Latest headlines

Saskatchewan sets 50% by 2030 renewable energy target

Saskatchewan's plan to double its share of renewable energy generation will include procuring at least 60MW of utility-scale solar through auctions beginning in 2016.

Brazil predicts 4.5 GW of installations through expanded net metering rules

A virtual net metering policy has been introduced and the project size cap has been increased to 5 MW. Under the new rules Brazil's ANEEL expects 4.5 GW of renewable energy installations by 2024.

Ireland's solar landscape could reach 3.7 GW by 2030, says report

KMPG's report analyzes the forecasted levelized cost of solar in Ireland, and suggests that grid parity could be reached by 2030.

Report produced by KPMG and commissioned by the Irish Solar Energy Association foresees a potential nationwide solar sector reaching 3.7 GW by 2030 with just EUR 670 million of support.

India: Punjab state reaches 1.5 GW of allocated solar PV

Punjab Chandigarh Palace of Assembly.

Punjab's New and Renewable Energy Minister Bikram Singh Majithia confirms that the state now has projects amounting to 1,550 MW at various stages of development; a 172-fold increase in just three years.

Sky Solar reaches 242 MW of shovel-ready projects

Sky Solar PV plant.

Hong Kong-based solar firm releases solid third quarter financial report revealing a 1 GW solar park pipeline and year-over-year revenue increase of 17.3%.

World Bank plans $16bn fund to fight African climate change

Solar in Kenya.

World Bank will push for investment from development organizations, private partners and governments, while footing $5.7 billion itself to help stem the causes of climate change in Africa.

Jordan signs 50 MW PPA agreement

Solar in Jordan.

Deal struck between Spain's Fotowatio Renewable Ventures and Jordan's National Electric Power Company for a 50 MW solar plant to be located some 80km north of Amman.

SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

FOE: Finance for 100% renewables exist, but policies are absent

Solar is again the renewables king, accroding to FOE

In a new report, Friends of the Earth (FOE) calculates that switching to 100% renewable energy in Africa, Latin America and most of Asia by 2030 would cost US$5.15 trillion – equivalent to the amount held by the world’s 782...

India: Waaree wins contract for 75 MW PV plant, orders 100 MW Huawei inverters

Huawei string inverters.

The Indian EPC last week secured the rights to develop a 75 MW solar PV plant in the Indian state of Gujarat, prompting an order for 100 MW of inverters and smart PV solutions from China's Huawei.

British public vastly overestimate solar support levels, poll finds

Solar BIPV, U.K.

According to a new YouGov poll commissioned by the Solar Trade Association, subsidies for U.K. solar power are 22 times less than people actually think, comprising just GBP 9 per consumer per year.

US DOE awards $125m for 41 transformational energy tech projects, including solar

U.S. Energy Secretary Ernest Moniz.

Funds issued as part of the Department of Energy's Advanced Research Projects Agency-Energy to be issued ahead of the UN Climate Change talks in Paris as part of wider investment in low carbon economy.

Solar O&M market to surpass 390 GW by 2020, says GTM

SMA O&M in the field.

Report from GTM Research forecasts a tripling of the global solar operations and maintenance market from 133 GW this year to more than 390 GW by 2020, growing even in regions where PV expansion has stalled.

Alberta sets 30% renewable energy goal by 2030

Under new leadership, the province which hosts the heart of Canada's oil sands industry will replace coal generation with renewables by 2030.

US, Japan and South Korea to install 1.4 GW of energy storage between 2015-16

Energy storage system costs will come down significantly by 2019

The U.S., Japan and South Korea are the leading energy storage markets worldwide, says IHS, with each forecast to exceed 100 MW of annual installations this year. Between 2015 – 16, they are set to install 1.4 GW of new capacity....

Emerging markets attract most renewables investment

Solar is playing an increasingly important role in Africa

New renewables investment in 2014 in 55 developing world nations reached US$126 billion, finds a new report, over half of which went to emerging markets. The increase was recorded, despite a general slowing in economic growth....

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