Monthly Archives: March 2015

GE Energy Financial Services and Pacifico Energy to develop 96.2MW plant in Japan

GE Energy Financial Services and Pacifico Energy — the latter being a subsidiary of Virginia Solar Group — have agreed to a partnership for a third time, teaming up to develop a solar power project in Japan. …read more

Hanergy to Hanergy sales still dominate

Hanergy Thin Film Power (Hanergy TF) remained highly dependent on parent company Hanergy Holding Group for revenue in 2014, gaining revenue for the sales of a small number of PV plants and limited revenue from thin-film sales to IKEA that were outside group transactions. …read more

REC to provide solar panels for TEP’s residential solar program

Solar energy solutions provider REC Group has reached a deal with Tucson Electric Power (TEP) as the new exclusive solar panel supplier for the local utility’s TEP Residential Solar Program. …read more

The Global Solar PV Market Hit 177GW in 2014, A Tenfold Increase From 2008

By the end of 2014, total installed capacity for solar PV globally amount to at least 177 gigawatts, up from nearly 140 gigawatts in 2013, according to the International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS). Countries in the IEA-PVPS network that are engaged in collaborative efforts to grow the PV market reported 155 gigawatts

Comtec Solar takes wafer revenue hit from SunPower

Monocrystalline wafer producer Comtec Solar Systems Group reported a 20% revenue drop from the sale of 125mm x 125mm monocrystalline solar wafers, primarily to its largest customer, SunPower in 2014. …read more

Solar Firms Join Smart Home Vendors in the Quest to Be Full-Service Energy Providers

It’s no surprise that many leading manufacturers of everyday home devices have teamed up with Nest Labs. From LG and Whirlpool to Philips and Lutron, there is no shortage of emerging ecosystems around smart home and energy use, and Nest’s developer program is certainly one of the most popular. Enphase, the leading microinverter firm, has

Canadian Solar completes US$265 million Recurrent Energy acquisition

Canadian Solar has completed its US$265 million acquisition of Sharp’s solar energy developer Recurrent Energy and enacted a shake-up of its senior management team. …read more

Burundi set to follow Rwanda’s lead with 7.5MW PV power plant

Gigawatt Global, the solar and social development company responsible for developing Rwanda’s first utility-scale PV power plant, has been awarded two grants to develop a solar project in neighbouring Burundi. …read more