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NRG Home Solar to partner with Sunrun and Spruce as part of larger restructuring
NRG will shift Home Solar to an origination and sales model, while shifting multiple renewable energy businesses around inside the company.
SunPower reports operational successes but posts a loss in Q1
The California-based PV maker is running factories at full capacity and rolling out new products, but still reported a significant loss on a per-share basis.
Enphase Energy hits Q1 revenue target as price reduction roadmap continues
The U.S. microinverter specialist reports first quarter revenue of $64.1 million, shipments of 143 MW and a GAAP gross margin of 18.3% as product costs continue to fall.
Phoenix Solar doubles Q1 revenue Y-o-Y
The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.
UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds
Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.
Canadian energy company eyes 150 MW PV plant in Vietnam
CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnams Ninh Thuan province, just as the solar market is being stirred within the country.
India: SECI calls on World Bank for $200m financing for own solar projects
The Solar Energy Corporation of India plans to increase its downstream portfolio with series of large-scale solar projects across the country; has approached World Bank to provide 50% funding.
Hanergys USD660 million Macrolink deal scrapped
The unusual deal, which appears to be effectively cancelled, would have seen Hanergy supply 600 MW of BIPV production equipment to Macrolink for USD660 million and an agreement that Macrolink would purchase 3.48% of the companys share capital.
Third phase of Dubai's DEWA solar project attracts record low bid of US 2.99 cents/kWh
Five bids worth a total of 800 MW of solar PV capacity have been submitted in the third phase tender for projects at the Dubai Electricity & Water Authority solar park; lowest bid of 2.99 cents per kilowatt-hour received.
SolarWorld Q1 shipments rise 62% Y-O-Y, but profitability takes a hit
Demand from the U.S. market fuelled first quarter shipment increase to 341 MW according to preliminary financials published today; currency effects drag down profits.
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