Enphase revenue up 26% as UK market share strengthens

Wednesday, 5.7.2014 - 13:50 (Solarpowerportal)

Inverter manufacturer Enphase Energy reported revenue of US$57.6 million for the first quarter of 2014, up 26% on the same period last year. Read more

Enphase revenue up 26% as overseas expansion continues

Wednesday, 5.7.2014 - 13:15 (PV-Tech)

Inverter manufacturer Enphase Energy reported revenue of US$57.6 million for the first quarter of 2014, up 26% on the same period last year. Read more

Order Focus: Solectria supplies inverters to Massachusetts ground mount projects

Wednesday, 5.7.2014 - 12:49 (PV-Tech)

Utility-scale inverters by US manufacturer Solectria Renewables will be used at five PV projects in Massachusetts totalling 13MW, purchased by renewable energy asset management firm NuGen Capital Management. Read more

Advanced Energy inverter business posts loss in Q1 2014 as revenues rise year-over-year

Wednesday, 5.7.2014 - 8:20 (Solarserver)

Revenues in Advanced Energy Industries Inc. (Fort Collins, Colorado, U.S.) inverter division increased 16% year-over-year to USD 58.1 million in first quarter of 2014, according to results released by the company. However, the division also reported a -11% operating margin. Due to better profitability in its Precision Power Products division, Advanced Energy reported positive results for the quarter, with USD 141 million in revenues and a 12% operating margin. Read more

Solar Making Big Strides to Power the Developing World

Wednesday, 5.7.2014 - 21:21 (Renewable Energy World)

As we go about our daily lives using smartphones, computers and other technologies, it’s hard to believe that more than 2 billion people globally still live without electricity. According to the International Finance Corporation $37 billion is spent on fossil fuels to power the developing world each year. However, much of this population lives in areas where it is quite sunny, making solar energy an ideal solution. Several solar companies have developed affordable technology and essential financing mechanisms to bring renewable energy to those who need it most, and are now celebrating significant milestones. Read more

SPI Solar thrown US$21.75 million lifeline

Wednesday, 5.7.2014 - 20:02 (PV-Tech)

Struggling EPC and project developer, SPI Solar is entering into a private share placement with four Hong Kong shell companies to raise a US$21.75 million lifeline after recently reporting it had only US$1 million in cash and cash equivalents at the end of 2013. Read more

NextEnergy Solar Fund acquires first UK solar project

Wednesday, 5.7.2014 - 18:37 (Solarpowerportal)

NextEnergy Solar fund has acquired its first operational solar farm in the UK. Read more

First Solar constrained on revenue projections for year despite Q1 performance

Wednesday, 5.7.2014 - 18:22 (PV-Tech)

Leading PVEP (Photovoltaics Energy Provider) First Solar reported first quarter 2014 revenue well above guidance on a PV project pull-in but reiterated full-year revenue guidance would be unchanged at up to US$4 billion. Read more

SkyPower FAS signs agreements to build 3 GW of solar PV in Nigeria

Wednesday, 5.7.2014 - 15:55 (Solarserver)

A joint venture of SkyPower Global (Toronto) and FAS Energy (Riyadh, Saudi Arabia) has signed agreements with the federal government and Delta State of Nigeria to build 3 GW of solar PV in the nation over the next five years. This is the largest PV deal announced in Africa to date, and will involve a multi-phase development and build schedule. Read more

EurObserv'ER: EU solar PV market falls 40% in 2013 as markets shift

Wednesday, 5.7.2014 - 15:01 (Solarserver)

EurObserv'ER (Paris) has published its latest assessment of the development of solar photovoltaics (PV) in the European Union, which finds that the volume of the continent's PV market fell 40% to 9.92 GW in 2013, to bring it to 78.8 GW of cumulative capacity. Read more

Solar 1603 Grant Data Lifts the Veil On PV System Performance

Wednesday, 5.7.2014 - 13:54 (Renewable Energy World)

In the world of photovoltaic (PV) finance, historical performance data — or the lack thereof — stands as an obstacle to the risk assessment and credit evaluation of solar installations. Investors eyeing solar-backed securities or other investment vehicles might view the asset class cautiously without a firm, data-driven understanding of how solar assets perform (i.e., generate power) in the field and how this affects the cash flows that would ultimately backstop their investment. Read more

Panama approves two new solar power projects

Wednesday, 5.7.2014 - 13:08 (PV-Tech)

