Latest headlines

Dow Corning increases net income as sales drop

Hemlock shuttered Tennessee facility

U.S. silicon technology giant Dow Corning Corp. on Friday reported a 10% increase in net income last year despite a 9% drop in sales.


GTM Research: US energy storage BOS costs to fall 41% by 2020

The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment.


UK hits 8.4 GW of solar capacity

The UK installed over 3.4 GW of solar PV in 2015

According to the latest figures from the U.K. Department of Energy and Climate Change (DECC), cumulative solar PV capacity reached 8.4 GW in November, up from just 223 MW in 2011. This represents installs totaling 3.4 GW in the...


India to benefit from Russian MOU with large-scale solar projects, manufacturing

The MOU was signed on December 24

A memorandum of understanding (MOU) between the Russian Energy Agency (REA) and Solar Energy Corporation of India (SECI) will see both large-scale solar PV projects deployed, and manufacturing facilities established, in India.


Finland’s Valoe sees funding boost for back contact solar technology

Finland's Valoe is hopeful of a positive 2016

Valoe Corporation, formerly known as Cencorp, has received a EUR 4 million funding boost to develop its back contact solar PV technology. The company is also confident it will soon finalize financial negotiations for its first...


CERC: Benchmark solar capital cost in India falls 28%

The capital cost of solar PV is falling fast in India

India’s central Electricity Regulatory Commission (CERC) calculates the capital cost for solar PV has dropped 28% from the benchmark numbers over the last two years. Meanwhile, an initial tariff of INR 7.01/kWh has been set. The...


India to install 4.2 GW of rooftop solar under increased budget

How India intends to achieve its aim of 40 GW of rooftop solar by 2020 remains unclear

The Indian Government has unveiled plans to install 4.2 GW of grid connected solar PV up until 2019-20 under its National Solar Mission. A budget of around US$751 million has been allocated. It is still unclear how its 40 GW 2020...


China: Qinghai targets additional 7.1 GW of renewables in 2016

Despite issues, China's Qinghai Electric Power plans 7.1 GW of new renewable installs this year

Qinghai Electric Power, the sub-company of China’s State Grid Corporation aims to install 7.1 GW of renewable energy in 2016, the majority of which will comprise solar PV, up from the province’s cumulative capacity of 6 GW.


160,000 Mexican homes host PV systems

Around 0.5% of Mexican residences reported a PV installation in 2015. Statistics from Mexico's INEGI show Baja California Sur and Durango as the states with the highest penetration of solar PV in homes at 2.1%.


SunEdison to wipe out $336 million in debt, while partnership buys stake in Dominion solar portfolio

The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.


Germany sources one-third of electricity from renewables in 2015

German PV park.

One-third of Germany’s electricity demand in 2015 was provided by renewable energy, with onshore wind and solar PV leading the way. Renewables academic Volker Quaschning published the findings today, compiling the data from a...


Report finds high level of competition among U.S. residential solar installers

EnergySage's first report of small-to-mid-sized U.S. solar installers found both a high level of competition and increasingly savvy consumers.


Enel Green Power begins construction of 254 MW Brazil solar plant

Bahia, Brazil.

Solar installation is located in the state of Bahia in Brazil's northeast, and will be built at a cost of $400 million, according to Enel Green Power.


Azure Power wins 100 MW solar in Indian solicitation

Solar development, India

Indian solar power producer wins project for a 100 MW solar PV installation via auction held by India's largest power generation company, NTPC.


Abengoa redefines its solar strategy in Chile, gives assurances for 950 GWh awarded in auction

The bankruptcy process requires the Spanish company to slow down the Atacama 1 CSP project, to reconsider its list of local projects and consider selling various assets.


European Energy commissions 50 MW of Danish solar PV, sells to Allianz

The wind and solar developer has connected a series of solar PV projects to the grid in Denmark, and has signed conditional agreements to sell these to a fund managed by Allianz.


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