Chinas Yingli will supply developer Sybac Solar with 40 MW of solar modules for two PV power plant projects in Honduras. This latest supply deal is the latest of a number that Yingli is delivering in the region, totaling around 100 MW.
PPA pioneer SunEdison has teamed up with lithium ion commercial storage provider Green Charge Networks on a commercial solar+storage offering. The two companies in particular target commercial customers where demand charges can be significantly reduced through the installation of solar+storage.
Leading CIGS producer Solar Frontier has announced the first installation using its flexible modules. The modules have been install at Singapores newest port terminal, operated by PSA Singapore Terminals.
Trina Solar has confirmed to pv magazine that it has signed a framework agreement with a partner in Indian to develop a 2 GW solar cell and module manufacturing facility in the country. Details for the plan are yet to be thrashed out.
A new report from GTM Research has concluded that the fast-growing community solar sector will reach 500 MW in five years time. On a cumulative basis, GTM sees the sector growing from 66 MW in 2014, up to 1.8 GW by decades end.
The First Solar, SunPower joint yieldco began trading on June 19, with an initial share price of US$21/share. 20 million Class A shares will be issued, with Goldman Sachs and Citigroup Global Markets acting as lead book running managers for the IPO.
Japanese telecommunications giant SoftBank is partnering with Bharti Enterprises and Foxconn to develop USD$20 billion in solar projects in India. The venture will be called SBG Cleantech, with Softbank providing $10 billion of capital and leveraging its expertise acquired in the Japanese solar market.
Switzerlands ABB has landed at US$20 million order from the Dubai Electricity and Water Authority (DEWA) to extend a substation, to facilitate solar park expansion plans. ABB will conduct works that will allow the phase II of the Mohammed bin Rashid Al Maktoum solar park from 100 MW to 200 MW.
While Germanys large scale solar sector has more-or-less come to a standstill, the potential for profitable projects has been demonstrated by a new 10 MW plant. ISM developed the project in Germanys east, with Hanwha Q Cells supplying the modules.
2015 looks set to be another year of growth for the global solar market with new installations set to reach 57.4 GW. Mercom Capital delivered the prediction its Global Solar Forecast, published this week.
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