Sungrow partners on 300MW of Inner Mongolia PV power plant projects

Monday, 4.7.2014 - 19:15 (PV-Tech)

Major China-based PV inverter manufacturer, Sungrow Power Supply Co has signed a ‘strategic cooperation agreement’ to build a total of 300MW of PV power plants in Inner Mongolia at an estimated cost of US$483 million, according to a company statement. Read more

Shunfeng shareholders approve Wuxi Suntech acquisition

Monday, 4.7.2014 - 16:14 (Solarserver)

Shareholders of Shunfeng Photovoltaic International Ltd. (Changzhou, China) have unanimously approved its plans to acquire Wuxi Suntech (Wuxi, China) and an associated financial restructuring. Property magnate Cheng Kin Ming, who owns 27% of the share capital of Shunfeng, abstained from voting. Read more

China Sunergy triples shipments, more than doubles revenues in Q4 2013

Monday, 4.7.2014 - 15:45 (Solarserver)

On strong Chinese demand, China Sunergy Co. Ltd.'s (CSUN, Nanjing, China) solar photovoltaic (PV) product shipments jumped 201% to 236 MW as revenues grew 131% to USD 125 million in the fourth quarter of 2013. During the fourth quarter China became the company's largest market, representing 56% of revenues, with Japanese sales providing another 7%. Read more

Shunfeng shareholders approve Wuxi Suntech deal

Monday, 4.7.2014 - 14:10 (PV-Tech)

A meeting of Shunfeng shareholders has unanimously approved the takeover deal for Wuxi Suntech. Read more

Conergy hits 68MW project target in first quarter of 2014

Monday, 4.7.2014 - 13:57 (Solarpowerportal)

International PV system provider, Conergy, has completed 68MW of large-scale PV in the first three months of the year. Read more

Why Falling Module Prices Lead to Lower-tilt Racking

Monday, 4.7.2014 - 13:46 (Renewable Energy World)

Everyone is impressed with the cost reductions in solar modules over the last five year, dropping from $3.25/Wp in 2008 to below $0.70/Wp in 2013. This trend has made solar power competitive with fossil fuels in many markets, and has left many other technologies, such as amorphous silicon or concentrating PV, in the dust. This dramatic cost reduction also has significant implications for the design of a solar array, and even in which components should be used elsewhere in the system. In particular, the cost reduction of solar modules is having a major impact on the racking designs in solar – with implications for the winners & losers in that sector. Read more

Conergy hits 68MW first quarter UK project target

Monday, 4.7.2014 - 13:37 (PV-Tech)

International PV system provider, Conergy, has completed 68MW of large-scale PV in the first three months of the year. Read more

China Merchants extends stake in United Photovoltaics

Monday, 4.7.2014 - 13:19 (PV-Tech)

China Merchants New Energy Group (CMNEG) has extended its stake in United Photovoltaics, formerly Goldpoly. Read more

GTM: 380 MW of solar PV projects now under construction in Chile

Monday, 4.7.2014 - 21:02 (Solarserver)

GTM Research Inc. (Boston, Massachusetts, U.S.) reports that Chile has reached 380 MW of solar photovoltaic (PV) projects under construction, in its latest report on the region. This is substantially more than the 225 MW-AC that the nation's Center for Renewable Energy (CER) estimated three weeks prior. Read more

Open Innovation & Solar: A New Horizon Emerges in the Heart of Coal Country

Monday, 4.7.2014 - 18:13 (Renewable Energy World)

Many visions have been laid out and developed over the years that point towards what economist Jeremy Rifken calls the Third Industrial Revolution: a network economy where the entire system is interactive, integrated and seamless. This integration of energy sources is presently and will continue to create whole new opportunities for cross-industry Read more

Watch Greg Barker launch the Solar Strategy at Sunsolar Energy opening

Monday, 4.7.2014 - 16:06 (Solarpowerportal)

Greg Barker recently opened SunSolar Energy’s new 75MW module manufacturing facility in Oldbury, Birmingham. Solar Power Portal was on hand to capture the minister’s announcement. Read more

Neo Solar Power sets record revenue quarter

Monday, 4.7.2014 - 15:00 (PV-Tech)

Major Taiwan-based solar cell manufacturer, Neo Solar Power (NSP) has reported record sales of approximately US$83.2 million (NT$2,518 million) for March, 2014. Read more

SunEdison drops domestic content project in India

Monday, 4.7.2014 - 14:15 (PV-Tech)

Global solar developer, SunEdison has dropped a 20MW project following concerns about domestic manufacturing supply in India, according to Bloomberg New Energy Finance. Read more

AU Optronics forms JV with insurance companies to invest in Taiwan plants

Monday, 4.7.2014 - 12:42 (PV-Tech)

