880 SMA Sunny Tripower inverters to power 24 MW PV plant in Honduras

Thursday, 11.6.2014 - 12:22 (Solarserver)

SMA America’s (Rocklin, California, US) decentralized solar photovoltaic (PV) inverters have been selected for the largest PV plant in Honduras, SMA announced. The 24 MW Pavana Solar Park in Choluteca will feature a decentralized system design with 880 Sunny Tripower 24000TL-US three-phase, transformerless inverters and 22 SMA Cluster Controllers for advanced system monitoring and control. The power plant, designed by Orlando, Florida-based EPC Sybac Solar LLC, is expected to be complete early next year. Read more

SMA announces financial results: Significant PV inverter sales increase in Q3 cannot compensate low level in previous months

Thursday, 11.6.2014 - 9:25 (Solarserver)

In the third quarter of 2014, SMA Solar Technology AG (Niestetal, Germany) saw a considerable increase in sales compared to the two previous quarters. With 1.3 gigawatt of solar photovoltaic (PV) inverter output sold, the Company was nearly at the level of the good third quarter of 2013. However, from January to September 2014 as a whole, SMA could not reach the sales volume of the same period of the previous year due to the weak first half of the year, the company reports. In the reporting period, SMA sold PV inverters with an output of 3.3 gigawatt (Q1–Q3 2013: 4.0 GW) and generated sales of EUR 549.3 million (Q1–Q3 2013: €709.3 million). Read more

First Solar drops full-year revenue guidance on US project delays

Thursday, 11.6.2014 - 23:03 (PV-Tech)

First Solar reported third quarter net sales of US$889 million, an increase of US$345 million from the second quarter of 2014. However, project delays would result in full-year revenue guidance lowered by US$100 million to a range of US$3.6 billion to US$3.9 billion. Read more

First Solar restoring idled production lines in Malaysia and adding 2 lines in Ohio

Thursday, 11.6.2014 - 22:31 (PV-Tech)

First Solar said that it would be restoring idled production lines at its main production plant in Malaysia bringing back 360MW of capacity. The company also said it would add two new lines at its facility in Ohio, providing a further 100MW of nameplate capacity in 2015. Read more

First Solar restoring idled production lines in Malaysia and adding two lines in Ohio

Thursday, 11.6.2014 - 22:31 (PV-Tech)

First Solar has said it will restore idled production lines at its main production plant in Malaysia bringing back 360MW of capacity. The company also said it would add two new lines at its facility in Ohio, providing a further 100MW of nameplate capacity in 2015. Read more

DECC minister joins Tory anti-solar farm bandwagon

Thursday, 11.6.2014 - 18:55 (Solarpowerportal)

Amber Rudd, junior minister for energy and climate change has become the latest Conservative minister to criticise the deployment of solar farms in the UK after she said solar farms “are not particularly welcome” in the UK. Read more

Top 5 Ways Solar Companies Benefit from The Solar Foundation’s Jobs Census

Thursday, 11.6.2014 - 17:57 (Renewable Energy World)

Before I answer the title of this post, a brief reality check: Nobody will benefit from The Solar Foundation’s annual job census until we all step up and finish funding its completion. Now, I’m not going to name names, but I hear from reliable sources that a lot of big name solar companies that we all know have not contributed anything to this year Read more

Africa project completions boost Scatec Solar revenue

Thursday, 11.6.2014 - 16:41 (PV-Tech)

Norwegian independent power producer Scatec Solar’s revenues are up almost NOK100 million (US$14.5 million) on last year off the back of PV power plant project completions in Africa. Read more

Independent solar power producer Scatec Solar publishes Q3 results: Strong growth in revenues and profits

Thursday, 11.6.2014 - 14:25 (Solarserver)

The independent solar power producer Scatec Solar ASA (Oslo, Norway) on November 6th, 2014 announced strong increase in revenues and profits in Q3, 2014, driven by grid connection of three solar PV plants. Scatec Solar ASA reported consolidated revenues of NOK 130 million (USD 19 million) in the third quarter, up from NOK 93 million in the previous quarter and NOK 31 million in the same period last year. Read more

