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Global solar power capacity is due to increase from 93.7 GW in 2012 to 668.4 GW in 2025, according to a new report from Frost & Sullivan. Big price falls are weakening growth prospects for concentrated solar power, however.
After a nearly two-year credit crunch, China's capital markets appear to again be embracing the PV industry.
The utility says the advantages of its select sites coupled with decreasing solar costs will allow for the cost-effective expansion of large-scale solar.
The local division of Canada's JCM Capital aims to finance environmental and social impact investments. The African Development Bank is backing the grant.
According to GTM Research, investments in the field last year surpassed 2012 and 2013 but remained below the $1.4 billion the sector raised in 2011.
Organisers of the Milan trade show say there are signs of a recovery in Italian PV. Inverter maker Fronius and Chinese giant Jinko Solar are making all the right noises.
The president of the module business, which has become the world's biggest, has been promoted to the Trina Solar board. The Chinese giant also added a new independent director.
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