SunEdison projects in California get funding boost
Solar project developer SunEdison will get a US$67.3 million investment boost to fund its utility-scale photovoltaic projects in California. The investors are a consortium made up of New Energy Capital Partners, North Sky Capital, and EverStream Energy Capital Management.
First Solar and China Sunergy urge Indian government to drop dumping investigation
U.S. and Chinese manufacturers claim that Indias government is acting beyond the scope of its powers in a dumping probe they describe as “flawed.”
SolarWorld to bring 500 kW of carport solar power to four Californian parks
SolarWorld Americas has begun work on constructing solar carports totaling more than 500 kW of power across four public parks in California, US.
Juwi starts development in Romania
Photovoltaic project developer juwi has started work on two solar parks totalling 12 MWp in Romania. The company has an EPC contract with Chinese investor HiSun PV and their partner Abacus Renewables for these projects. Both parks are expected to go online in November this year.
Rapid expansion of renewables can pay off
A recent study by green electricity provider Greenpeace Energy has found that rapid expansion of renewable energy can lead to strong cost savings by 2030 in the billions range. The authors argue that consequential costs of coal and nuclear power are consistently hidden in politics.
PV inverter shipments fall in 2Q13
The latest report from IHS shows worldwide market shipments for solar PV inverters declining 5% year-on-year in the second quarter. The demand fall in key European markets has contributed to the decrease, a first since the third quarter of 2011.
Trade actions more hyperbole than hardship
The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.
Germany: 313 MW of newly installed PV in July
The Federal Network Agency in Germany has presented the latest figures for added photovoltaic capacity in the country. Up to now around 2,110 MW of total capacity has been registered. Solar parks exceeding 10 MW are no longer being developed.
Storage subsidy will energize German battery uptake
Consultancy IHS says the German government’s energy storage subsidy will do for batteries what FiTs did for PV eight years ago but interested homeowners need to move fast.
Sputnik Engineering to undergo strategic re-orientation
Inverter manufacturer Sputnik Engineering has decided on a strategic re-orientation to meet current market challenges. The company sees a stronger focus on Europe and the US as one of the primary measures to be undertaken. Already in August this year the company announced a strategic restructuring which affected the jobs of about 50 employees.
