Cox installs 3.7 MW of PV projects in Massachusetts, Rhode Island

Thursday, 5.16.2013 - 22:02 (Solarserver)

On May 13th, 2013, Cox Enterprises announced the completion of solar photovoltaic (PV) projects at its Manheim and Cox Communications subsidiaries. Located in North Dighton, Massachusetts, the Manheim New England project includes a 3 megawatt (MW) ground mount installation and 509 kilowatt (kW) roof installation. Read more

Chevron to build 3.1 MW PV plant in Lemoore, California

Thursday, 5.16.2013 - 21:58 (Solarserver)

On May 14th, 2013, Chevron Energy Solutions announced it will develop a 3.1 megawatts (MW) solar photovoltaic (PV) power plant in City of Lemoore, California. The PV system will generate electricity to power domestic water wells, a wastewater treatment plant, the Cinnamon Municipal Complex, Police Department, and several other facilities throughout the city. Read more

Order Focus: KACO supplies Enerparc with 540 Powador PV inverters

Thursday, 5.16.2013 - 16:32 (PV-Tech)

KACO new energy sales have reached the equivalent of 34MW since the company started supplying major PV project developer Enerparc with utility-scale PV inverters. Read more

U.K. Delays Smart Meter Rollout by a Year on 'Challenge'

Thursday, 5.16.2013 - 14:00 (Renewable Energy World)

The U.K. postponed its mass installation of "smart" energy meters by a year as suppliers struggle with design glitches and testing is delayed. Read more

Suntech reaches new forbearance agreement on convertible notes

Thursday, 5.16.2013 - 12:21 (Solarserver)

Suntech Power Holdings Company Ltd. (Wuxi, China) has reached a new forbearance agreement with the holders of the majority of its 3% convertible notes which were due March 15th, 2013. Under the new agreement, bondholders agree not to exercise their rights under the notes until June 28th, 2013, as the second forbearance agreement reached on the notes. Suntech is currently undertaking a number of restructuring initiatives. Read more

SNEC 2013: JA Solar and DuPont tout new ‘Cypress’ solar module

Thursday, 5.16.2013 - 11:23 (PV-Tech)

The latest iteration of JA Solar’s ‘Cypress’ solar module was revealed during SNEC in Shanghai this week. Read more

AEG Power Solutions inverter revenues boom as polysilicon orders collapse

Thursday, 5.16.2013 - 8:34 (Solarserver)

AEG Power Solutions BV (Zwanenburg, The Netherlands) has released results for the first quarter of 2013, reporting a 15% year-over-year increase in revenues to EUR 91.9 million (USD 118 million), at an EBITDA margin of 9.2%. AEG experienced a 251% year-over-year increase in revenues in its Renewable Energy Solutions – Solar division, driven by the sale of 240 MW of inverters for nine solar photovoltaic (PV) plants in Eastern Europe. This more than offset the fall in revenues from AEG's power controller business. Read more

Conergy sales boom in Q1 2013, losses remain

Thursday, 5.16.2013 - 8:29 (Solarserver)

Conergy AG (Hamburg, Germany) has released financial results for the first quarter of 2013, reporting a 24% year-over-year increase in revenues to EUR 122 million (USD 157 million), but a -12% operating margin, and a net loss of EUR 17.8 million (USD 22.9 million). Conergy notes that its sales volume grew 83% year-over-year to 128 MW, with particularly strong performance in the Spanish market. With its recent re-alignment mostly complete, the company expects to reach its 2013 targets of EUR 700 – 800 million in sales with a slight positive EBITDA. Read more

PV production in Poland: Project developer ML System to build a module factory in Trzebownisko

Thursday, 5.16.2013 - 8:26 (Solarserver)

ML System (Rzeszów, Poland) has received permission to build a solar photovoltaic (PV) cell and module manufacturing facility in Euro-Park Mielec, a special economic area in the Polish city of Trzebownisko. This will involve an investment of EUR 3.9 million (USD 5.0 million). Euro-Park Mielec is part of the Aeropolis Technology Park in Trzebownisko, which is located in the Province of Podkarpacki Read more

Applied Materials reports falling solar PV equipment revenues, orders in Q1 2013

Thursday, 5.16.2013 - 23:47 (Solarserver)

Applied Materials Inc. (Santa Clara, California, US) has released results for its latest financial quarter, reporting a 52% year-over-year decline in revenues to USD 38 million in its Energy & Environmental Services division, with an operating loss of USD 322 million. Read more

