News

Xi’an Substation Exploded, LONGi Remains Completely Intact

published: 2016-06-20 17:27

A substation in Xi’an City, Shaanxi Province, China exploded around mid-night on June 18, damaging several local semiconductor manufacturing plants. Fortunately, LONGi, a Xi’an-based first-tier solar PV maker, remained comp... more

EDF EN Canada and MD1 Wind LP Dedicate the Mont Rothery Wind Project

published: 2016-06-20 15:37

EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, and MD1 Wind LP, a limited partnership formed by a consortium of four affiliated entities of the Desjardins Group (Desjardins), including Desjardins Group Pension Plan, a... more

GCL System Integration to Raise RMB3.4 Billion for High-Efficiency PV Cells and Energy Storage Systems

published: 2016-06-17 18:16

GCL System Integration Technology Co., Ltd. (GCLSI), a China-based vertically integrated solar PV solution supplier, announced on June 15 to raise up to RMB3.35 billion through offering private placement of at most 700,000,... more

BMW’s New Plant in Mexico Targeting 100% Renewable Energy Powered

published: 2016-06-17 16:27

BMW Group broke ground on the construction of its new plant in Mexico on July 16. The new plant is set to be completed in 2019 for production of BMW 3 Series Sedan. The Mexico plant will also be BMW’s “greenest” manufacturi... more

Trina Solar’s CFO Resigned

published: 2016-06-17 15:52

Trina Solar released a sudden acceptance of the resignation of its chief financial officer, Ms. Teresa Tan, who is to pursue other personal interest. The resignation will be effective on July 15, 2016. Tan occupied as Trina’s CFO ... more

SolarCity Opens New Operation Center in Maryland

published: 2016-06-17 15:36

SolarCity is expanding its Maryland operations with a new 20,000 square foot operations center in Upper Marlboro. The new operations center—SolarCity's fifth in Maryland—brings new jobs to the area and allows the c... more

D. E. Shaw Renewable Investments to Acquire Solar Project from First Solar

published: 2016-06-17 15:21

D. E. Shaw Renewable Investments, L.L.C. (DESRI) announced the acquisition of the Portal Ridge solar project from First Solar, Inc. Portal Ridge is a 31 MWac solar facility located in Lancaster, California, with 20-year power purc... more

Alterra Power Acquires 200MW Flat Top Wind Development Project

published: 2016-06-17 15:11

Alterra Power Corp. (Alterra) announced the acquisition of the Flat Top wind project, a 200MW wind farm under development in Comanche County and Mills County, Texas. Concurrently with closing, Alterra placed a US$1.6 million secur... more

BlackRock Purchases 50% Interest in GE’s 211MW Wind Project

published: 2016-06-17 15:08

BlackRock Real Assets has entered into an agreement to purchase GE Energy Financial Services’ 50% interest in the Grandview wind project (Grandview). Grandview is now jointly owned by BlackRock and E.ON Climate and Renewables Nort... more

Germany Passes Reform of Renewable Enerrgy Source Act, FiT Subsidy to Phased out

published: 2016-06-16 18:29

German government officially passed the Renewable Energy Source Act (RESA) reform. In the future, it will terminate electricity generation Feed-in Tariffs (FiT) subsidy for large-scale solar and wind projects. German govern... more

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