Solar goes corporate: the rise of the bilateral PPA
PV power plants: Corporations want in on the falling costs and predictable prices of wind and solar. Bilateral power purchase agreements have emerged as one new business model among several that businesses are employing as they get serious about renewable energy, both in the United States and abroad.
SMA surpasses 10 GW of inverters installed in North America
The German inverter manufacturer has reached the impressive landmark of installing 10 GW of solar inverters across North America, after an incredible installed capacity increase of 33% in less than a year, all the while Chinese competitors challenge its market share supremacy.
IdeemaTec Wins Tracker Projects in U.S. Southeast
IdeemaTec, the Wallerfing, Germany-based tracker manufacturer, announced at SPI that it has won new projects in Georgia and Tennessee following the opening of its first U.S. office in Charlotte, in July.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
Renewables comprised 15% of Mexico’s electricity generation in 2015
Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.
North American leaders to set out target of 50% “clean” electricity by 2025
Obama, Trudeau and Peña Nieto will be presenting the target, which will include nuclear and carbon capture and storage, at a summit of the three leaders.