Applied Materials makes more solar workforce cuts on market deterioration

Thursday, 5.16.2013 - 23:08 (PV-Tech)

Applied Materials reported a surprise GAAP operating loss for its Energy and Environmental Solutions (EES) segment of US$322 million that included impairment charges of US$278 million. Non-GAAP operating loss was US$34 million. Read more

LA utility looks to large developers to build 250MW Beacon project

Thursday, 5.16.2013 - 22:16 (PV-Tech)

Los Angeles Department of Power & Water, the largest municipal electric utility in the US, has issued a request for proposals to build 250MW of solar power. Read more

DEGER launches new solar PV tracking system

Thursday, 5.16.2013 - 22:09 (Solarserver)

DEGERenergie (Horb, Germany), producer of solar photovoltaic (PV) tracking systems, has introduced the new DEGERtracker D100, covering up to 70.6 square meters of module space and is operating with all conventional modules. The rated output is between 8,000 and 12,000 watts peak (Wp), depending on the module type. Read more

JA Solar introduces new Cypress PV module series

Thursday, 5.16.2013 - 22:06 (Solarserver)

On May 14th, 2013, JA Solar Holdings Co. Ltd. (Shanghai, China) announced that it has unveiled its new Cypress module series, the latest result of the company's ongoing collaboration with DuPont Microcircuit Materials. The new module series was made using DuPont Solamet photovoltaic (PV) metallization paste. Read more

SolarCity Scores $500 Million from Goldman Sachs for Solar Leasing

Thursday, 5.16.2013 - 17:55 (Renewable Energy World)

SolarCity Corp. (SCTY), a solar-energy developer chaired by billionaire Elon Musk, won financing from Goldman Sachs (GS) Group Inc. for more than $500 million in rooftop solar systems that the company will complete this year. Read more

China Solar Update: Trina Improves, Suntech Scores Extension, Beijing Awaits EU Tariff Decision

Thursday, 5.16.2013 - 17:36 (Renewable Energy World)

Several news bits from the solar sector show more signs of stabilization after a 2-year-old downturn, even as an ongoing trade war looks set to escalate. The big picture in these news bits does seem to reflect some cautious optimism returning to the sector after the prolonged downturn due to massive oversupply. But that turnaround remains very tent Read more

SolarCity taps Goldman Sachs for US$500 million in latest 110MW project finance deal

Thursday, 5.16.2013 - 16:54 (PV-Tech)

A lease financing deal previously signed between investment bank Goldman Sachs and SolarCity is to support financing of a further 110MW of rooftop PV projects. Read more

US Solar 2013 Halftime Update: Victories and Ongoing Initiatives

Thursday, 5.16.2013 - 16:36 (Renewable Energy World)

2013 is nearly halfway through, so we'd like to share an update of Vote Solar initiatives and notable industry happenings from net metering to innovative financing. Read more

JA Solar repays $119 million bond

Thursday, 5.16.2013 - 15:56 (PV-Tech)

PV manufacturer JA Solar has set itself apart from some of its embattled Chinese rivals by repaying a US$119 million convertible note to bondholders. Read more

PvXchange: Solar PV module prices stabilized in April 2013

Thursday, 5.16.2013 - 15:55 (Solarserver)

PvXchange GmbH (Cologne, Germany) has released solar photovoltaic (PV) module price data for April 2013, reporting that while prices mostly stabilized, crystalline silicon (c-Si) PV modules prices fell again in Germany, reversing March increases. Read more

ReneSola solar PV module shipments boom in Q1 2013

Thursday, 5.16.2013 - 15:48 (Solarserver)

ReneSola Ltd. (Jiashan, China) has released results for the second quarter of 2013, reporting that it has exceeded its guidance with a 34% year-over-year increase in revenues to USD 284 million at a -11% operating margin. Read more

SunPower To Launch Solar Leases Overseas

Thursday, 5.16.2013 - 14:00 (Renewable Energy World)

Distributed generation and international markets will be the twin focus for SunPower over the next few years as the company makes a big push for using its concentrating PV technology and selling residential leases abroad, SunPower executives said during its analyst day presentations Wednesday. Read more

Walmart adds eight more stores to solar portfolio

Thursday, 5.16.2013 - 13:47 (PV-Tech)

US retail giant Walmart has continued to expand its solar footprint in the US with the completion of eight new PV arrays in the state of Massachusetts. Read more

Order Focus: LDK Solar signs 500MW wafer supply contract

Thursday, 5.16.2013 - 13:27 (PV-Tech)

