Shunfeng secures US$3.25 billion line of credit

Friday, 8.15.2014 - 17:36 (PV-Tech)

Shunfeng Photovoltaic International has secured a RMB20 billion (US$3.25 billion) line of credit. Read more

SMA supplies system technology for world's largest PV-diesel hybrid power plant with battery storage system

Friday, 8.15.2014 - 8:59 (Solarserver)

The world's largest PV-diesel hybrid power plant with battery storage system is currently being built in the Bolivian province of Pando. SMA Solar Technology AG (SMA, Niestetal, Germany) is not only supplying photovoltaic (PV) inverters for this project, but is also providing an SMA Fuel Save Controller for demand-driven control of solar power feed-in, as well as four newly developed inverters for large-scale battery storage systems that use lithium-ion technology. Read more

PV microinverter maker Enphase Energy joins forces with YHI New Zealand, announces pricing of public offering of common stock

Friday, 8.15.2014 - 8:53 (Solarserver)

Enphase Energy Inc. (Petaluma, Calif., US), a manufacturer of solar photovoltaic (PV) microinverters, on August 13th, 2014 announced it has partnered with YHI (New Zealand) Ltd. to distribute its microinverter-based solar photovoltaic (PV) system to the New Zealand solar installer community. YHI will ship Enphase’s products from six warehouses throughout New Zealand. On August 14, 2014 Enphase Energy, Inc. also announced the pricing of the previously announced underwritten public offering of 3,216,540 shares of its common stock at USAD 10.50 per share. Read more

Hanwha Q CELLS Completes 13.3 MW Solar Power Plant in Portugal

Friday, 8.15.2014 - 19:27 (Renewable Energy World)

Hanwha Q CELLS announced that it has completed its first solar park in Portugal as engineering, procurement and construction provider (EPC). The installation in the municipality of Montijo (South-East of Lisbon) features around 51,000 of Q CELLS modules and was fully connected to the grid as of May 2014. Read more

Australian utility targets solar users with AU$500 daily charge for meter readings

Friday, 8.15.2014 - 14:21 (PV-Tech)

Businesses in Queensland are set to face a steep hike in electricity service charges of up to AU$500 a day. Read more

US project delays behind Phoenix Solar’s plummeting revenues

Friday, 8.15.2014 - 13:49 (PV-Tech)

German PV system integrator, Phoenix Solar, has reported a massive 81% drop in revenues in the first half of 2014. Read more

Online comparison tool for utility solar deals launched

Friday, 8.15.2014 - 13:15 (Solarpowerportal)

A new online comparison tool has just been launched to help solar power generators gain the best deal. Read more

UK climbs to fifth in utility-scale solar market league table

Friday, 8.15.2014 - 13:04 (Solarpowerportal)

The UK is now the world’s fifth largest utility-scale solar market, according to figures published by Wiki-Solar. Read more

UK takes fifth place in utility-scale PV league table

Friday, 8.15.2014 - 13:00 (PV-Tech)

The UK is now the world’s fifth largest utility-scale solar market, according to figures published by Wiki-Solar. Read more

China granted more time to find US solar trade deal

Friday, 8.15.2014 - 12:26 (PV-Tech)

The Chinese government has been granted additional time in which to submit proposals for a settlement in the ongoing solar trade dispute with the US. Read more

Recom to build 500MW factory in Italy

Friday, 8.15.2014 - 12:17 (PV-Tech)

Greek solar panel manufacturer, Recom is to start module production in Europe. Read more

China to close polysilicon import loophole from end of month

Friday, 8.15.2014 - 11:57 (PV-Tech)

China’s Ministry of Commerce is to ban the import of tariff-dodging solar-grade polysilicon from the 1 September. Read more

Phoenix Solar AG publishes H1, 2014 results: Revenue decreased by 82.4 percent

Friday, 8.15.2014 - 10:28 (Solarserver)

Phoenix Solar AG (Sulzemoos, Germany), an international photovoltaic system integrator that is listed on the Prime Standard of the Frankfurt Stock Exchange, has presented its report on the first half of the 2014 financial year on August 14th, 2014. Phoenix Solar revenues dropped to EUR 12.1 million (H1/2013: 68.4 million). While the revenue for the first quarter still had been in line with the company’s expectations, the figure for the second quarter and the first half year as a whole is below planning. Read more

Alabama steel manufacturing company goes off the grid with a solar PV system

Friday, 8.15.2014 - 10:23 (Solarserver)

Facing rising energy costs and increased power demand from their steel manufacturing and fabrication plants, Apel Steel Corporation in Cullman, Alabama contracted ACE, LLC SOLAR to move them off-grid with a solar photovoltaic (PV) generating system. The 340kW system was designed and developed to generate 470,213 kWh of AC electrical power annually to meet 98% of the energy requirements for the heavy machinery and plant operations and is expected to save Apel Steel more than USD 3,000,000 on its electric bills over the 30-year life expectancy of the system, Solar FlexRack a division of Northern States Metals, reports. Read more

Recom Solar AG launches PV module production in Europe

Friday, 8.15.2014 - 9:37 (Solarserver)

Recom AG (Athens, Greece) announced that the company will begin solar photovoltaic (PV) module production in Europe by September 1st, 2014. Manufacturing capacity in Italy will be continuously increasing between September and December 2014, and is scheduled to exceed 500MW. Since the modules will be manufactured in Europe, customers will be receiving orders faster than ever before, the company, which so far solely manufactured modules in Malaysia, emphasizes. Read more

Community energy sector working with FCA to unblock registration issues

Friday, 8.15.2014 - 18:15 (Solarpowerportal)

The community energy sector has been in talks with the Financial Conduct Authority (FCA) over a recent spate of refusals for new applications. Read more

Could Africa be the Global Epicenter of Renewable Energy by 2030?

Friday, 8.15.2014 - 15:18 (Renewable Energy World)

Today, headlines like “Africa Rising” and “Africa Ascending” are often used around the world to describe the unprecedented transformation and steady economic growth on the continent. Over the past 12 months, I have attended several conferences in Africa and other parts of the world where this theme has been sounded. The promising economic prospects for sub-Saharan Africa is also highlighted in the Africa Progress Panel 2014 report titled, Grain, Fish Money – Financing Africa’s Green and Blue Revolutions. Read more

CBD Energy acquires equity interest in Thai Environmental Engineering Group, secures additional 100MW PV project pipeline

Friday, 8.15.2014 - 10:30 (Solarserver)

CBD Energy Limited (Sydney, Australia), a global provider of solar photovoltaic (PV) systems, has entered into an agreement with Environmental Engineering Group Thailand (EEG) to acquire 30 percent of the company. As part of the transaction CBD intends to grant EEG a sub-license to utilize the Westinghouse Solar brand in Thailand. The company has developed a unique market position with an attractive model for commercial solar rooftops which is supported by a partnering agreement with the Government owned Provincial Electricity Authority’s renewable energy subsidiary PEA ENCOM. Read more