Solairedirect pulls $242m IPO on back of weak interest
Bump in the road result of weak investor confidence in face of absent government subsidy, forcing French developer to postpone IPO.
Germany approves 25 bids in large-scale PV tender
German authorities have described the first round in the pilot tender as a step towards “real competition.” A total of 25 bids have been approved after 170 bids were submitted by mid-April.
Solar Frontier to supply Konar Energy's 23 MW pipeline in Turkey
The Japanese CIS group will provide its modules for five new solar power plants in the country. Konar says Solar Frontier’s panels are ideal for Turkey’s hot climate.
Shared solar set to explode
Shared solar for homes and businesses could represent as much as 49% of the U.S. distributed PV market by 2020 and reach up to 11 GW in the period, according to a new report by the National Renewable Energy Laboratory (NREL).
Trina to develop 300 MW distributed PV project in Hefei City
Trina Solar will develop a distributed generation PV project of up to 300 MW in China’s Anhui Province as the leading solar company expands its DG activities across the country.
GPTech supplies inverters for 35 MW PV plant in Honduras
The Spanish power integration expert is again partnering with Grupo Ortiz on a solar PV plant in Central America. The Honduran installation will boast a peak capacity of 42.38 MW.
Foresight increases asset value in Q1, eyes more UK solar investments
The U.K. company has refinanced and extended its revolving acquisition facility from £100 million to £120 million in order to back future project acquisitions. All of the 10 solar installations in its 233 MW portfolio are fully operational and secured ROC accreditation ahead of the March 31 deadline.
Manz claims 16% CIGS module record
German PV and battery manufacturing equipment supplier Manz has claimed a module efficiency world record for CIGS technology on its innovation line. The 16% conversion efficiency record was unveiled on Monday at the SNEC conference and trade show in Shanghai.
Shungfeng CEO applauds EPIA minimum price stance
Eric Luo has applauded EPIA’s position on the EU minimum price, saying that renewable energy rollout should not be blocked anywhere in the world by protectionism. The Shungfeng CEO told pv magazine that the company is seeking to position itself as an integrated energy service provider as the solar market transitions from component sales to a service-based industry.
China, Kenya establish solar technology transfer center
The new facility outside of Nairobi, which opened on Friday, will boost the East African country’s burgeoning solar sector, say execs.