Chinese manufacturer LDK Solar has signed a 500MW wafer supply contract with Realforce Power. Read more

SNEC: JinkoSolar launches PID free all-black ‘Eagle II’ series module

Thursday, 5.16.2013 - 13:25 (PV-Tech)

JinkoSolar has launched its PID-free all-black ‘Eagle II’ series module at SNEC, being held in Shanghai this week. Read more

SAG solar secures loan for 33MW UK project

Thursday, 5.16.2013 - 13:03 (PV-Tech)

SAG solar, a subsidiary of German PV developer SAG Solarstrom, has secured a £29.5 million loan for the recently completed 33MW solar plant at Wymeswold airfield in Leicestershire, UK. Read more

Conergy joins forces with Gamma Solutions for 1.2MW solar power plants in Spain

Thursday, 5.16.2013 - 12:34 (PV-Tech)

German module provider Conergy and Spanish renewable energy supplier Gamma Solutions have formed a partnership to install solar systems on nine public buildings in Spain. Read more

Comedian Griff Rhys Jones rages over proposed Suffolk solar farm

Thursday, 5.16.2013 - 12:27 (Solarpowerportal)

Actor and comedian Griff Rhys Jones has strongly opposed plans to build a 38.4 hectare solar farm in Tattingstone, Suffolk. Read more

pvXchange: High EU tariffs on imports of Chinese PV products will destroy EU solar market

Thursday, 5.16.2013 - 12:17 (Solarserver)

Citing heightened risks to investors, pvXchange GmbH (Cologne, Germany) has released a statement warning that the EU solar photovoltaic (PV) market will be the biggest loser if duties are imposed on imports of Chinese PV products. PvXchange states that the 47% average anti-dumping duties reported in the press surpass the original assumptions of many market participants, and warns that financing for large PV plants will not be possible under these conditions. Read more

Trina Solar upgrades shipment guidance

Thursday, 5.16.2013 - 12:11 (Solarserver)

Trina Solar Ltd. (Changzhou, China) has upgraded its first quarter 2013 guidance, estimating that it shipped between 390 and 400 MW of solar photovoltaic (PV) modules during the quarter. The company estimates a gross margin of 1%-3% for the quarter. Trina Solar also expects to report an accounts receivable provision reversal of USD 10.5-11.5 million, and a foreign currency exchange loss of USD 18.5-19.5 million. Read more

London solar installations lowest in the UK

Thursday, 5.16.2013 - 12:07 (Solarpowerportal)

Solar installations in London’s boroughs are lagging well behind those in other UK local authority areas, according to new analysis. Read more

Project Focus: Owens Corning and Constellation to install 2.6MW Delmar New York PV solar facility

Thursday, 5.16.2013 - 11:54 (PV-Tech)

Global manufacturer firm Owens Corning and energy supplier Constellation have teamed up to develop a 2.6MW solar power plant, in New York. Read more

ReneSola targets UK solar market

Thursday, 5.16.2013 - 11:47 (Solarpowerportal)

Chinese solar manufacturer ReneSola has opened a new office in Newhavan, UK, to establish what it said would be a long-term presence in the country. Read more

ReneSola targets UK solar market

Thursday, 5.16.2013 - 11:25 (PV-Tech)

Chinese solar manufacturer ReneSola has opened a new office in Newhavan, UK, to establish what it said would be a long-term presence in the country. Read more

Are Run-of-River Hydroelectric Systems Ready to Ride US Currents?

Thursday, 5.16.2013 - 15:17 (Renewable Energy World)

Reaping renewable energy from un-dammed portions of great American rivers like the Mississippi, Ohio, or even the Columbia is an idea that has been bandied about for decades. Read more

Moniz Unanimously Confirmed As New DOE Chief

Thursday, 5.16.2013 - 21:55 (Renewable Energy World)

Ernie Moniz has been unanimously confirmed by the U.S. Senate as the next Secretary of Energy, in a 97-0 vote (with three nonvoters). He succeeds Stephen Chu who held the position for four years. Read more

Dr. Moniz becomes US Secretary of Energy, EPA Nominee Gina McCarthy to move to full Senate vote

Thursday, 5.16.2013 - 21:30 (Solarserver)

The US Senate has approved MIT Energy Institute Director Dr. Ernest Moniz to lead the nation's Department of Energy in a 97-0 vote. Moniz will replace outgoing Secretary Dr. Steven Chu. Read more