First Solar breaks ground on 250 MW solar PV plant in Nevada
Silver State South is the fifth solar project that First Solar is building in Southern Nevada, for a total of 750 MW. First Solar sold the project to NextEra in May, and is serving as EPC contractor. The company continues to build very large projects at a time when the industry is moving towards smaller utility-scale PV.
First Solar completes initial phase of America's first solar plant to sell electricity on spot market
The initial phase of the Barilla Solar Project is the first utility-scale project to be completed in the United States with no long-term contract and plans to sell the electricity generated on the spot market, as a new business model for solar in the nation.
US home solar loans at 6.5%
San Francisco-based Dividend Solar has launched an affordable loan for residential solar. The EmpowerPortal loan permits residents to claim a 30% federal tax credit.
Distributed generation revenues set to top $182 billion
New research from analysts Navigant Research predicts that revenues from distributed generation (DG) are set to reach $182 billion, by 2023. Navigant reports that in Western Europe, the growth of DG is causing the most disruption to utility business models.
SPI acquires 30.5 MW UK pipeline
US-based PV developer SPI Solar has acquired a 30.5 MW pipeline in the UK. The agreement also grants SPI the exclusive rights to develop a further 50 MW of projects.
Weekly news round-up
A pick of the biggest headlines in solar around the world this week, with details of elephants, bees, beer, gigafactories, ultra-mega, erm, things and electioneering in the UK… as Sid Vicious once said… almost.
China reveals details of distributed generation policy
The government’s National Energy Administration has pledged to help local authorities drive rooftop installation across the nation. The details were revealed in an investment note issued by Deutsche Bank.
Activ Solar rejects Crimean government claims
The Austrian solar company tells pv magazine that it has no assets in Crimea nor any related debts to Russian banks, describing reports that it owes $300 million to Russian banks as “incorrect.”
Conergy acquires 18 MW in UK solar projects
The solar company has purchased two new PV projects, a 13.5 MW installation in South Wales and a 4.45 MW array in Cornwall, England.
SunEdison to supply solar power to Chilean copper mine
TerraForm Power plans to buy the 69.5 MW Javiera solar facility when completed next year. The plant will supply Los Pelambres copper mine in the Coquimbo Region through the Central Interconnected System.
