IHS: Grid-tied storage to double in 2016, to emulate growth of solar
Industry analysts IHS Markit expect the grid-tied energy storage market to double in 2016, from 1.4 GWh to 2.9 GWh. IHS expects on-grid storage capacity to reach 21 GWh by 2025.
TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
SunPower settles Philippines wafer dispute for $50.5 million
In an SEC filing, the PV maker revealed that it has settled a monocrystalline wafer supply dispute with a Philippines subcontractor for a sum of $50.5 million.
SolarWorld to appeal court ruling in $793 million dispute
A U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany.
Hemlock claims $793.5 million in damages from SolarWorld
SolarWorld could face bankruptcy as a result of its polysilicon supply dispute with Hemlock. The U.S. polysilicon supplier is claiming up to $793.5 million in damages, in court documents acquired by Reuters today.
TerraForm adopts shareholder rights plan as Brookfield & Appaloosa attempt takeover
The yieldco’s “poison pill” was created to prevent sale of more than 15% of the company’s class A stock and to keep bidders from blocking the sale of the company.
Greentech Media, GTM Research to be acquired by Verisk Analytics
GTM Research will be folded into energy metal and mining research and consultancy company Wood Mackenzie.
Elon Musk’s master plan promises solar for all
Tesla CEO writes second installment of decade-old master plan, promising solar panels on every house and a battery in every garage.
SunEdison prepares to sell TerraForm Global
The bankrupt renewable energy developer appears to be fishing for bidders for TerraForm Global, as many investors seem to prefer buying pieces instead of the whole SunEdison empire.
IHS forecasts 2.7 GW of new PV in Latin America in 2016
IHS highlights the relevance which public auctions have acquired for the growth of solar PV in Latin America. Argentina is among the new PV markets in the region, where a new renewable energy auction was recently launched with a quota of 300 MW of solar.
