Becky Beetz
Jinko secures $150 million for project, capacity expansion
JinkoSolar Power Engineering Group Limited has secured a US$150 million loan to expand both its solar PV project portfolio and production capacity.
Trina secures 51 MW PV module supply deal for Chinese tea plantation project
Trina Solar Limited will supply 51 MW of its dual glass solar modules for a 100 MW PV project in Chinas Yunnan province. Shipments should be completed in Q3 2015.
US-Sino trade dispute forces 50% REC polysilicon capacity reduction
REC Silicon has reduced its production in the U.S. by half as a result of the ongoing solar trade dispute between the U.S. and China. It has also halted its expansion plans at the Washington site. A massive Q2 loss was further reported.
Public solar market financing sees record Q2, despite overall corporate funding fall
Despite a record US$2.3 billion in public solar market financing in Q2 2015, overall corporate funding decreased around 8.5% Q/Q. Yieldcos were a “significant” driver, comprising nearly a third of all large-scale solar project acquisitions.
Czech utility invests in Sonnenbatterie
Inven Capital, owned by Czech utility ?EZ, has invested “a few hundred million” Czech Koruna in Sonnenbatterie. It is looking to capitalize on the German energy storage companys projected future sales.
ReneSola acquires rights to 22.5 MW of Japanese PV projects
ReneSola has acquired project development rights for solar PV projects totaling 22.5 MW in Japan. The plants are expected to be grid connected between the end of the year and the start of next.
Construction underway on 45 MW Sandstone solar project in Arizona
Construction has begun on the 45 MW Sandstone solar PV project in Arizona, announces sPower. The generated energy will be sold under a 21 year PPA, upon project completion, scheduled for the end of this year.
ARECO, Z-One open PV module facility in Egypt, plan 100 MW project
The Arab Renewable Energy Company Organization (ARECO) and Z-One Holding FZCO have announced joint solar plans in Egypt and Africa. In addition to a module manufacturing facility, they have also unveiled a 100 MW PV project.
California: Utilities urge for DG solar to count towards 50% renewables goal
Two of Californias biggest utilities have requested that distributed generation be included in the states RPS Program, which is looking to increase the annual amount of electricity generated by renewables to at least 50% by the end of 2030.
Germany: Energy storage opportunity for struggling PV installers
Germany’s solar PV installers are “struggling” to deal with a changing manufacturer landscape, says EuPD Research. Energy storage, however, may offer them new opportunities. The company also finds that homeowners without solar see it as a costly investment with little return expected. Official figures show a YoY small-scale installation decrease of around a third.
