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Investment in renewables reaches $244 billion worldwide
Global investment in renewable energy reached $244 billion last year, a drop of 12% due mainly to the plunge in solar prices and weakened U.S. and EU markets, according to newly published twin reports by the United Nations...
PV materials market to hit $27.2 billion by 2018
Due to the improved supply-demand balance, the global photovoltaic (PV) materials market will climb 52% in 2018, according to a report by Lux Research. Materials differentiation and innovations will become the major contributors...
EU anti-dumping duties expected to eliminate 1.3 GW of PV installations
European PV installations are set to fall by more than 6 GW this year and the EU’s incoming anti-dumping duties on Chinese modules will account for 1.3 GW of the decline, according to a report by research group IHS. Global...
Ontario revamps FIT program
Ontario is set to introduce a number of major changes to its solar feed-in-tariff (FIT) program that will create a competitive procurement process, expand funding programs for municipalities and seek to comply with the recent...
Planned PV project in Georgia secures government support
Ergon Solair is one step closer to realizing a $1.5 billion, 1 GW photovoltaic power plant in Georgia. The enterprise would connect Georgia to the European grid via HVDC transmission.
U.S. PV installations rise 33% in first quarter
In the first three months of the year, the U.S. saw PV installations rise 33% to 723 MW, with solar now accounting for 49% of new electric capacity in the country, according to GTM Research and the Solar Energy Industries...
Bulgaria limits PV capacity
State-owned energy holding group EAD has ordered drastic limitations on renewable energy capacity. Electricity distribution company CEZ will cut capacity by 40%.
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