AU Optronics (AUO) has announced a move downstream, establishing a joint venture (JV) with several Tawianese insurance companies aimed at investing in and managing solar power plants in Taiwan. Read more

Chaori Solar creditor pushes for bankruptcy restructuring

Monday, 4.7.2014 - 12:15 (PV-Tech)

A credit of Chaori Solar, the first company in China to default on a domestic bond repayment, has applied for the company to enter bankruptcy restructuring. Read more

India solar: Karnataka requests bids for 50 MW of solar PV, CSP

Monday, 4.7.2014 - 8:57 (Solarserver)

The Indian state of Karnataka has issued a request for proposals (RFP) for 50 MW of solar photovoltaic (PV) and concentrating solar power (CSP) capacity, as phase 3 of the state's solar policy. The bid submission deadline is April 30th, 2014. RESolve Energy Consultants (Chennai, India) states that this RFP was required as some of the lowest winning bidders from the previous solicitation declined to sign power purchase agreements (PPAs), stating that the projects were not viable due to the low prices. Read more

Duke Energy receives strong response to solicitation for solar PV projects in the Carolinas

Monday, 4.7.2014 - 8:49 (Solarserver)

Duke Energy (Charlotte, North Carolina, U.S.) reports that it has received bids for nearly 900 MW of new solar photovoltaic (PV) capacity in its recent solicitation for PV projects, almost three times the program limit of 300 MW. This is particularly remarkable given that the bidding was limited to projects in the company's transmission and distribution interconnection queue as of February 13th, 2014. Through the RFP bidders offered both proposals of electricity and renewable energy certificates and turnkey projects which Duke will acquire. Read more

Massachusetts companies selected for 30 MW solar PV plant in Mexico

Monday, 4.7.2014 - 8:43 (Solarserver)

Three companies from the U.S. state of Massachusetts will participate in a 30 MW solar photovoltaic (PV) project in Mexico. The ZacSol PV project in the Mexican state of Zacatecas has been announced as part of an “innovation partnership” between Mexico and the U.S. state. Solectria Renewables LLC (Lawrence, Massachusetts, U.S.) will supply inverters to the project, while the Vertex Companies Inc. (Weymouth, Massachusetts, U.S.) will lead permitting and construction management. Panel Claw (North Andover, Massachusetts, U.S.) will supply components to the ZacSol plant. Read more

Expect More Renewable Energy Yieldcos Seeking Cheap Equity, Abengoa Says

Monday, 4.7.2014 - 16:42 (Renewable Energy World)

Renewable energy companies are showing increasing interest in creating “yieldcos,” a strategy that may provide cheap capital, according to Abengoa SA’s chief executive officer. Read more

Daqo prepping new 6,000MT polysilicon plant on increased demand

Monday, 4.7.2014 - 15:41 (PV-Tech)

China-based polysilicon and wafer producer, Daqo New Energy Corp reported narrowing quarterly losses on improved shipments of polysilicon and wafers in the fourth quarter of 2013. Read more

Japan Energy Policy Stops Short of Setting Renewables Targets

Monday, 4.7.2014 - 15:37 (Renewable Energy World)

Prime Minister Shinzo Abe’s government stopped short of setting goals for renewable energy in the final version of a draft plan that reinforces atomic power’s role in Japan’s energy future, calling it a vital source of generation. Read more

A Cold Short-cut to CO2 Energy Storage

Monday, 4.7.2014 - 13:45 (Renewable Energy World)

All over the world, scientists are on the hunt for solutions that will allow CO2 to be captured from large power stations and industrial plants. Many of the methods in use today employ chemicals or advanced materials to extract CO2 from flue-gases. But now, a chilly alternative is showing signs of heating up. Read more

Duke Energy’s 300MW request for proposals ‘three times oversubscribed’

Monday, 4.7.2014 - 13:40 (PV-Tech)

A request for proposals (RfP) to build 300MW of solar power plants in North Carolina issued by US electric power holding company Duke Energy has been oversubscribed almost three times. Read more

Clean Energy Beats Fossil Fuels as Costs Drop Globally

Monday, 4.7.2014 - 13:26 (Renewable Energy World)

Global investment in renewable energy fell in 2013 for the second straight year. Ulf Moslener, a professor at the Frankfurt School of Finance & Management, said instead of focusing on what was spent, look at what it bought. Read more

Daqo to start work on polysilicon plant expansion to 12,150 metric tons

Monday, 4.7.2014 - 8:36 (Solarserver)

Daqo New Energy Corp. (Chongqing, China) has announced that it will begin construction on a new 6,000 metric ton expansion to its Xinjiang polysilicon plant in April 2014, in a statement accompanying its fourth quarter 2013 results. The company expects to complete construction work by the end of 2014 and full ramp up by the second quarter of 2015, at which time the facility will have the capacity to produce 12,150 metric tons of polysilicon annually. Read more