Latest PV market updates

TMEIC inverter orders rise 48% in 2014

TMEIC solarware inverter.

The Japanese inverter company achieved orders of almost 3 GW last year, with a further 2.5 GW in shipments as its overseas fabs hit full-scale operation.


Sungrow increases Q1 revenue by almost 65% Y-O-Y

Sungrow inverters in California.

Chinese inverter specialist reveals strong growth in international markets, shipping 230 MW overseas, posts overall Q1 revenue of $117.7 million.


IRENA: Solar biggest renewable employer globally

Solar workers in California

Solar PV is the largest employer within the renewables sector, with some 2.5 million finding work in the sector. These are the findings from the International Renewable Energy Association (IRENA).


Stationary storage costs to remain high, despite predictions of $172/kWh Li-ion battery costs

Lux Research predicts that costs for "best-in-class" players' lithium-ion (Li-ion) battery packs will fall to US$172/kWh by 2025. These prices will primarily benefit the electric vehicle (EV) industry, however, with the...


Yingli Green Energy reveals hefty debt burden, may have to liquidate assets

Yingli Solar production facility.

The leading solar manufacturer issues SEC filing in which it raises specter of inability to meet its outstanding obligations, which currently stand at more than $1.6bn.


Turkey: JinkoSolar to supply 50 MW of PV panels to Tegnatia

Istanbul, Turkey

A joint venture between Turkey's T Dinamik and Egnatia Group in Greece, Tegnatia has become a leading solar EPC service provider in Europe.


AfDB report: Opportunities abound in Mali's growing renewable energy sector

AfDB's Renewable Energy in Africa: Mali Country Profile cover

The government of Mali aims to increase the share of renewable energy to 25% alongside a target for rural electrification of 61% by 2033 and is working to make investment in the sector more attractive.


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