Losses persist in Yingli's Q1 2014 results

Tuesday, 6.17.2014 - 15:28 (Solarserver)

The world's largest solar photovoltaic (PV) module maker continued to struggle with profitability in the first quarter of 2014. Yingli Green Energy Holding Co. Ltd. (Baoding, China) reported flat year-over-year revenue growth to USD 432 million, a -4.8% operating margin and a net loss of USD 55 million. Read more

PR agency man takes CEO role at EPIA

Tuesday, 6.17.2014 - 14:01 (PV-Tech)

The European Photovoltaic Industry Association (EPIA) has appointed Dr. James Watson as the CEO of the trade association and is expected to take on the role at the beginning of July. Read more

SolarCity moves into PV manufacturing with Silevo acquisition

Tuesday, 6.17.2014 - 20:19 (Solarserver)

SolarCity Corp. (San Mateo, California, U.S.) has announced that it will acquire start-up Silevo Inc.(Fremont, California, U.S.), which makes high-efficiency solar photovoltaic (PV) modules using a novel cell architecture. The company is planning an initial facility to manufacture Silevo modules in the U.S. state of New York, which it says will reach the capacity to produce more than 1 GW of PV modules annually within the next two years. Read more

Vertical Integration Continues: SolarCity Buys Silevo for $200 Million, Plans GW Factory in NY

Tuesday, 6.17.2014 - 18:50 (Renewable Energy World)

In an effort to further streamline its solar business and lower the overall cost of solar energy, SolarCity announced today that it would acquire high-efficiency cell manufacturer Silevo for $200 million. In an effort to scale up the technology, SolarCity plans to construct a 1-GW manufacturing facility located in Buffalo, New York within the next two years. Read more

SolarCity buys Silevo, plans 1GW fab

Tuesday, 6.17.2014 - 17:15 (PV-Tech)

Leading US PV installer SolarCity is to acquire American module manufacturer Silevo in a major move that could see it producing its own modules within two years. Read more

Breaking: SolarCity buys Silevo, plans 1GW fab

Tuesday, 6.17.2014 - 17:15 (PV-Tech)

Leading US PV installer SolarCity is to acquire American module manufacturer Silevo in a major move that could see it producing its own modules within two years. Read more

Belectric and First Solar connect 34.5MW of UK PV

Tuesday, 6.17.2014 - 14:54 (PV-Tech)

US thin-film manufacturer First Solar and German EPC firm Belectric have connected 34.5MW of solar farms in the UK. Read more

More solar PV added globally in 2013 than wind for the first time

Tuesday, 6.17.2014 - 14:17 (Solarserver)

At 38 GW, more solar photovoltaic (PV) capacity was installed globally in 2013 than wind and roughly as much as hydroelectric power, according to a new report by the Renewable Energy Policy Network for the 21st Century (REN21, Paris). “Renewables Global Status Report 2014” found that global installed PV reached 138 GW at the end of the year. Read more

Indosolar to double capacity as orderbook nears 0.5GW

Tuesday, 6.17.2014 - 14:14 (PV-Tech)

Indian cell manufacturer Indosolar has confirmed that it will more than double its manufacturing capacity this year with orders from the country’s national solar mission continuing to roll in. Read more

BayWa r.e sells UK solar farm to Allianz

Tuesday, 6.17.2014 - 14:10 (Solarpowerportal)

Finance company, Allianz Global Investors has bought Great Glehman Solar Park from renewable energy company, BayWa r.e. Read more

Deutsche Bank expects more publicly traded PV-based yield cos

Tuesday, 6.17.2014 - 13:46 (PV-Tech)

Deutsche Bank Securities expects as many as six yield co financial structures to be publically traded in the next 12-18 months, describing PV-based yield cos as “the most significant positive catalyst for the solar sector”. Read more

First Solar and Belectric connect 34.5MW of UK PV plants

Tuesday, 6.17.2014 - 13:21 (Solarpowerportal)

US thin-film manufacturer First Solar and German EPC firm Belectric have connected 34.5MW of solar farms in the UK. Read more

Pepsico installs rooftop solar at Copella orchard

Tuesday, 6.17.2014 - 13:15 (Solarpowerportal)

Copella Farm in Boxford, home to the orchards that make Copella apple juice, has installed a 150kW rooftop array. Read more

TBEA SunOasis wins Pakistan mega-solar project contracts

Tuesday, 6.17.2014 - 11:37 (PV-Tech)

Chinese PV manufacturer and system integrator, TBEA SunOasis, has won a bid to be part of Pakistan’s Quaid-e-Azam solar park. Read more

Yingli powers Malaysia's largest solar PV plant

Tuesday, 6.17.2014 - 8:33 (Solarserver)

A subsidiary of Amcorp Group Berhad (Petaling Jaya, Malaysia) has commissioned a 10.3 MW solar photovoltaic (PV) plant in Malaysia, the largest to date in the nation. The plant in the state of Negri Sembilan utilizes over 40,000 Yingli YGE Series multicrystalline PV modules, covering 14 hectares. “We are pleased to have selected Yingli Green Energy as our module supplier for Malaysia's largest solar power plant,” notes Amcorp Group Berhad Director Encik Shahman Azman. “As the world's largest solar module manufacturer, Yingli provided us with the high-quality solar modules and after-sales support that we required for the project.” Read more

