News

Santa Monica Passes New Solar Law for New Construction

published: 2016-05-05 18:09

The City Council of Santa Monica, California, voted last week to pass a new law requiring rooftop solar systems for all new buildings in the City of Santa Monica – both residential and commercial. The law turned effective the last... more

Phoenix Solar Gains Revenue through Power Plants

published: 2016-05-05 16:56

Phoenix Solar AG announced the financial results for the first quarter of 2016. The Power Plants segment accounted for 88.9% of the consolidated revenues and brought a revenue jump by over 100% annually. In the first three months ... more

SolarReserve, Shenhua Group Partner for 1GW of Solar Projects in China

published: 2016-05-05 16:25

SolarReserve, LLC, a global developer of utility-scale solar power projects with solar thermal energy storage technology, and Shenhua Group Corporation, China’s state-owned enterprise, signed a Memorandum of Understanding (... more

SunPower to Build PV Project for California Department of Water Resources

published: 2016-05-05 15:57

The California Department of Water Resources (DWR) has decided to reduce its greenhouse gas emissions 80% below 1990 levels, and purchasing electricity generated from solar PV projects is one of its measures. SunPower has started ... more

REC Silicon to Restart FBR Production

published: 2016-05-04 18:14

REC Silicon ASA unveiled the financial results for the first quarter of 2016 along with an announcement of to restart FBR production this year. At full utilization rate, FBR’s cash cost could be reduced to as low as near US$... more

Tainergy’s Expansion Boosts its Cell Capacity to 600MW in Vietnam

published: 2016-05-04 18:03

Tainergy, a Taiwanese PV cell maker, has raised funds of NTD 693 million to invest in new production lines in Vietnam. Once the production lines are built, Tainergy’s global capacity will reach 1GW. Currently, Tainergy’s cell capa... more

SunPower Starts Construction on PV Systems for Public Facilities in Santa Clara

published: 2016-05-04 17:40

SunPower announced the beginning of the construction of six solar power systems, totaling 11.4MWdc, for powering public facilities operated by the County of Santa Clara, California. The systems are expected to become operational b... more

GSSG Solar Ready to Build PV Power Plant in Japan, 47MW

published: 2016-05-04 17:24

GSSG Solar, LLC announced the financial close and ground-breaking of its initial mega-solar project in Japan. The 47 MW solar project will be built in the Nagano Prefecture of Japan and will sell power to Chubu Electric Power Comp... more

Standard Solar Completes Largest Rooftop PV Installation in Virginia

published: 2016-05-04 17:16

Standard Solar has completed the installation of a 1MWdc rooftop solar array at Western Branch High School in Chesapeake, Virginia, marking the largest rooftop PV project in the state. Dominion Virginia Power, a subsidiary ... more

SolarCity Secures US$227 Million Cash Equity Financing

published: 2016-05-04 16:55

SolarCity has completed its first cash equity transaction with partner John Hancock Financial. John Hancock is investing $227 million in a diversified portfolio of residential, commercial and industrial solar power projects that c... more

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