China-based PV energy provider (PVEP) United Photovoltaics Group has received back its US$64.4 million deposit originally given to Hareon Solar to start build 930MW of PV power plants, which were never actually built.
ABB has released a low maintenance, high power outdoor central inverter. Overall system costs are driven down by the increased DC input voltage up to 1500 VDC and a high power rating of up to 2000 kVA to provide an even more attractive solution for investors and plant owners alike.
Major renewable energy provider SunEdison may have cut its rate of growth due to financial concerns but the slowdown did not manifest itself in reporting third quarter financial results.