The two plants totaling 29.9MW will both be located in the Chiriquí province, on the western coast of Panama. Read more

Oxfordshire Council refuses planning permission for community-owned Cotswold solar farm

Wednesday, 5.7.2014 - 12:54 (Solarpowerportal)

A 5MW solar farm proposal in Charlbury, Oxfordshire has been refused planning permission by Oxfordshire County Council. Read more

Saudi-Canadian solar JV signs 3GW Nigeria deal

Wednesday, 5.7.2014 - 12:07 (PV-Tech)

A joint venture between Canadian developer SkyPower Global and Saudi Arabian firm FAS Energy has signed a 3GW solar development deal with Nigerian authorities. Read more

SunEdison puts online 117 MW-DC of UK solar PV plants, signs PPA for another 88 MW-DC

Wednesday, 5.7.2014 - 8:08 (Solarserver)

SunEdison Inc. (St. Peters, Missouri, U.S.) reports that it has completed and commissioned eight solar photovoltaic (PV) plants totaling 117 MW-DC in the United Kingdom, in its first year in the nation's PV market. The company has another six PV plants under construction in the UK, and has signed a power purchase agreement (PPA) with Statkraft (Oslo) for the entire 88 MW-DC output of these plants. Read more

Natcore completes first solar PV cell line test of Black Silicon technology

Wednesday, 5.7.2014 - 7:57 (Solarserver)

Natcore Technology Inc. (Red Bank, New Jersey, U.S.) reports that an un-named Chinese solar photovoltaic (PV) manufacturer has processed its “Black Silicon” wafers into PV cells on a working production line for the first time. Previously the technology had only been processed into cells in laboratory settings. The PV cells produced offered efficiencies of 15.7%, however the Chinese PV maker expects to achieve efficiencies in “the high teens” with process improvements. Read more

Martifer Solar builds “grid parity” PV plant for IKEA in Italy

Wednesday, 5.7.2014 - 7:33 (Solarserver)

Martifer Solar (Oliveira de Frades, Portugal) has built a 696 kW solar photovoltaic (PV) plant for the IKEA Group (Leiden, The Netherlands) on the roof of the company's new store in Pisa, Italy. Martifer says that the plant will produce electricity at or below the cost of retail power, which is important as the plant will not be supported by either a feed-in tariff or net metering. Italy closed its feed-in tariff in the summer of 2013, and net metering is limited to PV projects 200 kW and smaller. Read more

DOE Picks Winners for US Offshore Wind Development

Wednesday, 5.7.2014 - 19:45 (Renewable Energy World)

The U.S. Department of Energy (DOE) has announced the three pilot projects that will continue to receive DOE funding to design, develop, and deploy their offshore wind technologies and processes. Each will receive up to another $47 million over the next four years to push their projects to fruition and commercial operation by 2017. Read more

Judge Has Harsh Words for Cape Wind Foes

Wednesday, 5.7.2014 - 13:52 (Renewable Energy World)

A federal court judge had harsh words last week for Cape Wind foes as he handed down the 26th legal win for the Massachusetts offshore wind farm project. Read more

Congress Must Act on Clean Energy Incentives Before Time EXPIREs

Wednesday, 5.7.2014 - 18:17 (Renewable Energy World)

Congress failed to act last year and let a set of critical clean energy tax credits expire—putting clean air and clean energy jobs at risk. The good news is that earlier this month, the new chairman of the Senate Finance Committee, Senator Wyden (D-OR) took the first step in putting these critical tax credits back in place by reporting a bipartisan bill out of his committee: the EXPIRE Act. Read more

Solar Industry Uniquely Poised to Help Fight Climate Change

Wednesday, 5.7.2014 - 14:54 (Renewable Energy World)

Do you remember the old Midas TV commercial, “You can pay me now or pay me later?”  Well, I was reminded of that today when reading the latest evidence of climate change.  It carried the same kind of blunt warning:  Cut pollution now or face enormous consequences down the road. As expected, a non-partisan committee of experts released its 148-page  Read more

Ten Clean Energy Stocks For 2014: May Update

Wednesday, 5.7.2014 - 14:28 (Renewable Energy World)

April showers fell on both the broad market and clean energy stocks last month, but my picks weathered the storm relatively well. My clean energy benchmark (PBW) was down 5.9 percent since the last update, and my broad market benchmark (IWM) fell 1.7 percent. Read more