Uncategorized

Suntech Parent Company Buys Majority Share of US-based Suniva

Shunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming, agreed to acquire a majority share of U.S. solar manufacturer Suniva for $57.8 million.

Shunfeng intends to integrate Suniva’s high-efficiency products into its own and expand into the U.S. market, the Changzhou, China-based company said Thursday in a statement announcing the deal.

Read More
Uncategorized

Suntech Parent Company Buys Majority Share of US-based Suniva

Shunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming, agreed to acquire a majority share of U.S. solar manufacturer Suniva for $57.8 million.

Shunfeng intends to integrate Suniva’s high-efficiency products into its own and expand into the U.S. market, the Changzhou, China-based company said Thursday in a statement announcing the deal.

Read More
Uncategorized

Suntech Parent Company Buys Majority Share of US-based Suniva

Shunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming, agreed to acquire a majority share of U.S. solar manufacturer Suniva for $57.8 million.

Shunfeng intends to integrate Suniva’s high-efficiency products into its own and expand into the U.S. market, the Changzhou, China-based company said Thursday in a statement announcing the deal.

Read More
Uncategorized

Global Renewable Energy Roundup: China, Kenya, Turkey, India Seeking More Renewables

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020.  Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.

China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.

The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.

China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.

Read More
Uncategorized

Global Renewable Energy Roundup: China, Kenya, Turkey, India Seeking More Renewables

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020.  Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.

China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.

The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.

China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.

Read More
Uncategorized

The Importance of “Switching Costs” to the US Residential Solar Industry

The DoE and numerous organizations and governments globally are focused on driving down the cost of solar convinced that lower costs will drive higher deployment. The cost of manufacturing modules and soft costs are in focus as is driving down LCOE.

Switching costs are more difficult to address, however, they are a crucial piece of the residential PV deployment puzzle.

The term “switching costs” refers to the effort or expense or inconvenience or all three required to switch from one product or service to another. The more expensive the cost of the switch in terms of money and inconvenience and the more habits and routines that must change to make the switch the higher the switching costs.

Read More