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After falling by about 50 percent from 2009 through 2014, pricing for solar glass is set to commence a rebound starting next year, as anti-dumping duties levied by the European Union go into effect on Chinese suppliers. Average global pricing for glass used in photovoltaic (PV) solar is expected to fall to $4.60 per square meter this year, down from $10.40 in 2009, according to IHS Technology (NYSE: IHS). However, pricing will begin to stabilize and begin a long-term increase starting next year. By 2018, solar glass pricing will increase to $5.90 per square meter, up 11 percent from the low [...]
Thu, Oct 30, 2014, Continue reading at the source
Commercial properties in the U.K. benefit from roof-mounted PV systems with east/west orientation. Photovoltaic installations with east/west orientation generate around 30% more solar power than south-facing systems fitted to flat roofs of the same size. This is due to lower angles of inclination that allow the solar modules to be fitted without any gaps between the rows, meaning that roof space is put to full use. The imminent cuts to subsidies in the U.K. are boosting the attractiveness of east/west installations in the region, especially for businesses which consume the solar power they generate on site in order to reduce their ongoing [...]
Thu, Oct 30, 2014, Continue reading at the source
SunEdison, Inc. (NYSE:SUNE), a leading global solar technology manufacturer and provider of solar energy services, announced today the closing of a $130 million USD non-recourse debt financing arrangement with CorpBanca and BBVA. The debt proceeds will be used to fund construction of a 69.5 megawatt (MW) solar power plant located in Chile. The power plant will provide energy under a 20-year Power Purchase Agreement (PPA) to Minera Los Pelambres, a subsidiary of Antofagasta Minerals, the largest private mining group in Chile and one of the largest copper producers in the world. CorpBanca acted as Underwriter and Mandated Lead Arranger, and also [...]
Thu, Oct 30, 2014, Continue reading at the source