Retail investors may be keying in on overseas solar and wind projects as a way to profit despite the slowdown in the world’s energy economy. After hitting about 178 GW of solar PV power capacity by the end of 2014, global solar PV capacity is expected to hit 200 GW soon. Alternative Energy Companies with recent developments and achievements are: Atlantic Wind & Solar, Canadian Solar, First Solar, SunPower and JA Solar Holdings.
Atlantic Wind & Solar recently announced its entrance into the South Asia region and marked a new milestone in its project pipeline size, now surpassing 1 GW of renewable energy projects; an increase of almost 100% over the previous year. With 4 years of experience in Asia and the Middle East, the company’s management focused on Thailand and India markets.
In Thailand, Atlantic is currently structuring an agreement in regards to 230 MW of solar projects. In addition, the company is evaluating 90 MW of wind projects. In India, Atlantic is structuring agreements around 210 MW of solar projects. Management recently returned from an extended business trip throughout south Asia which served to solidify relationships with local developers, broaden Asian networks, generate crossover interest between Asia and the Americas, and open up an additional 500 MW of projects for the future.
Leading solar and alternative energy companies releasing recent news and developments:
Canadian Solar recently announced that the company is the supplier of 1.25 MW AC of 28 kW three-phase inverters to Renewable Solar Energy in central California. These inverters will be used in its three ground mount PV projects in Netto Farms, Tos Farms, and Summer Hill Dairy. Canadian Solar is also the supplier of 1.5 MW DC of Canadian Solar’s CS6X-305P solar panels. By offering inverters and PV panels together as part of a total system solution, this bundling allows Canadian Solar to further enhance its customer support services. CSIQ closed up over 8% at $26.55 on over 3 Million shares traded by the market close on Wednesday.
First Solar recently announced that it has signed an agreement to supply its high performance photovoltaic (PV) modules to power the 200 megawatt (MW) AC second phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, the United Arab Emirates. FSLR closed up over 16% on Wednesday at $51.92 on over 11 Million shares traded by the market close.
SunPower announced last month at PV Japan 2015 that the company is making its X-Series Solar Panels available in Japan in early 2016. The X-Series is a product line for the rooftop market that offers an unprecedented 21.2% nameplate efficiency. Compared with conventional solar panels, X-Series panels deliver approximately 8-10% more energy per rated watt and approximately 70% more energy production over the first 25 years. SPWR closed up at $27.57 on Wednesday trading over 2.4 Million shares by the market close.
JA Solar Holdings recently announced that it will hold a conference call on Tuesday, August 11, 2015, at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time), to discuss the Company’s second quarter 2015 results. The Company will release its second quarter 2015 results before the market opens that same day.
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Filed Under: News, Projects