First Solar, Inc. recently announced that current Chief Financial Officer Mark R. Widmar has been appointed Chief Executive Officer, effective July 1, 2016. He will also join the First Solar Board of Directors at that time. As part of a transition plan, Mr. Widmar will succeed James A. Hughes, who plans to step down as Chief […]
Alta Devices Achieves 31.6% Solar Energy Efficiency Record; Changes the Fundamental Economics for Unmanned Aerial Vehicles
With its most recent solar efficiency record of 31.6%, Alta Devices continues to achieve solar efficiencies that are substantially higher than all other commercially available solar technologies.This breakthrough, combined with its unique thinness and flexibility, redefines how solar technology can be used. In particular, Alta’s solar technology is of great interest in the UAV (unmanned […]
Utility-Scale Solar Surpasses Wind in California for First Time in 2015 – Vaisala
Recent analysis from Vaisala, a global leader in environmental and industrial measurement, reveals that in 2015 energy from grid-connected, utility-scale solar plants surpassed wind for the first time in California. While this is an exciting milestone for the solar industry, the rise of solar also brings with it a demand for better forecasting information to […]
Centrotherm photovoltaics takes positive stock of 2015 and starts FY 2016 with good order book position
Centrotherm has exceeded its goal of a breakeven consolidated net result in the 2015 financial year as a consequence of one-off effects. Earnings before interest and tax (EBIT) amounted to EUR 19.0 million (previous year: EUR 19.6 million), equivalent to a 13.7% EBIT margin (previous year: 10.3%). Along with cost-reduction measures that were already launched in 2014, other operating […]
Rays Power Infra forays into north India with Opex Model-Rays Solar Kart
Propagating Renewable Energy usage and roof top Solar PV, Ray Power Infra, one of the leading solar energy company, forays in to north India with its Opex Model-Rays Solar Kart. Supplementing the transformation in the solar energy segment, the brand endorses Roof Top Solar PV in Delhi and Jaipur region to begin with. Inspired by […]
REC Market Trade Report -APRIL 2016
A total of 2.61 lacs RECs were traded in the REC market trading session held at IEX on 27 April, 2016. With April being the first month of FY 2016-17 annual compliance period, the market made a good start since same time last year only about 45,000 RECs were traded. Several Obligated Entities who purchased […]
Saudi Arabia needs billions in investment to meet renewable energy targets
Saudi Arabia will need US$20 billion of investment to meet its renewable energy targets as it looks to diversify its economy away from its dependence on oil by 2020, according to industry experts. Prince Mohammed bin Salman set an “initial target” for the installation of 9.5 gigawatts of renewable energy when he announced Saudi’s National […]
Risen & Chemtech Solar (Italy) Alliance Pushes Deeper into Africa
Risen Energy Co., Ltd, a Tier 1 manufacturer of high-performance solar photovoltaic products, today confirmed the initial dispatch of 11MW to Chemtech Solar as a part of their recent 22MW order for The Republic of Senegal, West Africa. Risen has had the fortune of a strategic partnership with Chemtech Solar in Italy for more than […]
Georgia Power begins construction on new 31 MW on-base solar facility
Leadership from Georgia Power and the Department of the Navy recently joined elected officials, community leaders and other dignitaries at Marine Corps Logistics Base (MCLB) Albany to mark the start of construction for a new 31 megawatt (MW) alternating current (AC) (44 MW direct current) solar generation facility. The MCLB Albany project is the fifth large-scale […]
Mosaic raises $200 Million from DZ BANK and NY Green Bank to Fund Demand for Rapidly Growing Residential Solar in the US
Mosaic, the leading provider of affordable solar financing solutions for homeowners, recently announced the closing of an up to $200 million warehouse facility with Germany’s DZ BANK acting as administrative agent and lead lender. NY Green Bank is participating in the syndicate to further expand residential solar opportunities within New York State. Guggenheim Securities, LLC acted […]