Latest PV market updates

JinkoSolar secures $39 million loan from China Development Bank

Xinjiang Province, China

The credit line will bankroll two PV projects with a combined capacity of 35 MW that have already gone online.


Solar Frontier sets thin-film PV world record with 20.9% CIS cell

Solar Frontier plant

Germany's Fraunhofer Institute has verified the new CIS conversion efficiency breakthrough, achieved at the Atsugi Research Center (ARC) in Kanagawa, Japan.


New York's Long Island to add 100 MW of solar generation

Brooklyn Bridge, New York City

As part of a new auction, PSEG Long Island has set the final bid price of $0.1688 per kilowatt hour for PV systems of various sizes that are expected to be constructed across Long Island.


Global solar PV demand soars due to increased capacity in the UK, Japan

Rooftop PV systems, U.K.

Global solar PV demand in Q1 2014 showed a 35% increase over the same period last year, according to figures released by NPD Solarbuzz in its latest quarterly report. The same report predicts that all quarters of 2014 will hit...


Romania adds 850 MW in past eight months despite incentive cuts

Romania 50 kW PV installation

The country is also increasingly working with Turkey on a number of ambitious energy projects, including a plans to build 1 GW of capacity and a 450-kilometer-long submarine electricity line connecting the two countries.


EREC closes due to high Brussels rents

Brussels

The European Renewable Energy Council (EREC) is to shut its doors today as the former representative body continues its fall into liquidation. The reason given for this was an ability to meet the costs of renting in central...


German equipment manufacturers expect sales increase of more than 25%

Stringer system, Teamtechnik

Germany's PV equipment and plant manufacturers are cautiously optimistic and expecting a 25 percent increase in revenue this year despite lacking a plan to ensure their competitiveness in the medium term.


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