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Grid Expansion: ABB develops record cable system

Zurich, Switzerland - ABB, one of the leading power and automation technology groups, has successfully developed and tested a 525 kilovolt (kV) extruded high-voltage direct current (HVDC) cable system to make renewable energy installations more efficient and cost-effective.

Suntech Power Holdings provides update with respect to restructuring in Europe

George Town, Cayman Islands - Suntech Power Holdings Co., Ltd. announced that the Schaffhausen Cantonal Court's order of July 16, 2014, approving the Dividend Agreement to resolve the creditor claims of Suntech Power International Ltd. ("SPI") became effective as of August 8, 2014.

South Africa, Ethiopia and Kenya lead renewables spurt in Africa

London, UK / New York, USA – Sub-Saharan Africa is emerging as one of the most exciting new markets for renewable energy technologies such as onshore wind, small-scale and utility-scale solar and geothermal power, according to research company Bloomberg New Energy Finance. Its latest analysis suggests that 1,800 Megawatt (MW) of renewable power capacity, excluding large hydro-electric projects, will be commissioned in the region in 2014. That is still small by world standards, but it is more than the amount that came online in the entire 2000-13 period.

Siemens receives order for 67 wind turbines for Dudgeon offshore wind power plant

Munich, Germany - Siemens Energy has received an order from the Norwegian energy utilities Statoil and Statkraft for the “Dudgeon Offshore Wind Farm” in the UK. Siemens will manufacture, deliver, install and commission 67 Siemens direct-drive wind turbines rated at 6 megawatts (MW) each and equipped with a 154-meter rotor. Installation will start in early 2017.

Company profile Record: In 2013 global CO2 emissions exceed 35 billion tonnes for the first time

Muenster, Germany – In 2013 global CO2 emissions hit a new record level again, which means, that the growth trend continues undamped. A trend reversal is not in sight.

Company profile 300,000 Bloomberg subscribers can follow RENIXX World

Münster, Germany - The world's largest providers of financial information are Thomson Reuters and Bloomberg. Together, they have a market share of 60 percent. Now, the global RENIXX World Industrial Index published by IWR, a renewable energy institute, can be called up via both Reuters and Bloomberg terminals. Not only the RENIXX, but also renewables as an asset class are enjoying increasing popularity throughout the world.

Jinkosolar increases net income significantly

Shanghai - Jinkosolar Holding Co., Ltd. announced its unaudited financial results for the second quarter ended June 30, 2014.

Sunpower starts new leasing program in Australia

San Jose, USA / Melbourne - Sunpower Corp. has launched Sunpower® Choice, a new pilot leasing program to help residential customers in Melbourne, Australia, finance a Sunpower solar system for no money down.

Green Plains announces share repurchase program and doubles cash dividend

Omaha, USA - Green Plains Inc. announced that its Board of Directors has approved a share repurchase program of up to $100 million of the Company's shares of common stock effective immediately.

ABB to provide UK grid connection for Europe’s largest tidal energy project

Zurich, Switzerland – ABB has been awarded a contract by Atlantis Resources Limited to provide the onshore grid connection for Phase I of the MeyGen tidal stream project in Scotland’s Pentland Firth.

Canadian Solar reports second quarter 2014 results

Guelph, Canada/ Münster, Germany – Today, Canadian Solar announced its financial results for the second quarter. Compared to other solar companies, they have a positive balance. The outlook makes them confident. The producer of PV cells and modules clearly increased its sales volume in the second quarter and has a positive development in its sales and profit.

Company profile Nordex growing with significantly improved profitability in H1/2014

Hamburg, Germany - In the first six months of the current year, the Nordex Group achieved a 23.4 percent increase in sales to EUR 815.4 million (H1/2013: EUR 660.6 million). Consolidated operating earnings rose by 147 percent to EUR 37.1 million (H1/2013: EUR 15.0 million), equivalent to an EBIT margin of 4.5% (H1/2013: 2.2%). This performance was particularly driven by economies of scale. At the same time, Nordex was able to lower its structural costs again. Consolidated net profit rose to EUR 16.5 million (H1/2013: EUR 1.3 million).

Start of construction for new hydropower plant in Iowa

Iowa-USA- There are nearly about 80,000 non-powered dams in the US. In a few years, one of them will produce electricity for about 18,000 homes. Voith Hydro received the contract to supply the dam with two vertical Kaplan type turbines with generators and automation systems. During construction of the hydroelectric plant the Red Rock Tailwater area will be closed.

