Major PV manufacturer Trina Solar raised the stakes in surpassing Yingli Green Energy as global PV market leader with the acquisition of a Chinese PV project developer that planned to start the construction of a 300MW power plant in the third quarter of 2014.
Chinese firm ReneSola is to develop a 13MW PV project in Dorset, southern England.
German developer juwi is to build a diesel-replacement project in the Philippines, a 6.25MW PV plant on the island of Mindanao.
Solar energy in India now has the potential to become a viable alternative to fossil fuels, according to a report by manufacturer and developer, Tata Power Solar, and solar analyst, Bridge to India.
Flexible CIGS thin-film specialist, Ascent Solar is to issue shares to its largest investor, TFG Radiant Investment Group, as well as Series A investor, Seng Wei Seow, for a total of US$8 million.
Nigeria’s power minister has said the country’s president, Goodluck Jonathan, is “personally committed” to backing the country’s renewable energy roll-out.
ChemTrace, which offers micro-contamination testing of solar substrates, wafering, and cell manufacturing equipment has established a new testing laboratory in Hsinchu, Taiwan.
Swiss independent power producer Etrion announced this morning that it has closed project financing on 34MW of solar PV projects that the company is building in partnership with Hitachi Hi-Tech in Japan.
A research project aimed at validating technologies for the “industrial scale” storage and dispatch of solar generated electricity in Switzerland has received CHF2 million (US$2.17 million) in funding from a local government agency.
China-based PV manufacturer and the largest PV system integrator, TBEA SunOasis has signed a number of new framework agreements in China totalling 1.27GW.
ReneSola Ltd (Jiashan, China) on September 2nd, 2014 announced that it will develop a 13 MW solar project in Dorset, England. The Company expects the solar farm to be fully operational and connected to the national energy grid by end of this year.
ReneSola has identified a number of potential buyers for the PV project, which received planning consent in January 2014 and is eligible for the United Kingdom's support scheme to promote renewable electricity-generating technologies, the company notes. The PV plant will feature ReneSola PV modules exclusively, specifically the Company's top-rated Virtus II.
Etrion Corporation (Geneva, Switzerland) and Hitachi High-Technologies Corporation (Tokyo, Japan), a subsidiary of Hitachi Ltd., on September 1st, 2014 announced the planned construction of solar photovoltaic (PV) plants totalling 34 megawatts (MW) in Japan with financing arranged by Sumitomo Mitsui Trust Bank, Limited.
Japan is one of the largest solar PV markets in the world with over 14 gigawatts (GW) of cumulated installed capacity with a national solar power target of 28 GW by 2020.
Independent Solar Power Producer (IPP) Sonnedix BV (Amsterdam, The Netherlands) announced the closing of financing for the construction and operation of two solar photovoltaic (PV) power stations totaling 4.5 megawatts (MW) of generating capacity near Hokuto City, in the northwestern region of Yamanashi Prefecture, Japan.
The financing was provided by Hitachi Capital Corporation under a lease structure and the construction and future operation will be performed by Hitachi Systems, Sonnedix announced.
Glennmont Partners (London, UK), one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure, has successfully closed its second fund, Clean Energy Fund II, having raised EUR 500 million, the maximum amount permitted, exceeding its target of EUR 450 million, the company announces.
Glennmont was founded last year as a spin-off from BNP Paribas Investment Partners. It manages long-term capital to invest in alternative power generation projects focusing on proven technologies such as wind, biomass, solar and small-scale hydro across the UK and continental Europe. Glennmont’s first fund has operating infrastructure projects in the UK, Ireland, France, Italy and Portugal totalling 354 MW collectively.
Telangana, the newest Indian state, has released a Request for Solicitation (RfS) for selection of 500 MW of solar photovoltaic (PV) projects, RESolve Energy Consultants (Chennai, India), reports.
This move follows less than 2 weeks after Andhra Pradesh invited bidders to take part in the allocation of 500 MW of solar projects.
Concentrating Solar Power (CSP) technology based on parabolic trough solar collectors for large-scale electricity generation is currently one of the most mature CSP designs in terms of previous operation experience, scientific and technical research and development.
The stack of layers, used in solar absorber tubes is a combination of coatings with different compositions and thickness. The global performance depends on the nanometric properties of the entire stack. Some analysis have unveiled that during the working life, the solar absorber tubes suffer an ageing process, which reduces the global performance. NECSO, a European Commission project funded under the 7th Framework Programme, aims to design accelerated ageing protocols to test the evolution of the coatings during the entire receiver’s life.
HelioSage Energy (Charlottesville, Va., US), a national developer of utility-scale solar photovoltaic (PV) projects, has announced the sale of a 77 MWdc/60 MWac portfolio of development-stage solar PV facilities in North Carolina.
The portfolio is comprised of 12 ground-mounted solar PV projects sited in eastern North Carolina. Once constructed, the projects will sell power under a Power Purchase Agreement (PPA) with either Duke Energy-Progress or the North Carolina Eastern Municipal Power Agency (NCEMPA), HelioSage Energy notes.
Integrated solar power producer Scatec Solar (Oslo, Norway) has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar photovoltaic (PV) projects to be developed in all countries within Norfund's mandate.
Scatec Solar and Norfund have been partners in the realization of four solar PV projects in Africa totaling 200 MW (three in South Africa and one in Rwanda) and the agreement signed is a formal confirmation of an existing, fruitful partnership.
LDK Solar Co., Ltd. (Xinyu City, China) in provisional liquidation and its Joint Provisional Liquidators Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, on August 29th, 2014 announced that the vertically integrated manufacturer of solar photovoltaic (PV) products has filed the petition commencing its restructuring proceedings in the Grand Court of the Cayman Islands.
The Company also announced that it has accepted the resignation of Xiaofeng Peng as Chairman and as a Director of the Company effective immediately.
Trina Solar Limited (Changzhou, China) on August 29th, 2014 announced that it held its 2014 annual general meeting of shareholders on August 28th, 2014. Each of the proposals submitted for shareholder approval was approved, the company notes.
Specifically, the shareholders approved the re-election of Jifan GAO as a director of the Company, and the re-election of Mr. Li Ping QIU as a director of the Company.