Enphase Energy Enters Partnership With CertainTeed
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Enphase Energy says that building products provider CertainTeed has chosen Enphase as its exclusive inverter partner for the new Solstice AC solar roof product.The Solstice system includes an Enphase M215 microinverter mounted directly to a SolarWorld 250 W photovoltaic module and monitored by Enphase's Enlighten software. The system is expected to be available this month and will be available with CertainTeed's system and installation warranty, the companies note.
SunEdison Inc. has signed an agreement with JPM Capital Corp. for the latter to invest up to $75 million in a $175 million solar energy development fund.TerraForm Power Inc., SunEdison's yieldco subsidiary, will use the financing to purchase up to 60 MW of solar power projects that SunEdison will develop and construct through 2015. SunEdison says this funding enables it to continue offering advantageous pricing and financing to customers while growing TerraForm Power's project pipeline."This fund enables TerraForm Power to make substantial acquisitions that strengthen our position as a leader in the highly fragmented solar energy market," says Carlos Domenech, president and CEO of TerraForm Power.Financial leaders say consolidation of the fragmented solar market is likely to be a hallmark of 2015.
Suntech Power Holdings Co. Ltd. will stop two of three production shifts and reduce its workforce at its Goodyear, Ariz., solar panel manufacturing facility.According to the company, the slowdown in production is being implemented due to global oversupply and higher production costs related to recent import tariffs imposed by the U.S. government.The Goodyear facility's annual production throughput will decrease from about 45 MW to 15 MW, and roughly 50 positions will be eliminated. "We will continue to produce solar panels in Arizona to meet the needs of our customers - particularly those who are willing to pay a premium for U.S.-manufactured products," says E.L. McDaniel, managing director of Suntech America.On Nov. 7, the U.S.
International Trade Commission voted to impose unilateral tariffs of 35.97% on Suntech solar cells produced in China. Solar cells are a key component used at Suntech's Goodyear production facility, the company explains. The rising costs of components increases the costs of manufacturing solar panels in the U.S. Tariffs on solar cells come in addition to tariffs imposed by the U.S. government in 2011 on aluminum frames, another key input for solar panel manufacturing, Suntech adds.
Spain-based Isofoton has entered into an agreement with the National Electricity Council of Ecuador (CONELEC) to construct a 50 MW photovoltaic plant in the country.According to Isofoton, the project is the first and only to date to obtain planning permission in the current system of premiums on the feed-in tariff in the country. The solar facility will be in the parish of Calderon, 10 km from Quito. The construction phase will employ 500 people.The CONELEC agreement authorizes the plant's construction and operation and guarantees that the state will buy power according to conditions established by the feed-in tariff. Isofoton says that Ecuador is a key country for the solar market in Latin America due to its year-round homogeneous irradiation. It is also a photovoltaic energy hub for nearby countries, such as Colombia and Peru.
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