Phoenix Solar AG presents figures for the first nine months of 2014: Significant decrease in revenues, earnings

Thursday, 11.6.2014 - 13:56 (Solarserver)

Phoenix Solar AG (Sulzemoos, Germany), an international photovoltaic (PV) system integrator listed in Prime Standard of the Frankfurt Stock Exchange, on November 6th, 2014 released its financial report on the first nine months of the financial year 2014. Revenues declined to EUR 19.5 million (Q1–Q3, 2013: EUR 116.0 million), thereby remaining below budget, similar to the first half-year. Earnings before interest and taxes (EBIT) came in at EUR -5.7 million (Q1–Q3, 2013: EUR -1.6 million). Continued operations following the disposal of the European O&M business generated EUR 15.9 million (Q1–Q3, 2013: EUR 112.0 million). EBIT from continued operations therefore amounted Read more

Canadian Solar another major winner in Brazilian PV auction

Thursday, 11.6.2014 - 12:55 (PV-Tech)

Canadian Solar has revealed that it has also been a major winner in the recent reverse auction in Brazil for PV, securing 114MW of projects with local PV developer, Solatio in the state in Minas Gerais. Read more

SCE signs contracts for 2,221 MW of new power generation capacity, including solar PV

Thursday, 11.6.2014 - 12:33 (Solarserver)

Southern California Edison (SCE, Rosemead, California, US) on November 5th, 2014 announced that it has signed contracts for 2,221 megawatts (MW) of power from diverse new resources, including solar photovoltaics (PV), to meet its customers’ long-term electricity needs. The 2,221 MW will represent roughly 10 percent of SCE’s current total customer peak usage and is enough to power about 950,000 average homes. Read more

SMA Solar sees strong demand momentum but inverter pricing hits revenue

Thursday, 11.6.2014 - 12:29 (PV-Tech)

Leading PV inverter manufacturer, SMA Solar Technology, said it experienced strong demand in the third quarter and that its high order book for the fourth quarter suggests a stronger second-half performance. Read more

Chinese PV suppliers catching up with in-house project trend - Solarbuzz

Thursday, 11.6.2014 - 12:20 (PV-Tech)

Chinese firms are leading a growing wave of interest among top module manufacturers in supplying modules for their own projects, NPD Solarbuzz research suggests. Read more

Trina targets Thai rooftop PV market with 7.8MW module order

Thursday, 11.6.2014 - 12:14 (PV-Tech)

Tier-one Chinese module manufacturer, Trina Solar, has supplied 7.8MW of its 31,200 Honey modules for ten rooftop projects in Thailand. Read more

Canadian Solar to add another 500MW module capacity

Thursday, 11.6.2014 - 12:05 (PV-Tech)

Canadian Solar will add another 500MW of module capacity next year, according to its CEO Shawn Qu. Read more

Colorado Knows How to Maximize 300 Days of Sunshine

Thursday, 11.6.2014 - 12:03 (Renewable Energy World)

Denver residents are taking advantage of the city’s sunny days and mild temperatures — and turning the sunshine into solar energy. At the end of 2013, the Mile High City had a total installed capacity of 25 megawatts (MW) of clean energy from the sun, ranking it the 10th best city in America in terms of solar energy. The cities were evaluated by En Read more

Hanwha Q CELLS joins Germany’s storage market with Samsung SDI partnership

Thursday, 11.6.2014 - 12:01 (PV-Tech)

In December, PV module manufacturer Hanwha Q CELLS will join other big names in solar by launching an integrated energy storage product to the German residential market, in partnership with Samsung SDI. Read more

SolarCity Reports Unexpected Profit as Installations Climb

Thursday, 11.6.2014 - 11:50 (Renewable Energy World)

SolarCity Corp., the biggest U.S. rooftop solar installer, posted an unexpected third-quarter profit, largely because of accounting rules. Read more

Optimism for US solar in spite of new Republican Congress

Thursday, 11.6.2014 - 11:49 (PV-Tech)

