Latest PV market updates

Indian solar market to more than double to 1.8 GW in 2015

Mercom Capital's strong 2015 outlook follows on a dismal 2014, with only 800 MW forecast by year's end. This optimistic forecast is influenced by a variety of factors, including moves by the Modi administration.


Serbia inaugurates 2 MW solar farm while rejecting PV

Belgrade, Serbia

While the country's solar PV tariff is very good, a separate renewable energy production law allocated an extremely low quota for PV plants, including 6 MW for ground-mounted installations and 4 MW for rooftop, by 2020.


LG Chem partners with Siemens on battery storage systems

Siemen and LG Chem sign MOU on battery storage collaboration, November 19, 2014

Just days after Daimler announced that it would halt production of its in-house battery cells and instead use LG Chem cells for its electric and hybrid vehicle batteries as well as for stationary storage solutions, the South...


JinkoSolar posts third-quarter increases in sales, profit as it reviews sale of downstream biz

JinkoSolar rooftop solar

The company currently has 15 projects totaling 488.5 MW under construction. It is also planning to gradually increase its percentage of distributed generation project construction in 2015. For the full year, JinkoSolar expects...


Russian solar industry on verge of serious crisis

Enerparc installatino in Dagestan, Russia

The Russian industry of solar energy is on the verge of serious crisis, due to economic crisis and devaluation of national currency – ruble, caused by sanctions, imposed on Russia.


EIA: South orientation yields 11% more energy

Rooftop installation

The U.S. Energy Information Administration (EIA) released a study Wednesday showing that a south-oriented fixed-tilt PV system will yield 11% more annual energy than a flat fixed system. In contrast, the study showed that a...


Daimler: Deutsche ACCUmotive to offer stationary PV storage

Daimler Deutsche ACCUmotive stationary storage

The German auto giant plans to offer batteries for industrial and stationary storage in addition to the batteries it uses for its electric and hybrid vehicles.


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