Latest PV market updates

Global solar PV demand to reach 49 GW in 2014, say NPD Solarbuzz

Solar installation China

The solar analysts forecast a record 12 months for solar installations, estimating 5 MW of PV to be installed every hour for the first three months.

Hyundai installs South Korea's largest rooftop PV installation

South Korean flag.

The car giant has installed 40,000 solar panels on top of its production plant in the city of Asan. The installation will generation 11.5 million kWh of solar power a year.

Tata Power solar targets granted 2016 extension

Maharashtra, India.

India's largest industrial group has won government approval to postpone its solar fulfilment in the face of a shortage of PV generation.

Solargiga seals 200 MW deal in Ghana

Ghana city, Cape Coast

DCH-Solargiga, a 70% equity-held subsidiary of Solargiga, and the Savannah Accelerated Development Authority (SADA) signed an agreement to form a joint venture to build 200 MW of solar PV in Ghana.

Good Energy Group acquire provisional approval to build 49.9 MW UK solar farm

Raynham Hall, West Raynham

The renewable energy supplier must fulfil further appropriate conditions for its planned PV plant, to be built on a disused airfield in the English county of Norfolk.

Shunfeng settles balance for Wuxi Suntech

Wuxi Suntech HQ

Following last month's acquisition of Wuxi Suntech, Chinese solar module provider Shunfeng has settled the final $412 million balance.

South Korea to support first PV plant in Uzbekistan

Sanarkand, Uzbekistan.

Seoul's government has signed a memorandum of understanding (MoU) to jointly set up and operate a pilot 100 MW PV plant with its Uzbek counterparts.

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