Despite the newly elected Republican majority in US Congress, the Solar Energy Industrial Association (SEIA) remains optimistic about the future of the US solar market, a SEIA spokesman told PV Tech yesterday. Read more

NPD Solarbuzz: Asian PV module suppliers expand in-house project activities to diversify revenue streams

Thursday, 11.6.2014 - 10:41 (Solarserver)

An increasing number of the top 20 solar photovoltaic (PV) module suppliers are shifting their strategic focus within the industry, by increasing shipments for dedicated in-house projects, NPD Solarbuzz (Santa Clara, California, US) reports. Championed by First Solar, SunPower, and Canadian Solar in recent years, this model provides PV manufacturers with the flexibility to choose between shipping products for in-house projects, or to third parties that use the PV modules for their own projects. Read more

IHS predicts UK utility-scale solar PV in Q1, 2015; installations to peak at 1.3 GW

Thursday, 11.6.2014 - 7:23 (Solarserver)

The UK’s Department of Energy & Climate Change (DECC) confirmed in October 2014 that the Renewable Obligation Certificates (ROC) scheme will close to ground-mount solar photovoltaic (PV) systems sized at 5 MW or larger at the end of March 2015. As a result, IHS Technology (London) forecasts a boom in installations in Q4, 2014 and peaking in Q1, 2015. Due to the surge in applications for ground-mount PV systems, local authorities are refusing permit applications, Lauren Cook, solar analyst at IHS Technology notes. Based on DECC data and the IHS PV project database, IHS estimates that more than 20% of the 6.2 GW solar projects in the pipeline will not be able to proceed. Read more

SunEdison reports Q3, 2014 results: Overall revenue up 5%; Solar Energy segment operating loss higher year-over-year and sequentially

Thursday, 11.6.2014 - 6:59 (Solarserver)

SunEdison Inc. (Belmont, California, US) on November 5th, 2014 announced financial results for Q3, 2014 with GAAP revenue of USD 681.2 million, up 5% compared to USD 646.2 million in Q2, 2014, and up 11% compared with Q3, 2013 (USD 611.5 million). Read more

Comparing the Costs of Biomass Conversion and Offshore Wind

Thursday, 11.6.2014 - 12:07 (Renewable Energy World)

A new report compares the equivalent total consumer cost of converting existing coal-fired power stations to run on biomass to replacing a proportion of power generation from biomass conversions with an equivalent level of generation from offshore wind. It finds that the biomass conversion scenario is considerably cheaper. Read more

US Midyear Elections offer Opportunities and Challenges for Renewable Energy

Thursday, 11.6.2014 - 16:04 (Renewable Energy World)

Every time the U.S. holds midyear elections, the country almost always goes against the incumbent President’s party, which is always sobering to whomever holds The White House. And this week’s elections were no exception. Read more

US Midyear Elections Offer Opportunities and Challenges for Renewable Energy

Thursday, 11.6.2014 - 16:04 (Renewable Energy World)

Every time the U.S. holds midyear elections, the country almost always goes against the incumbent President’s party, which is always sobering to whomever holds The White House. And this week’s elections were no exception. Read more

6 Renewable Energy Trends to Watch for in 2015

Thursday, 11.6.2014 - 15:23 (Renewable Energy World)

Fall is when IREC releases its annual report, Trends Shaping Our Clean Energy Future. These 35 pages are not just a litany of our activites but dig into deeper reasoning of what we've done over the past 12 months; why it's important; who we've touched; and where it leads. Do take a look. From both our national workforce and regulatory experience, t Read more

Advanced energy storage: Stem to provide 85 MW of capacity for Southern California Edison

Thursday, 11.6.2014 - 12:27 (Solarserver)

Stem Inc., (Millbrae, CA, US) a provider of advanced energy storage technology, software and data analytics, has been awarded 85 MW in the local capacity procurement from Southern California Edison (SCE). Under the terms of this multi-year agreement, Stem will deploy its advanced, behind-the-meter energy storage solution at customer locations in the Western Los Angeles Basin to act as dispatchable capacity to enhance the local reliability of the region. Read more