EIB financially supports projects of Eskom and DBSA in the Northern Cape

Bruxelles, Belgium - Europe’s long-term lending institution, the European Investment Bank (EIB) and Eskom have agreed a new 75 million Euro (R1.1 billion) finance contract to support Eskom’s 100MW Concentrating Solar Power (CSP) plant close to Upington. There was also a contract of EIB with the Development Bank of Southern Africa (DBSA) to support the development of the !Ka Xu 100 MW CSP.

Jinko Power signs 5year 500 MW PV project development agreement

Shanghai, China – The PV-manufacturer JinkoSolar today announced that JinkoSolar Power Co., , a subsidiary of the Company has signed a PV project development agreement with the Economic Development Zone of Lishui City), Zhejiang Province, to develop a 500MW PV power plant with an aggregate investment amount of RMB5 billion (607 mio. Euro).

Gamesa concludes turnkey construction of its first wind farm in Chile

Madrid, Spain – Gamesa, a global technology leader in wind energy, has concluded turnkey construction of its first wind farm in Chile, -the 36 megawatt San Pedro Chiloé wind farm- for the local company Transantartic. The project is located on Chiloé Island, in the southern part of the country.

Canadian Solar powers 44 MW solar farms in North Carolina

Guelph, Canada - Canadian Solar announced that the Company executed a 44 MWp module sales agreement with affiliates of Entropy Investment Management and Entropy Solar Integrators.

Offshore: Siemens receives order for wind turbines in Germany

Hamburg - Vattenfall has awarded Siemens Energy an order for 72 Model SWT-4.0-130 wind turbines for its new Sandbank offshore wind farm. The project is being erected 90 kilometers west of the island of Sylt in water depths between 25 and 37 meters within the exclusive economic zone off the German North Sea coast.

JinkoSolar opens solar module factory in Cape Town

Shanghai - JinkoSolar announced that it has opened a solar module factory in Cape Town, South Africa.

Yingli to supply over 30 MW in Japan

Baoding, China/Madrid - Yingli Green Energy announced that its wholly owned subsidiary, Yingli Green Energy Spain, has signed a 31.6 MW supply agreement with Gestamp Solar, a Spanish developer and operator of utility-scale PV systems for a solar power plant in Daigo, Japan.

Fraunhofer Chile and DBFZ intensify cooperation on organic waste to energy research

Leipzig, Germany - Several delegates from the Fraunhofer Chile Research Centre for Systems Biotechnology (FCR-CSB) and Deutsches Biomasseforschungszentrum (DBFZ) seek for intensified cooperation in issues related to energetic use of organic waste. Special interest of the Chilean experts is on knowledge transfer in the fields of biogas and the process of hydrothermal carbonization (HTC).

Yingli surpasses 10 GWs of global Solar module deliveries

Boading, China – The PV module manufacturer Yingli Green Energy (Yingli Solar) announced that the company has surpassed 10 gigawatts (GWs) of cumulative solar module deliveries worldwide. The company realized this historic milestone by June 30th, 2014.

SEIA urges SolarWorld to offer counter proposal in trade dispute

Washington, USA - In hopes of ending the long-running and costly U.S.-China solar trade dispute, the Solar Energy Industries Association (SEIA) urged SolarWorld Americas LLC to offer a specific proposal which could serve as the basis for discussions in renewed attempts to reach a negotiated settlement.

Weak demand in Europe affects consolidated earnings of SMA Solar Technology

Niestetal, Germany — From January to June 2014, SMA Solar Technology AG sold PV inverters with an output of 2.0 gigawatts (Q1–Q2 2013: 2.5 GW) and generated sales of €341.2 million (Q1–Q2 2013: €461.5 million) in a market dominated by high price pressure. The main reasons for the decline in sales were the slump in demand in Europe and the high price pressure.

SMA purchases european O&M business from Phoenix Solar

Niestetal/Sulzemoos, Germany - SMA Solar Technology AG and Phoenix Solar AG today signed a contract for the selling of European operations and maintenance activities (O&M business) from Phoenix Solar to SMA. This transaction sees SMA systematically implementing its growth strategy in the service business.

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