Recent Industry News

SunEdison and TerraForm Power Announce Definitive Agreement to Acquire Vivint Solar for $2.2 Billion

SunEdison to acquire Vivint Solar, to drop down 523 MW rooftop solar portfolio to TerraForm Power Accelerates SunEdison’s expansion to become the leading global residential and commercial solar provider TerraForm Power to acquire 523 MW rooftop solar portfolio with expected unlevered annual CAFD of $81 million, generating attractive 9.5% 10-year average levered cash-on-cash yield Rooftop […]

Schneider Electric ranked third in market share for global central inverters

Schneider Electric™ Solar Business, a global leader in solutions for the solar power conversion chain, is proud to announce that, according to a recent 2014 IHS report, they have been ranked third in market share for global central inverters in revenue terms, representing the highest market share growth in the segment. Schneider Electric achieved this […]

Gintech Energy and Tongwei Group reach a strategic partnership and private placement agreement

Gintech Energy Corporation (“Gintech Energy”, or the “Company”, TWSE: 3514), a global leader in the PV industry, today announced that it has reached a strategic partnership and private placement agreement with Tongwei Group. This agreement leads Gintech Energy and Tongwei Group to expand the solar business globally. Under the agreement, Gintech Energy will offer 50 […]

Fourth major Duke Energy solar facility begins construction in N.C.

Construction has started at Duke Energy’s solar facility at the Marine Corps Base Camp Lejeune in Onslow County, N.C. The 13-megawatt (AC) project is Duke Energy’s first solar facility at a military base. Covering 100 acres, the facility is the largest solar installation on a military base in North Carolina. It will be owned and […]

Offshore Wind Energy Half-Year Figures 2015 in Germany – Expansion on schedule: 1,765 megawatts more on line

In the first half of 2015, another 422 offshore wind turbines, with a combined capacity of 1,765.3 megawatts went on line. Up to 30 June 2015 a total of 668 offshore turbines with an overall capacity of 2,777.8 megawatts fed power into the German grid. With the current offshore wind energy output the system can […]

Canadian Solar announces the Grid Connection of Three Solar Power Plants in Japan

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it completed construction and grid connection of three of its solar photovoltaic (PV) power plants in Japan, with a total of approximately 5.2 MWp, including the 2.2 MWp Tsukuba Stones Solar Power Plant in […]

Radically falling costs put offshore wind on track to become cheaper than gas generation

Statkraft, Europe’s largest generator of renewable energy, welcomes the latest report by BVG Associates, which outlines how advances in technology the supply chain and policy have combined to put the industry on track to become sustainable without financial support from consumers. BVG’s report highlights the costs of offshore wind are starting to fall sharply as […]

Siting wind farms more quickly, cheaply

New model predicts wind speeds more accurately with three months of data than others do with 12. When a power company wants to build a new wind farm, it generally hires a consultant to make wind speed measurements at the proposed site for eight to 12 months. Those measurements are correlated with historical data and […]

Nanowires give ‘solar fuel cell’ efficiency a tenfold boost

A solar cell that produces fuel rather than electricity. Researchers at Eindhoven University of Technology (TU/e) and FOM Foundation today present a very promising prototype of this in the journal Nature Communications. The material gallium phosphide enables their solar cell to produce the clean fuel hydrogen gas from liquid water. Processing the gallium phosphide in […]

Biofuel Trade Organizations Ask for Extension of Advanced Biofuel Tax Incentives

A group of biofuel trade organizations today sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) encouraging extension of critical advanced biofuel tax incentives — the Second Generation Biofuel Producer Tax Credit, the Special Depreciation Allowance for Second Generation Biofuel Plant Property, the Biodiesel and Renewable Diesel […]