Latest headlines

Wafer utilization rates to be highest since 2010 on back of supply shortage

Demand for wafers will remain high in 2016, says IHS

IHS, Inc. has confirmed a wafer supply shortage. This will lead to utilization rates of up to 88% in 2016, and increasing levels of outsourced production. Long-term contracts, often with pre-payment clauses applied, will affect...


EU to review China solar minimum price agreement

EU ProSun's Milan Nitzschke has been critical of Chinese practices in the European solar market.

Decision by European Commission to probe minimum import price on Chinese solar panels could force renewal of anti-dumping and anti-subsidy duties.


SolarCity narrows Q1 loss, beats installation forecast

SolarCity rooftop installation.

The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.


Global inverter market shrinks 4%, Asian suppliers gaining, says IHS

SMA service.

Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.


Advanced Energy enjoys Q1 profit of $21.3 million

Refusol inverters.

Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.


Tesla 'R' Us: more solar firms partner with the Powerwall

Tesla S, Powerwall in the home.

Tesla's breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.


Construction begins on 97 MW Chilean PV plant

Construction on Enel Green Power's (EGPs) 97 MW Chilean PV power plant is underway. It is scheduled for completion in 2016.


Expected Q1 loss does little to diminish SunPower's positive outlook

SunPower large-scale installation.

The U.S. module manufacturer reports reduced revenues for the first quarter as the company diverts attention to inaugural yieldco venture with First Solar.


IEA: Clean-energy innovation essential to meeting climate goals

IEA Executive Director Maria van der Hoeven

The International Energy Agency presented its Energy Technology Perspectives 2015 report in Paris on Monday, which calls for a tripling of public spending on low-carbon technology R&D.


Egypt signs deals for 220 MW of solar

Cairo, Egypt

The agreements, signed with five companies from Egypt, Saudi Arabia and the United Arab Emirates, include 220 MW of solar and 100 MW of wind and are valued at $500 million.


Solar could meet all of Scotland's power needs, says WWF Scotland

Orkney coastline, Scotland.

Solar energy generated enough power in the month of April to meet the electricity and hot water needs of homes fitted with solar panels, prompting reports that it could soon be possible to completely power the country with PV.


NEXTracker on board 70 MW Moree solar plant in Australia

Moree Solar plant.

The tracking specialist will supply its state-of-the-art trackers to the 70 MW Moree Plains solar project in New South Wales, project is largest tracking solar installation in Australia.


First Solar posts net loss, 51% revenue decline in Q1

First Solar employee

The company's launch of its new yieldco joint venture impacted its bottom line as the group moved through a "transitional period." First Solar expects to be back in the black in Q2 with sales of between $750 and $850 million.


Solar Impulse plane prepares for longest leg of round-the-world journey

Solar Impulse in China.

The five-day, five-night flight between China and Hawaii is a time for nervous anticipation, says pilot tasked with the leg, Andre Borschberg. Takeoff scheduled for Thursday, May 8.


Tesla's tech breakthrough only half the battle, says Lux Research

Tesla Powerwall.

New home storage system requires collaboration with power electronic providers, greater cost reduction and attractive finance options to really achieve market penetration, say analysts.


Powerhive set to expand off-grid metering solutions

Powerhive Africa project

The First Solar-backed company, which has completed a pilot program in Kenya, offers customers the opportunity to pre-purchase electricity for commercial and residential use through mobile banking services.


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