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Elkem Group intends to acquire the integrated PV player REC Solar ASA

REC Solar ASA announces to sell its business to Hong Kong based Elkem Group

2014-11-24

REC Solar ASA (Oslo, Norway), acting through a subsidiary, has reached an agreement with Bluestar Elkem Investment Co. Ltd. (Hong Kong, China), whereby Bluestar Elkem will purchase 100% of the shares in a Luxembourg company (to be established) which will own REC Solar Holdings AS and all of the assets and liabilities of REC Solar at a cash purchase price equal to NOK 108.50 per share in REC Solar. The total cash consideration is NOK 4,340 million (approx. USD 640 million). The Transaction is subject to approval by an extraordinary general meeting of REC Solar, expected to be held no later than January 16th, 2015. Read more...

Displaying results 1 to 1 out of 515
 
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Elkem Group intends to acquire the integrated PV player REC Solar ASA

REC Solar ASA announces to sell its business to Hong Kong based Elkem Group

2014-11-24

REC Solar ASA (Oslo, Norway), acting through a subsidiary, has reached an agreement with Bluestar Elkem Investment Co. Ltd. (Hong Kong, China), whereby Bluestar Elkem will purchase 100% of the shares in a Luxembourg company (to be established) which will own REC Solar Holdings AS and all of the assets and liabilities of REC Solar at a cash purchase price equal to NOK 108.50 per share in REC Solar. The total cash consideration is NOK 4,340 million (approx. USD 640 million). The Transaction is subject to approval by an extraordinary general meeting of REC Solar, expected to be held no later than January 16th, 2015. Read more...

Since 2013 SolarCity has installed nearly 50 solar PV projects for Walmart

Walmart announces up to 400 new solar PV projects in the U.S.; SolarCity, SunEdison awarded contracts

2014-11-24

Walmart (Bentonville, Arkansas, US) on November 20th, 2014 announced, the company will install up to 400 new solar photovoltaic (PV) projects at facilities across the United States over the next four years. This advances the company’s global commitment to drive the production or procurement of seven billion kWh of renewable energy by the end of 2020 and its goal to be supplied by 100 percent renewable energy. To facilitate these installations, Walmart selected proposals from two preferred solar energy providers, SolarCity and SunEdison, following an RFP process. Read more...

Mission Solar Energy has ordered an InPassion ALD system by SoLayTec

PV production: SoLayTec sells first ALD machine in the U.S. market

2014-11-24

US based Mission Solar Energy has ordered an InPassion ALD for its high efficiency n-type silicon bifacial solar cell line, SoLayTec (Eindhoven, The Netherlands) announces. With this order the company enters the U.S. market. Read more...

LG Chem supplied lithium-ion batteries for the EES of a PV plant by Akuo Energy

LG Chem and Siemens to collaborate closer on battery storage systems

2014-11-24

LG Chem (Seoul, Korea) and Siemens (Berlin and Munich, Germany) have agreed to collaborate more closely on project development and marketing of industrial battery storage systems, and have signed a memorandum of understanding to this effect. With this collaboration, the companies are responding to the growing demand for energy storage systems (ESS), which are needed more and more to stabilize distribution grids. Read more...

The first project is called SaCaSol I C/D involves the expansion of the Philippines’ first large solar PV plant SaCaSol I A/B (pictured) located close to the port of San Carlos City

Conergy to build solar PV plants totaling 41 MW in the Philippines

2014-11-24

Conergy (Hamburg) on November 25th, 2014 announced that it will build two new solar photovoltaic (PV) plants totaling 41 MWp in the Philippines. The PV new projects bring Conergy’s total contracted volume in the fast-growing Asian market to 73 MWp. The new PV plants will be built on the island of Negros for San Carlos Solar Energy Inc. (SaCaSol), a joint venture between European-based investment and advisory firm, ThomasLloyd and Bronzeoak Philippines. Read more...

Hanwha SolarOne manufacturing site. The company will expand cell and module capacities to at least 1.5 GW and 2.0 GW, respectively by the end of 2014

Hanwha SolarOne reports Q3, 2014 results: PV module shipments increased by 17.4% and revenues up 5.5% y/y

2014-11-24

Hanwha SolarOne Co., Ltd. (Shanghai, China) on November 21st, 2014 reported its unaudited financial results for the three months ended September 30th, 2014. Total net revenues were RMB 1,198.0 million (USD 195.2 million), an increase of 8.2% from RMB 1,107.3 million in Q2, 2014, and an increase of 5.5% from RMB 1,135.1 million in Q3, 2013. The increase in total net revenues in 3Q14 compared with 2Q14 was primarily due to higher shipments. Module processing services accounted for approximately 10% of revenues, the company reports. Gross margin was positive 6.8%, compared with positive 9.5% in Q2, 2014 and positive 5.1% in Q3, 2013. The decline in gross margins is the result of lower average selling price, Hanwha SolarOne notes. Read more...

To achieve reliability, affordability, and cleaner power all at the same time, SCE is experimenting with different mixes of traditional and renewable power

SCE seeks new clean power resources including PV, wind to support innovative Orange County reliability pilot project

2014-11-24

Southern California Edison (SCE, Rosemead, California, US) has launched a Request for Offers (RFO) to acquire electricity from new renewable distributed generating facilities. The RFO was launched to support SCE’s Preferred Resources Pilot (PRP) in central and south Orange County and is seeking up to 50 megawatt of renewable power. Read more...

The Verification provides dependable evidence of the environmental benefits of Trina Solar's products

Trina Solar receives carbon footprint verification for solar PV modules from British Standards Institution

2014-11-24

Trina Solar Limited (Changzhou, China) on November 21st, 2014 announced it obtained Carbon Footprint Verification for the Company's solar photovoltaic (PV) modules from the British Standards Institution (BSI), a leading international standards and certification body. “We are pleased to once again receive the Carbon Footprint Verification for our solar PV modules,” said Jifan Gao, CEO and Chairman of Trina Solar. Read more...

The U.S. is home to more than 35 million residential and commercial rooftops that could host solar PV panels, and it has enough technical potential to meet country’s energy needs 100 times over. Image: Black & Veatch; Brightergy

New report: Solar PV in the U.S. has enough technical potential to meet the country’s energy needs 100 times over

2014-11-21

According to a new report by the Environment America Research & Policy Center (Boston, MA, US) solar power is growing so fast across the U.S. that goals once considered ambitious are now seen as readily achievable. “We can get to 10 percent solar by 2030 if we just keep our foot on the accelerator,” said Rob Sargent, Energy Program Director for Environment America and co-author of the report. “That’s a small fraction of what’s possible, but it will make a big difference in the quality of our lives and our children’s future.” Read more...

Mercom forecasts approx. 1.8 GW of PV installations in India in 2015

Cumulative solar Installations in India reach 3 GW; Mercom forecasts installations to double in 2015

2014-11-21

Mercom Capital Group (Austin, Texas, U.S.) released its quarterly update on the Indian solar market and reports that cumulative solar photovoltaic (PV) installations in India crossed the 3 GW mark with 734 MW installed so far this year. However, 2014 will be a disappointment with calendar year installations forecasted at about 800 MW, a 20 percent drop year-over-year, Mercom notes. Read more...

Displaying results 1 to 10 out of 515