Abengoa Yield goes public

Tuesday, 6.17.2014 - 8:30 (Solarserver)

Shares of Abengoa SA's (Seville, Spain) yieldco began trading on the NASDAQ stock market under the symbol “ABY” on June 13th, 2014. This is the first time that a solar developer has held a successful initial public offering (IPO) for a yieldco vehicle. Abengoa Yield plc (Leeds, UK) will be the primary vehicle through which Abengoa will own, manage and acquire renewable energy, conventional power and transmission assets. As of April 1st, 2014 the company owned 11 assets including the Solana and Mojava concentrating solar power (CSP) projects in the United States. Read more

French solar PV market partially rebounds, 163 MW installed in Q1 2014

Tuesday, 6.17.2014 - 8:27 (Solarserver)

France installed 163 MW of solar photovoltaic (PV) capacity in the first quarter of 2014, according to statistics released by the nation's Ministry of Ecology, Energy and Sustainable Development (MEDDE). While this is a 48% increase over the dismal level of installations in the first quarter of 2013, it is still far below 2011 and 2012 levels. At the end of the quarter, the nation had 4.89 GW of installed PV. Read more

Skytron enables grid integration of 15.2 MW solar PV plant in Mauritius

Tuesday, 6.17.2014 - 8:23 (Solarserver)

Skytron Energy (Berlin, Germany) reports that it has supplied its Skycontrol power plant control system for a 15.2 MW solar photovoltaic (PV) plant in the island nation of Mauritius, which it says helped to meet the nation's demanding grid connection requirements. This is the first utility-scale PV plant in Mauritius, and was built by Tauber Solar Energietechnik GmbH (Tauberbischofsheim, Germany) and Conecon GmbH (Haibach, Germany). Skytron notes that the system which it supplied executes a highly flexible control program. Read more

Mineirão Stadium hosts the world's first solar-powered World Cup match

Tuesday, 6.17.2014 - 8:19 (Solarserver)

The June 14th, 2014 match between Colombia and Greece was the first ever to be played in a stadium powered by solar photovoltaics (PV), according to utility CEMIG (Belo Horizonte, Brazil). Martifer Solar (Oliveira de Frades, Portugal) completed the 1.4 MW PV plant on the roof of the Mineirão Stadium in Belo Horizonte, Brazil in May 2013. The stadium will host six games of the 2014 FIFA World Cup, including a semi-final match on July 8th, 2014. Read more

NRG Energy installs 6MW solar generating plant in southern California

Tuesday, 6.17.2014 - 6:15 (PV-Tech)

Renewable energy developer NRG Energy, Inc. has completed a new 6MW PV facility in Southern California. Read more

Macquarie and 8minutenergy close on 90MW California PV plant

Tuesday, 6.17.2014 - 14:53 (PV-Tech)

Macquarie Group and developer 8minutenergy Renewables have closed on US$30 million worth of financing for a 90MW solar farm in California. Read more

Yingli Green posts US$55 million net loss in Q1

Tuesday, 6.17.2014 - 14:15 (PV-Tech)

The PV industry’s largest manufacturer, Yingli Green Energy reported a US$55 million net loss for the first quarter of 2014, compared to a net loss of US$128.2 million in the previous quarter. Read more

The US South’s New Clean Energy Hub

Tuesday, 6.17.2014 - 12:47 (Renewable Energy World)

While Charlotte, N.C., is perhaps best known as a financial center, with big institutions like Bank of America and Wells Fargo dominating the skyline, the area is also a major energy hub. The region is home to more than 260 companies and nearly 28,000 workers that are tied directly to the energy sector, including Charlotte-based Duke Energy. Moreover, the region is developing a growing number of clean energy initiatives, and the state has implemented legislature that requires investor-owned utilities to generate 12.5 percent of their retail sales from renewable energy by 2021. Read more

Malaysia’s largest PV facility to be powered by Yingli PV modules

Tuesday, 6.17.2014 - 7:15 (PV-Tech)

10MW of Yingli Green Energy Singapore Company Pte. Limited PV modules are being used to power Malaysia’s largest PV power plant. Read more

NRG Energy installs 6MW PV power plant in southern California

Tuesday, 6.17.2014 - 6:25 (PV-Tech)

Renewable energy developer NRG Energy has completed a new 6MW PV facility in Southern California. Read more

SunPower and Admirals Bank roll out US$200 million loan programme

Tuesday, 6.17.2014 - 5:29 (PV-Tech)

Major PV energy provider SunPower and Admirals Bank are to jointly launch a US$200 million loan programme for SunPower residential PV installations over the next two years. Read more

SunPower and Admirals Bank partnership roll out US$200 million loan funding program

Tuesday, 6.17.2014 - 5:15 (PV-Tech)

Major PV energy provider SunPower Corp. and Admirals Bank have introduced a partnership that will issue a US$200 million loan program for SunPower residential PV installations over the next two years. Read more