RWE to acquire PV and storage specialist Belectric Solar & Battery
The German utility’s renewable energy arm, innogy SE, has signed the contract to acquire Belectric Solar & Battery, a solar developer who has built more than 1.5 GWp of PV projects worldwide, significantly enhancing the company’s solar and storage expertise.
20 MW solar plant being developed at earthquake-stricken Italian town
U.K. investment firm Quercus Assets Selection has provided an official grant for the project in the small Italian town of Celano in the Abruzzo region that was hit by an earthquake in 2009.
Surges in stock purchases of SolarEdge during quarter
Recent SEC filings show that a number of investment firms have been taking large chunks of the Israeli power optimizer specialist, not least NN Investment Partner Holding who made a $4.5 million stock purchase, in the face of a good fiscal year financially for SolarEdge.
Trina Solar back to sequential growth with revenue and sales increases
The Chinese PV manufacturing powerhouse posted another set of impressive quarterly results, which saw significant sequential and year/year growth in revenues and sales, during a quarter in which the company broke a number of cell efficiency records and started ramping up production from its Thailand facilities.
Voltalia acquires Martifer Solar
The French renewable energy developer finalized the deal at the end of last week, which will see Martifer Solar integrated into its business and will help the company continue to diversify its energy mix.
Hareon is investing in a new PV research institute
Chinese PV firm Hareon Solar Technology has announced that it will make a 10 million yuan investment in a new PV research institute, which will help to support its solar business.
A solid Q2 for JA Solar sees significant increases in sales and revenue
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
Bermuda utility peels back net metering program for solar
Bermudas sole electricity supplier Bermuda Electric Light Company Limited (BELCO) has repealed its solar net metering scheme and replaced it with an avoided cost compensation for new small-scale installations.
EU ProSun survey finds EU solar installers open to keeping trade barriers against China
The survey, on behalf of the SolarWorld-backed organization, found that a majority of more than 500 EU installers backed the extension of trade measures against Chinese PV manufacturers, if the Chinese companies are found to be violating international trade law, a month after 34 European solar organizations signed a letter calling for the end of the trade barriers.
PPA generation certificates signed for DeGrussa solar+storage plant
Neoen and Origin Energy have signed a power purchase agreement (PPA) for large-scale generation certificates (LGCs) at Australias largest integrated off-grid solar and energy storage facility.
