News

Yingli Solar Expects Sequential Profit for 2Q

published: 2016-08-09 17:04
Yingli Green Energy (Yingli Solar) has released its unaudited financial results for the second quarter of 2016 on August 8. The company expects to meet a net profit margin of 2.5~3.5% for 2Q16, representing the second sequentially...  more

Canadian Solar Secures PPA for 63MW Mexican Project

published: 2016-08-09 15:00
Canadian Solar has signed a Power Purchase Agreement (PPA) for the 63MWp solar power plant in Aguascalientes, Mexico with the Federal Electricity Commission (Comision Federal de Electricidad, "CFE"). This project was awarded in Ap...  more

Vestas to Supply 160MW Wind Turbines for EDF RE

published: 2016-08-09 14:57
EDF Renewable Energy (EDF RE) has placed a firm order with Vestas Wind Systems A/S to supply 160MW for future wind projects in the United States. The order is part of a global master supply agreement. “Since entering our first mas...  more

Tesla to Buy SolarCity in Q4 for US$2.6 Billion

published: 2016-08-08 18:27
Tesla Motor Inc. on August 1st announced it had reached an agreement to acquire SolarCity in an all-stock offer valued at US$2.6 billion, with approximate US$ 25.37 a share, in Q4. SolarCity shareholders will receive 0.11 s...  more

AGL and Sunverge Launch Solar-integrated Virtual Power Plant

published: 2016-08-08 16:26
Sunverge Energy, a provider of intelligent energy storage systems for residences and small businesses, announced it is partnering with Australia energy retailer AGL and the federal government's Australian Renewable Energy Agency (...  more

Heraeus Photovoltaics Prevails in Taiwan Patent Decision

published: 2016-08-05 21:14
Taiwan Intellectual Property Court confirmed the validity of Heraeus' Taiwan Patent No. I432539 by an interlocutory judgment and dismissed Giga Solar Materials Corporation's invalidity defense. On June 10, 2015, Heraeus fi...  more

Dubai to Promote Sustainable Transportation

published: 2016-08-05 16:33
The Dubai Supreme Council of Energy has adopted a strategy to achieve sustainable development to create a low-carbon economy and promote the use of hybrid cars and electric vehicles. The Supreme Council of Energy asses...  more

Vivint Solar Closes New $313 Million Term Loan Facility

published: 2016-08-05 16:06
Vivint Solar closed a $313 million term loan facility, which refinanced 11 tax equity funds that were part of the company's aggregation facility. The term loan facility provides back-leverage financing for a portfolio of 12 ta...  more