Recent Industry News

Google executes $145 Million Investment in SunEdison and Teraform Power’s largest Solar Plant in North America

Permanent Lenders in Southern California’s 82 Megawatt (MW) DC Regulus Plant Include Prudential Capital Group and Santander Bank, N.A. SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced that Google Inc. (NASDAQ: GOOG) has agreed to provide $145 million in equity financing for the Regulus solar […]

SolarCity Launches Baltimore County Operations Center

Company seeking to fill 70 job openings across the state SolarCity® (Nasdaq:SCTY) is expanding in Maryland with a new 10,000-square-foot Baltimore County Operations Center in Hunt Valley. SolarCity, the nation’s #1 solar power provider, makes it possible for many Maryland homeowners to install solar panels for free and pay less for solar electricity than they […]

FuelCell Energy Announces Agreement to Sell University Fuel Cell Project to NRG Energy

NRG Energy has entered into an agreement to purchase FCE’s previously announced 1.4 megawatt fuel cell power plant project at University of Bridgeport NRG Energy will acquire long-term power purchase agreement for clean and efficient distributed power generation with predictable cash flows FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and […]

EDF EN Canada Divests Position in Saint-Robert-Bellarmin Wind Project

EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles Group, announced today that Fiera Axium Infrastructure Canada II L.P. and Régime de rentes du Mouvement Desjardins along with entities of Desjardins Group have closed on an agreement to acquire a 30% interest in the Saint-Robert-Bellarmin Wind Project. Located in the municipality of Saint-Robert-Bellarmin, Quebec […]

ACCIONA will double its electricity supplies to Metro de Madrid in 2015

The contract represents 19.8 million euros. Next year ACCIONA Energía will double its supplies of electricity to Metro de Madrid after being awarded 46% of the total energy put out to tender by the city’s transport company for 2015, for a sum of 19.8 million euros. Through its subsidiary ACCIONA Green Energy Developments, the company […]

Canadian Solar Partners with Sichuan Development to Launch Solar Investment Fund in China

Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that a wholly owned subsidiary of the Company has entered into an agreement with Sichuan Development Investment Management Ltd. (“Sichuan Development”) to establish an investment fund to finance the development, construction and ownership of solar […]

Storm Warning for the Italian Photovoltaic Sector

Italy recently adopted a new Decree-Law introducing a number of retroactive measures that will harm the photovoltaic (PV) sector as well as the image of Europe, and Italy in particular, as a place for safe investments. The Italian Senate adopted on 07 August 2014 a Decree-Law that introduces significant retroactive cuts of the guaranteed Feed-in […]

MRCs La Matapedia and La Mitis Acquire a Portion of the Lac-Alfred Wind Project

EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, has sold 12.5% of their ownership stake in the 300 megawatt (MW) Lac-Alfred Wind Project to the MRCs of La Matapédia and La Mitis. Enbridge Inc. and EDF EN Canada became co-owners of the project in November 2011. Following this transaction, Enbridge maintains its 50% […]

Tufts University selects MBE Systems to develop Semiconductor Devices for Solar and Electronic Applications

Veeco Instruments Inc. (Nasdaq: VECO) announced today that Tufts University in Medford, Massachusetts has ordered two GENxplor™ R&D Molecular Beam Epitaxy (MBE) Systems for cutting-edge compound semiconductor research. These systems were purchased in part by a grant from the National Science Foundation (NSF) and will be the basis for a new Epitaxial Core Laboratory in […]

FuelCell Energy Reports Third Quarter 2014 Results and Business Highlights

NRG Energy equity investment and $40 million committed capital for project financing further validate fuel cell value proposition Sales mix and cost reductions supporting increasing gross margin Carbon capture and distributed hydrogen progressing towards commercialization Service backlog exceeds $200 million for first time, providing recurring revenue stream and supporting long term customer relationships FuelCell Energy, […]