Latest headlines

pv magazine weekly news round-up: Aug 22-29

Solar installation, Chile.

A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.


SolarWorld module shipments reach record levels

SolarWorld CEO Frank Asbeck.

Company CEO Frank Asbeck confirms August and July to be best months ever for German company’s shipment volumes.


Australia: Solar costs could rise 50% if RET cut

Commercial installation, Australia.

Householders could be hit with increased system costs if Australia's government winds back the Renewable Energy Target.


Sonnedix closes financing on inaugural Japanese PV project

Japan flag.

The global solar power developer has secured financing for two solar PV plants totaling 4.5 MW in Japan's Yamanashi Prefecture.


SPI Solar subsidiary seals 30 MW China deal

Solar PV installation, China.

Xinyu Xinwei New Energy will engineer, procure and construct a 30 MW solar PV plant in Zhongwei City, China.


Rising silicon prices lift GCL-Poly back into the black

Polysilicon production facility, GCL.

First half financial results reveal a 52% sales increase on the back of a 16% rise in polysilicon spot prices.


US fund backs $480m Myanmar solar project

Obama and Thein Sein.

ACO Investment Group will collaborate with Myanmar's Ministry of Electric Power to construct two 150 MW solar plants by 2016.


Suniva strikes financing deal with Technology Credit Corporation

Suniva installation.

Partnership offers solar PV financing solutions to small and medium commercial businesses in the U.S.


Hanwha SolarOne cuts second-quarter loss, boosts module shipments

Isle of Wight Wellow 5 MW PV installation

Japan accounted for 53% of the company's module shipments in the quarter. The U.S. became its second-largest market, reversing positions with the U.K.


World's largest private bank predicts solar-led power revolution

UBS solar future graph.

UBS Bank believes large-scale power stations will be redundant within 10-20 years, with solar technology taking their place as chief power source.


IRENA report outlines green energy solutions for island tourism

IRENA report cover image

The report makes the case that a transition to renewable energy can bolster sustainable tourism marketing strategies, which can in turn increase tourism while improving the well-being of island communities.


Germany retrofits 200,000 PV installations to meet 50 Hz requirement

SMA technician upgrades PV installation

The country has so far upgraded half of the total of 400,000 installations that are affected by the measure to better protect the power grid.


Chinese PV suppliers increase global market share

JA Solar module inspection.

Latest research from NPD Solarbuzz reveals leading Chinese solar module suppliers upped their share of global supply by 26% in Q2.


Review panel puts renewable energy target in crosshairs

Residential PV in Perth, Australia

The review calls recommends closing the Renewable Energy Target scheme to new entrants and reducing investment and subsidies for large-scale and household renewable energy projects.


IEA: Uncertainty threatens to slow renewable energy momentum

Planet Earth

Annual growth in new renewable power will slow and stabilize after 2014, putting renewables at risk of falling short of the absolute generation levels needed to meet global climate change objectives, the IEA warns.


Vivint Solar to go public

Vivint headquarters

The Utah company has yet to decide how many shares it will offer or the price range for the offering. It's looking to list on the New York Stock Exchange.


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