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President Barack Obama and Prime Minister Naredra Modi during a State Dinner in New Delhi, India, January 25th, 2015. President Obama provided an additional investment commitment of USD 2 billion for renewable energy in India Picture: Official White House Photo by Pete Souza

U.S. Trade and Development Agency commits USD 2 billion for the Indian renewable energy sector

2015-01-27

In a US-India joint statement released on January 26th, 2015, the US reiterated its intent to support India's proposed targets on clean energy and climate change, Bridge to India (New Delhi, India) reports. On clean energy finance, US President Barack Obama provided an additional investment commitment of USD 2 billion for renewable energy in India by the US Trade and Development Agency (USTDA). Read more...

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President Barack Obama and Prime Minister Naredra Modi during a State Dinner in New Delhi, India, January 25th, 2015. President Obama provided an additional investment commitment of USD 2 billion for renewable energy in India Picture: Official White House Photo by Pete Souza

U.S. Trade and Development Agency commits USD 2 billion for the Indian renewable energy sector

2015-01-27

In a US-India joint statement released on January 26th, 2015, the US reiterated its intent to support India's proposed targets on clean energy and climate change, Bridge to India (New Delhi, India) reports. On clean energy finance, US President Barack Obama provided an additional investment commitment of USD 2 billion for renewable energy in India by the US Trade and Development Agency (USTDA). Read more...

SunEdison has recently signed agreements to develop 10 gigawatts of PV capacity in India within the next 5 years

SunEdison CEO joins President Obama, Prime Minister Modi at New Delhi climate talks to discuss how solar helps US-India Trade

2015-01-27

SunEdison, Inc. (Belmont., Calif., US) on January 27th, 2015 announced that Ahmad Chatila, Chief Executive Officer of SunEdison joined President Barack Obama and Prime Minister Narendra Modi of India in New Delhi, India, to discuss the ways that renewable energy can drive US-India trade, provide American jobs, and curb India's greenhouse gas emissions. "It's a great honor to be invited to meet with President Obama and Prime Minister Modi to discuss how renewable energy can benefit the people of both India and America," stated Ahmad Chatila, Chief Executive Officer of SunEdison. Read more...

Abengoa reference PV plant. Atacama 1 PV plant with an installed capacity of 100 MW will consist of 392,000 PV panels

Abengoa celebrates start of construction for Atacama 1: 210 MW PV and CSP plant will become the largest solar complex in Latin America

2015-01-27

Abengoa (Madrid, Spain) on January 26th, 2015 celebrated the start of the construction of a photovoltaic (PV) plant that will be part of the Atacama 1 solar complex, located in the north of Chile (Comuna de María Elena, Segunda Región). The PV project is based in the Atacama Desert, the region with the highest level of solar radiation in the world. Atacama 1 will feature a photovoltaic plant with a capacity of 100 MW and the first solar thermal plant (CSP) in Latin America, with 110 MW of installed capacity and 17.5 hours of thermal storage. Read more...

While there are plans for some large hydropower development in Cameroon, the implementation of solar PV will deliver power on much shorter timelines

PV in Africa: SEFA to support a 72 MW solar photovoltaic plant in Cameroon

2015-01-27

The Sustainable Energy Fund for Africa (SEFA) approved at the end of 2014 a USD 777,000 preparation grant for JCM Greenquest Solar Corporation to support the development of a 72 MW solar photovoltaic (PV) power plant as the first renewable energy Independent Power Producer (IPP) in Cameroon. The SEFA grant will finance environmental and social impact assessments and the cost related to the technical, legal and financial advisory services. Read more...

FPL has identified three uniquely advantaged sites for large-scale solar PV projects equivalent to roughly 45,000 typical residential rooftop systems

FPL announces plans to install more than 1 million solar panels at three additional PV plants in Florida

2015-01-27

Florida Power & Light Company (FPL) on January 26th, 2015 announced details about plans to build substantially more solar photovoltaic (PV) capacity as part of its ongoing strategy of advancing clean energy while keeping electricity affordable for customers. Before the end of 2016, FPL intends to build three new solar PV power plants that are being designed to cost-effectively complement other major system improvements, which include the retirement of some of the company's oldest fossil fuel-burning units. Read more...

ABB will provide expertise and testing equipment to allow accurate outdoor measurement of solar PV systems

Masdar and ABB announce new facility to test solar PV technologies in harsh desert climate

2015-01-27

Masdar and the Masdar Institute of Science and Technology (Abu Dhabi, UAE), an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, and ABB (Zurich, Switzerland), a leading power and automation technology group announced a collaboration agreement to jointly develop a photovoltaic (PV) testing facility located within the Masdar City premises. Read more...

SMA’s Managing Board plans to cut approximately 1,600 full-time positions in all functional areas worldwide by June 30th, 2015

Managing Board of SMA Solar Technology AG anticipates difficult year 2015, plans to cut approximately 1,600 full-time positions

2015-01-27

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is anticipating a difficult fiscal year 2015 and a decline in sales. Against this background, the Managing Board plans to cut approximately 1,600 full-time positions in all functional areas worldwide by June 30th, 2015 based on the total of 4,667 full-time positions (without temporary employees) as of December 31st, 2014. Approximately 1,300 full-time positions in Germany and approximately 300 full-time positions at SMA's international locations are affected. The cutback targets of over 600 full-time positions that were announced last year are included in these figures. Read more...

LG Solar gives a 25 year linear power warranty as standard on all solar modules in the range

LG Solar partners with Edmundson Electrical Greentech on the full range of PV products, service in the UK

2015-01-27

LG Solar, the solar business unit of electronics specialists LG Electronics (Seoul, South Korea), is now selling its solar photovoltaic (PV) products through the Greentech branches of Edmundson Electrical and Electric Center. The Greentech branches will offer the full range of LG Solar PV products, including the MonoX Black 270 Wp, the 280 Wp MonoX as well as the 300 Wp and even 305 Wp MonoX NeON. All products are available as of now. Read more...

PV Salvador power plant is expected to produce approximately 200 gigawatt-hours of solar power per year

Total, SunPower celebrate completion of 70 MW Salvador Solar PV plant in Chile

2015-01-26

Total (Paris, France) and SunPower Corp. (San Jose, CA, US) on January 23rd, 2015 announced the completion of the 70 megawatt PV Salvador solar photovoltaic (PV) project, one of the world's largest operating merchant PV plants. PV Salvador power plant is expected to produce approximately 200 gigawatt-hours of solar power per year, enough to supply electricity to approximately 70,000 households in Chile. Read more...

Q CELLS in Germany will be focused on its core functions: Research & Development, Quality Management, Component Sales and Power Plant Solutions Business

Hanwha SolarOne amends shareholder circular to reflect restructuring of Q Cells; German site will cease production as of March 1st, 2015

2015-01-26

Hanwha SolarOne Co., Ltd. (Shanghai, China), a top-10 global photovoltaic (PV) manufacturer on January 23rd, 2015 announced that it will file with the Securities and Exchange Commission supplemental information to the shareholder circular dated December 24th, 2014 regarding the proposed acquisition of Hanwha Q CELLS Investment Co. The supplement highlights, among other things: Read more...

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