Latest headlines

Heliatek raises bar for OPV efficiency to 13.2%

The new Heliatek OPV multi-junction cell has achieved a new world record conversion efficiency of 13.2%.

The German organic PV developers reveal new record conversion efficiency for an OPV multi-junction cell; measurement independently verified by Fraunhofer CSP.


Singulus narrows 2015 loss, increases revenue

Singulus thin-film fab

The German equipment supplier is strengthening its focus on the solar segment with production machinery for both thin-film and crystalline cells amidst waning sales in the optical disc segment.


SMA: When storage systems pay off for commercial business

The research institute Hakai Beach in Canada meets its electricity demand with a 30 kilowatt PV storage system featuring SMA multicluster technology

While private PV system operators work toward optimizing self-consumption, storage systems in industry are mainly used to provide control reserve and thus ensure grid stability. In commercial storage system applications, the main...


The pv magazine weekly news digest

Solar's march across the globe is heartening to see, as is its ability to still ruffle feathers in the largest markets.

The solar big guns were out in force this week as changes to the U.S. net metering landscape rolled into Nevada. Elsewhere, China proved its PV prowess, Japan saw a shakeup and Germany confirmed its relative demise.


Abengoa looking to offload stake in UAE's Shams 1 CSP solar farm

Abengoa currently owns a 20% stake in the 100 MW Shams solar plant in the UAE.

The Spanish renewables company is seeking to sell its 20% share in the CSP solar plant as it seeks to raise $335 million of liquidity to satisfy circling creditors.


India’s Karnataka plans for 3 GW of solar

Karnataka is looking to ramp up its solar activity

Three GW of new solar PV projects have been announced for the Indian state of Karnataka. The government has approved a 2 GW plant by Karnataka Solar Power Development Corp. Ltd, while Adani is said to be planning a 1 GW project.


US: Cumulative solar installs top 28 GW, 16 GW of renewables installed in 2015

Cumulative utility-scale solar installs have topped 17 GW in the US

According to a new study by BNEF and the Business Council for Sustainable Energy, cumulative solar capacity in the U.S. has reached 28 GW, of which 7.3 GW was installed in 2015. Overall, last year saw 16 GW of renewables added,...


Moody's: green bonds could top $50bn this year on post-COP21 surge

Eiffel Tower during COP21.

Ratings agency expects momentum from the Paris Agreement to motivate additional and repeat issuance of green bonds on a global scale, building on dramatic spike recorded in Q4 2015.


Expert analysis: Back in black: SolarWorld provides optimistic outlook for 2016

SolarWorld HQ, U.S.

On February 1, Solarworld published its preliminary business figures for 2015 and provided an optimistic outlook for 2016. Industry expert and Smart Solar Consulting CEO Götz Fischbeck delivers his analysis on SolarWorld’s...


UK solar firms challenge government subsidy cuts in appeal court

Royal Courts of Justice, London.

Solarcentury and Lark Energy take case against government's early closure of the Renewable Obligation scheme to court of appeal; government defends stance on claims its decision was grossly unfair.


Tesla’s Musk confirms Powerwall 2.0 is on the way

Demand for Tesla's Powerwall is still high

Elon Musk has confirmed Tesla will bring out a new version of its Powerwall home energy storage battery system this summer. While "step changes" can be expected, he declined to elaborate on the new product.


Germany: Solar installs just 1.37 GW in 2015

It's hard to calculate the exact amount of solar PV added in 2015 in Germany, but it is clearly under 1.5 GW

2015 saw declining solar PV activity in Germany once again, with under 1.5 GW installed throughout the year. In December, the Federal Network Agency registered just under 145 MW of new capacity. Meanwhile, four ground-mounted...


IFC finances Canadian Solar Vietnam, Brazil fab projects to tune of $70m

Canadian Solar CEO Shawn Qu welcomed the partnership with the IFC: "With IFC's commitment, we are able to expand our production capacity to meet the increasing demand for solar energy worldwide."

The Chinese solar company has received a financing package of $70 million to support its expansion plans in Vietnam, the company has confirmed.


SMA forecasts 'considerable earnings increase' in 2016

SMA Solar Technology AG

The German inverter maker is banking on booming business from the digitization of the energy sector and predicts up to a fourfold increase in operating profit in 2016. The company is presenting the upbeat outlook to analysts and...


Solar-plus-storage to become $8bn market by 2026, says Lux Research

The graph shows how the addition of storage systems is likely to accelerate distributed solar installations by around 10 GW a year from 2025.

Addition of storage to the solar landscape seen as key to overcoming intermittency limitations and supporting continued price reductions of PV, report finds. DG market could reach 25 GW by 2026.


Aide to produce PV modules for Zhonghuan Semiconductor

Aide Solar PV system

The company's PV modules are slated for use in the solar joint venture established China by Zhonghuan, Apple and SunPower.


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