Tag: News
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Solar Power Inc., Vision Edge Limited reach $40 million purchase agreement
Solar Power, Inc. (SPI), a vertically integrated PV developer, entered into a convertible promissory note purchase agreement and an option agreement with Vision Edge Limited relating to a new private placement of up to $40 million. According to the agreements, Vision Edge agreed to purchase a principal amount of $20 million of convertibleRead More — Solar Builder magazine
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Hawaii commits to 100 percent renewable energy by 2045
Hawaii enacted a law this week that requires all of the state’s electricity to be produced from renewable energy sources no later than 2045. The new policy, Act 97, makes Hawaii the first state in the nation to adopt a 100 percent renewable requirement, further solidifying Hawaii’s role as aRead More — Solar Builder magazine
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Solar theft on the rise in Germany
As the solar market begins to boom across the globe, the industry is starting to draw interest from all sorts of new people and organizations. An unfortunate byproduct of this new value is of course an increased potential for crime. According to the Financial Times, solar theft is starting toRead More — Solar Builder magazine
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Canadian Solar offers new warranty on polycrystalline, diamond modules
Canadian Solar Inc., one of the world’s largest solar power companies, is offering a new upgraded warranty on its polycrystalline PV modules by guaranteeing a lower first year power output degradation, less than 2.5%. This is in contrast to the industry standard of 3% degradation during the first year. All Canadian SolarRead More — Solar Builder magazine
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Minnesota city to be 100 percent solar powered
In what some would consider an unlikely place, Cologne, Minn., has signed a contract to power up to 100 percent of its city facilities’ energy needs from Community Solar. The energy will be generated by over 2,700 solar panels in SunShare‘s solar gardens currently under development through the Xcel Energy’s SolarRewardsRead More — Solar Builder magazine