Solar News

Conergy starts construction on Australia’s first grid-connected, utility-scale solar and battery storage project

2016-08-24 |

On August 23rd, 2016, Conergy announced the beginning of the construction of Australia’s first solar and storage project, designed to consistently feed renewable energy into the grid and demonstrate the capability for large-scale solar and storage to provide reliable future power quality and supply at a fringe-of-grid location. The USD 42.5 million project, located off the Mulligan Highway at Lakeland in Far North Queensland, is the Southern Hemisphere’s first integrated solar, storage and fringe-of-grid project of this size and scale, and will demonstrate grid-to-islanding functionality, the company reports. Read more...

 
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The project consists of a 13 MWp/10.8 MWac solar PV array with a 1.4 MW/5.3 MWh Conergy ‘CHESS’ storage solution

Conergy starts construction on Australia’s first grid-connected, utility-scale solar and battery storage project

2016-08-24

On August 23rd, 2016, Conergy announced the beginning of the construction of Australia’s first solar and storage project, designed to consistently feed renewable energy into the grid and demonstrate the capability for large-scale solar and storage to provide reliable future power quality and supply at a fringe-of-grid location. The USD 42.5 million project, located off the Mulligan Highway at Lakeland in Far North Queensland, is the Southern Hemisphere’s first integrated solar, storage and fringe-of-grid project of this size and scale, and will demonstrate grid-to-islanding functionality, the company reports. Read more...

Greensmith energy storage system at Duke Energy’s Beckjord Station in New Richmond, Ohio

Energy Storage: Greensmith partners with E.ON and TEP for a 10 MW project in Arizona

2016-08-24

Greensmith Energy (Herndon, VA, U.S.), a provider of energy storage software and turnkey solutions announced it will partner with E.ON Climate and Renewables and Tucson Electric Power (TEP) to design and deliver a grid-scale energy storage system located at the University of Arizona Science and Technology Park southeast of Tucson. Read more...

The site of the solar PV plant in the Abruzzo region, Italy, was hit by an earthquake in 2009

Quercus supports a 20 MW solar PV plant in an earthquake region in Italy

2016-08-24

Quercus Assets Selection (London, UK), through its subsidiary Lux Renewable Holdings SA, has supported the construction of a 20 MW solar photovoltaic (PV) plant in the town of Celano (in the Abruzzo region, Italy), which was hit by an earthquake in 2009. The PV plant will be producing 28,500 MWh of solar power per annum – enough for on average 10,300 homes. The plant has been granted a subsidised rate as per the second Conto Energia in accordance with the extension granted to support the regions hit by the earthquake. Read more...

Jifan Gao, Chairman and CEO of Trina Solar: “We had another solid quarter with major financial and operational metrics improving across the board”

Trina Solar Q2, 2016 results: 1.7 GW of PV modules shipped, gross margin improved to 18.3%

2016-08-24

Trina Solar Limited (Changzhou, China) on August 23rd, 2016 announced its unaudited financial results for the quarter ended June 30th, 2016. The company shipped solar photovoltaic (PV) modules totaling 1,658.3 MW in the quarter, consisting of 1,619.0 MW of external shipments and 39.3 MW of shipments to the Company's own downstream solar power projects. Read more...

Yingli Solar shipped PV modules totaling 662.0 MW in Q2, 2016

Yingli Solar Q2 results: 662 MW of PV modules shipped; Gross margin slightly decreased

2016-08-24

Yingli Green Energy Holding Company Limited (Baoding, China), known as “Yingli Solar,” on August 23rd, 2016 announced its unaudited consolidated financial results for the quarter ended June 30th, 2016. The company shipped photovoltaic (PV) modules totaling 662.0 MW in the quarter, compared to 508.1 MW in the first quarter of 2016. Yingli Solar’s total net revenues were RMB 2,524.1 million (USD 379.8 million), compared to RMB 2,351.1 million in the first quarter of 2016. Read more...

Hanwha Q CELLS note that the company is adopting into continuously changing PV market environments cost effectively

Hanwha Q CELLS Q2, 2016 results: Gross profit increased by 39%, net income almost tripled

2016-08-24

Hanwha Q CELLS Co., Ltd. (Seoul, South Korea), on August 23rd, 2016 reported its unaudited financial results for the second quarter of 2016. The company’s net revenues were USD 638.0 million, compared with USD 514.9 million in the first quarter of 2016 and USD 338.0 million in the second quarter of 2015. Gross profit was USD 151.2 million, compared with USD 109.0 million in the first quarter of 2016 and USD 58.4 million in the second quarter of 2015. Read more...

The Mustang solar PV project is expected to produce solar power for approximately 45,000 homes

Canadian Solar subsidiary Recurrent Energy announces commercial operation of the 134 MW Mustang PV plant in California

2016-08-24

Canadian Solar Inc. (Guelph, Ontario) on August 23rd, 2016 announced that its wholly owned subsidiary Recurrent Energy (San Francisco, CA, U.S.) has reached commercial operation of the 134 MW (100 MWac) Mustang solar power project in Kings County, California. Read more...

Cumulative utility-scale solar PV installations by continent

Wiki-Solar: Global utility-scale solar PV reaches 75 GW at mid-2016

2016-08-23

End-June 2016 figures herald a 6th consecutive record year for utility-scale solar photovoltaics (PV), according to capacity data released on August 22nd by Wiki-Solar. Wiki-Solar defines ‘utility-scale solar’ as 4 MWAC and above. New PV plants totaling 10 GW have been commissioned so far in 2016, and an installed total of 100 GW might still be achievable by year-end. Read more...

Martifer Solar appraises the merger with Voltalia an opportunity to join a fast-growing group with strong prospects and high ambitions

Voltalia finalises the acquisition of Martifer Solar

2016-08-23

Voltalia (Paris, France), a renewable energy based electricity producer, successfully finalises the acquisition of Martifer Solar (Oliveira de Frades, Portugal), a key player in the global solar power market. First announced on June 20th, 2016, this transaction is part of Voltalia's continued plan to grow through the diversification of its energy mix and its geographic footprint. Read more...

Silver metallization pastes for the solar photovoltaic industry

Capital Gold Group expects demand for silver utilized for solar PV manufacturing to sky-rocket in the next 5 years

2016-08-23

The Capital Gold Group (Los Angeles, CA, U.S.) on August 22nd, 2016 published its internal think tank study, “Sustainability, Solar, and Silver.” The feasibility report by global research associates projects the demand for silver utilized for solar photovoltaic (PV) panel manufacturing to sky-rocket in the next 5 years, driven by sustainability initiatives of multi-national corporations and governments worldwide. Read more...

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