Germany's Wirsol Solar and Greenpower Capital, through their Japanese JV, have announced the acquisition of a 22 MW utility scale PV installation in Japan. The project was initially developed by Japan's Chikyu Factory Service. The Japanese PV market continues to present opportunities for foreign PV development and financing firms. The latest announcement comes in the form of an acquisition of a project by a ...

Orix Corp., a Japanese finance and leasing company, and Kyudenko Corp. began building a 11.7-megawatt solar power station in southwestern Japan. The project in Fukuoka prefecture is expected to start operations in January 2015, the companies said in a statement today. Tokyo-based Orix and Kyudenko, a Fukuoka-based builder of power transmission and transformation facilities, have been working together to bui ...

The Kedah government plans to turn the state into a solar energy consumer as it is producing solar panels on a large scale, Menteri Besar Datuk Mukhriz Tun Dr Mahathir said Thursday. For a start, the state government would install solar panels on state government buildings in a move to reduce consumption of electricity generated in the conventional way, he said. Mukhriz said Kedah could be regarded as one o ...

Yingli Green Energy Holding Co. (YGE), the world’s largest solar manufacturer, shipped a record number of panels in the second quarter as demand from Asian and U.S. customers increased. Shipments rose 24 percent from the previous quarter, boosting revenue and helping to cut Yingli’s net loss by almost half to $52.3 million, the Baoding, China-based company said today in a statement. Higher selling prices al ...

China is expanding performance-based incentives for distributed solar photovoltaic (PV) projects, according to reports in the Chinese newspaper Xinhua. On Friday, China’s National Development and Reform Commission  said it would implement a new price structure that awards customers about $0.16 per kilowatt-hour (KWh) for electricity produced by distributed solar PV projects. The new price structure will mor ...

Germany's Conergy AG, a leader in Thailand's solar energy industry, has been acquired by Kawa Capital Management Inc in the US. The move is aimed at enhancing Conergy's funding to serve strong demand for the construction of large-scale solar power plants in Southeast Asia. Alexander Lenz, Conergy's president for Asia and the Middle East, said the extended funding capabilities following the takeover will boo ...

Panasonic Corporation today announced the start of full-scale production at its solar module manufacturing factory in Malaysia. The factory produces the company's HIT solar modules which offer the industry's top-class power output, with an annual production capacity of 300 MW. With the factory now operating in full swing, Panasonic will accelerate its efforts to meet the robust solar demand, especially in J ...

Eurus Energy Holdings Corp., a Japanese developer of renewable-power projects, is building a 115-megawatt solar plant in Aomori prefecture in northern Japan. The Tokyo-based company is using solar panels supplied by Mitsubishi Electric Corp. and a Japanese subsidiary of U.S. manufacturer SunPower Corp., Eurus said in a filing yesterday. The plant at Rokkasho will start operations in November 2015, according ...

ReneSola Ltd, a leading brand and technology provider of solar photovoltaic products, today announced it has signed a series of agreements to provide Lightsource Renewable Energy Limited, the largest solar energy generator in the United Kingdom, with 69.5 MW of solar modules for installation on solar farms in the United Kingdom. Once installed, the modules are expected to generate enough clean electricity t ...

A Canadian company, Canadian Solar Inc signed a memorandum of understanding with PT Swadaya Prima Utama to build solar power plant in Indonesia. "It is a great momentum because Indonesia also wants solutions for renewable energy," President Director of Swadaya Prima Utama, M Syafrie Syarief said in Jakarta recently. Production of solar module plant will be suffice renewable energy in Indonesia. The plant wi ...