Top Solar News
Displaying results 1 to 10 out of 93
Google’s 1.7 MW PV array in Mountain View, CA

Duke Energy, Google team up on 61 MW solar PV project in North Carolina


In one of the largest solar photovoltaic (PV) projects undertaken in North Carolina, Google will benefit from Duke Energy Carolinas' Green Source Rider program – meeting a portion of the power demand from the company's data center in Lenoir with solar energy. A 61 MW solar photovoltaic (PV) project will be constructed in Rutherford County in Duke Energy Carolinas' service territory. Under a power purchase agreement (PPA) with the Rutherford Farms, LLC, solar project, Duke Energy will secure power to meet new energy demand from Google's expanded data center. Read more...

Trina Solar shipped a record 1.7 GW of PV modules in Q3, 2015

Trina Solar announces Q3 record PV module shipments, decreased operating income


Trina Solar Limited (NYSE: TSL, Changzhou, China) on November 23rd, 2015 announced its unaudited financial results for the third quarter of 2015. Total photovoltaic (PV) module shipments from the Company's manufacturing facilities were 1,703.2 MW, consisting of 1,353.2 MW of external shipments and 350.0 MW of shipments to the Company's own downstream PV power projects. Total module shipments increased 38.3% sequentially and 60.1% year-over-year. Read more...

A total of 50.4 GW of new clean capacity was built in Climatescope countries, marking a 21% uptick from the prior year

Global assessment: Emerging markets topping wealthier nations in clean energy investment


Developing nations eclipsed the world’s wealthiest countries in 2014, attracting more clean energy investment and building more wind, solar, and other renewable power generation than ever before, according to a global assessment released on November 23rd, 2015. “Climatescope,” the clean energy country competitiveness index, interactive report, and online tool supported by the UK government, U.S. government, and the Inter-American Development Bank Group offers a compelling portrait of clean energy activity in 55 emerging markets in Africa, Asia and Latin America and the Caribbean. Read more...

Forecast installation price reduction for a 10 MW/5 MWh battery storage system (USD million), according to IHS. Average li-ion battery prices fell 53 percent, between 2012 and 2015, and by 2019 they are forecast to again decline by half again

IHS: Significant price declines expected to broaden the energy storage market


Commercial energy storage activity is currently consolidated in just a handful of leading regions, but falling system costs will be a major factor enabling broader global market growth, according to IHS Inc. (Englewood, Colorado, U.S.). For the first time, South Korea, Japan and the United States will each exceed a record 100 megawatts (MW) of annual energy storage systems (EES) installations in 2015. These three countries will account for 59 percent of global installations by 2016, but deployment will also increase in other regions in the next five years. Read more...

“Economic potential has more than tripled as a result of cost reductions already realized for renewable generation technologies between 2010 and 2014, particularly for wind and solar PV,” says NREL Energy Analyst Philipp Beiter

NREL report: Renewable energy generation is economically viable in many parts of the United States


Analysts at the U.S. Energy Department's (DOE) National Renewable Energy Laboratory (NREL) are providing, for the first time, a method for measuring the economic potential of renewable energy across the United States. A study applying this new method found that renewable energy generation is economically viable in many parts of the United States largely due to rapidly declining technology costs. Read more...

Hanwha Q CELLS expects to reach 5.2 GW of both cell and module capacity by mid 2016

Hanwha Q CELLS Q3, 2015 results: Gross profit increased by 59.2% sequentially; 805 MW of PV modules shipped


Hanwha Q CELLS Co., Ltd. (Seoul, South Korea) on November 19th, 2015 reported its unaudited financial results for the three months ended September 30th, 2015. The company’s total solar photovoltaic (PV) module shipments were 805 megawatts (MW), an increase of 31.1% quarter-over-quarter. Total shipments include 742 MW of external shipments, 11 MW of OEM and 52 MW of shipments to the Company's own downstream projects. Read more...

For the full year 2015, JinkoSolar updates the guidance of total solar PV module shipments to 4.2 GW to 4.5 GW

JinkoSolar increases revenues by 26.6% compared to the second quarter of 2015


JinkoSolar Holding Co., Ltd. (Shanghai, China) on November 19th, 2015 announced its unaudited financial results for the third quarter ended September 30th, 2015. JinkoSolar shipped solar photovoltaic (PV) modules totaling 1,134.5 MW in the quarter, which includes 70.6 MW earmarked for use in the Company's downstream projects. JinkoSolar’s total revenues were RMB4.1 billion (USD 637.6 million), representing an increase of 26.6% from the second quarter of 2015 and an increase of 58.2% from the third quarter of 2014. Gross margin was 21.3%, compared with 20.7% in the second quarter of 2015 and 20.6% in the third quarter of 2014. Read more...

The Astoria solar power project will utilize 46 GE 1500V PV inverters

Canadian Solar subsidiary closes financing for 100 MW Astoria solar power project


Canadian Solar Inc. (Guelph, Ontario) on November 19th, 2015 announced that its wholly owned subsidiary, Recurrent Energy, closed on a tax equity investment commitment with GE unit GE Energy Financial Services for the 100 megawatt (MWac) Astoria solar photovoltaic (PV) project. The Astoria solar power project, located in Kern County, is expected to reach commercial operation in the fourth quarter of 2016 and will utilize 46 GE 1500V PV inverters. The project is expected to generate enough clean solar energy to power approximately 33,250 homes. Read more...

The solar PV carport with a total capacity of 55 MW will provide parking space for more than 20,000 vehicles at Shanghai Volkswagen’s Ningbo Branch

Risen Energy announces construction of the world’s largest solar PV carport in Hangzhou Bay


The largest solar photovoltaic (PV) carport is under construction in Hangzhou Bay, China, since the first half 2015, Risen Energy Co., Ltd. (Ningbo, China) announced on November 16th, 2015. The first, 20 megawatt (MW), phase of the PV project will use solar modules from Risen Energy. The total capacity will be 55 MW, cover the area of about 20 soccer fields respectively parking space for more than 20,000 vehicles. Read more...

India solar installations. Source: Mercom’s India Solar Market Update, Nov 2015

Solar in India: Mercom forecasts 3.6 GW of installations in 2016


Mercom Capital Group, llc (Austin, Texas, U.S.) in November 2015 released its quarterly update on the Indian solar market. Mercom forecasts about 2,150 MW in solar installations for the 2015 calendar year and expects installations in 2016 to reach approximately 3,645 MW, a significant year-over-year growth. Read more...

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