solar developer, Conergy, has announced a reshuffled management team and revealed that it plans to go public within the next one to two years.
US aid agency the Millennium Challenge Corporation is supporting a drive by the government of Benin to increase access to off-grid power in the West African country.
SB Energy, the PV project developer arm of Japan’s Softbank has completed and grid connected its 19.6MW Omuta Miike port solar park.
Technology giant Google has unveiled plans for a radical redesign of its main campus in Mountain View, California — complete with movable buildings and translucent canopies.
Solar energy solutions provider Solar Frontier announced that it has sold its 2MW Kunitomi Megasolar power plant in Miyazaki, Japan to a trust account operated by Mitsubishi UFJ Trust and Banking Corporation (MUTB).
Chinese tier-one solar modules now cost more per watt than in any other major solar end market worldwide, a report from GTM Research reveals.
Chinese solar developer and EPC firm SPI Solar will co-develop 25MW of sub-5MW sites in England and Wales.
Major tier-1 PV module manufacturer JinkoSolar expects to start actual production of both solar cells and modules at a new facility in South-East Asia by May 2015.
Mercom Capital Group (Austin, TX, US) on March 2nd, 2015 released its quarterly update on the Indian solar photovoltaic (PV) market.
According to the communications and consulting firm Indian solar installations in calendar year 2014 totaled 883 MW, down 12 percent compared to 1,004 MW installed in 2013. Mercom’s 2015 forecast is unchanged at approximately 1,800 MW with some upside.
Spire Corporation (Bedford, Mass., US) on March 2nd, 2015 announced the delivery and commencement of installation of a 20 megawatt turnkey solar photovoltaic (PV) module production line for a government agency in Vietnam.
The PV production line, located outside of Hanoi, will allow for both research activities as well as production of multi or mono crystalline silicon PV modules. The procurement and installation was coordinated with AIC, a large global trading company, which is also responsible for the infrastructure of the facility.
Natcore Technology Inc. (Red Ban, N.J., US) has signed a Memorandum of Understanding with the Fraunhofer Institute for Solar Energy (Fraunhofer ISE, Freiburg, Germany), under which the two organizations would cooperate in developing solar photovoltaic (PV) projects for third party customers.
ABB India (Bengaluru) became the first company to reach sales of a cumulative capacity of 1 GW solar photovoltaic (PV) inverters in India, ABB India Ltd. announces.
This milestone was marked in February with the roll out of an order for Tata Power Solar’s project for Kiran Energy Solar Power. ABB India commenced local manufacturing of solar PV inverters in 2012 and has since grown in partnership with key industry customers.
JinkoSolar Holding Co., Ltd. (Shanghai, China) on March 2nd, 2015 announced its unaudited financial results for the fourth quarter and full year ended December 31st, 2014.
Total 2014 PV module shipments were 2,943.6 MW, which include 520.4 MW to be used in the Company’s downstream solar power projects.
2014 total revenues were RMB9.98 billion (USD 1.61 billion), an increase of 41.0% from RMB7.08 billion for the full year 2013. Gross margin was 22.4% for the full year 2014, compared with 20.3% for the full year 2013.
U.S. prices for Chinese-produced Tier-1 solar photovoltaic (PV) modules were higher than those of any other PV market tracked in GTM Research’s (Boston, Mass., US) latest report, Global PV Pricing Outlook 2015.
Driven up on a year-over-year basis by the ongoing trade case against Chinese- and Taiwanese-produced modules, U.S. prices averaged around 72 cents per watt in the fourth quarter of 2014, compared to just 56 cents per watt for the same modules in Chile, the least expensive module market tracked in the new report.
Solar Power, Inc. (SPI, Shanghai, China), a vertically-integrated solar photovoltaic (PV) developer, on March 2nd, 2015 announced that it has entered into an agreement with RE Projects Development (REPD), a utility-scale PV project developer in the United Kingdom, to co-develop approximately 25 megawatts (MW) of photovoltaic projects in the UK.
A consortium led by ACWA Power (Riyadh, Saudi Arabia) and TSK, the Spanish engineering and construction company as technology provider, was announced by Dubai Electricity and Water Authority (DEWA) as first rank bidder to develop, construct, own and operate the solar photovoltaic (PV) independent power project of a net power capacity of 200 MW (260 MWp installed) for the Phase II of the Middle East’s largest renewable energy power plant located at Mohammed bin Rashid Al Maktoum Solar Park, Dubai.
Mounting Systems (Rangsdorf, Germany), a manufacturer of racking systems for solar photovoltaic (PV) power plants, has revealed its UK sales volumes for the first time.
The company, which is owned by German industrial group Nordwest Industrie Group (NWI) and has its UK offices in London, sold enough racking systems last year to support 204 MWp of new British PV generation capacity, equivalent to the needs of 55,000 homes.
LG Solar, the solar PV business unit of LG Electronics, has appointed Bob Mills as its UK solar sales manager. The UK solar PV market is rapidly developing and Mills will expand LG Solar’s channel strategy to meet the demands of a growing market.