Troubled Sharp sells Recurrent Energy to Canadian Solar
$265 million sale to Canadian Solar follows tough few years for the Japanese manufacturing giant.
Turkey aims for 3 GW of PV by 2023
In 2014, Turkey saved $850 million in energy imports due to the increase in the share of renewable energy.
Portugal’s net-metering law raises faint hopes
Approval of law could propel solar sector into the fast lane, where PV is still playing catch-up to a soaring wind industry.
Spain to link Mallorca, Ibiza
Spanish electricity grid operator Red Eléctrica de España (REE) announced on Wednesday the construction of a 126-kilometer long cable interconnecting the Balearic Islands of Mallorca and Ibiza. The project can potentially benefit PV, which now lags behind in the sun-washed islands of the Mediterranean Sea, but this will require time.
1366 achieves 18% efficiency with PERC technology
The kerfless wafer maker has announced both efficiency improvements and operational milestones in advance of the launch of its first mass production facility.
Enphase unveils multi-faceted solar energy management and storage system
The company has launched an integrated energy management system and an AC storage solution at the Solar Power International trade show. These products will be available for residential and commercial PV systems in the second half of 2015.
Tokyo Electric upgrading grid with 100-km-long transmission line
Tokyo Electric Power Co. is building a 100-kilometer-long electricity transmission line in central Japan as part of the country’s efforts to upgrade its grid infrastructure in view of surging renewable power.
UK Foresight Solar Fund to raise up to £100 million
The fund plans to acquire two PV plants with a combined capacity of 74 MW and expects to continue acquisitions of plants below and above 5 MW following the introduction of next year’s CfD scheme.
UK: £300 million in subsidy support for renewables
The increased budget will be split between the various renewable energy technologies bidding for subsidy support. The country’s Solar Trade Association says the government’s decisions “represent serious tragic mistakes in energy policy.”
TMEIC to make inverters in Texas
Despite a booming market in Japan, the world’s fourth-largest inverter maker has expanded to the United States, and IHS says that it expects more inverter companies to follow suit.
