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Clean Energy Live: UK energy minister gives no clues where UK energy is heading

Clean Energy Live 2016. Image by Ilias Tsagas.

The U.K.'s energy minister Baroness Neville-Rolfe disappointed yesterday when addressing the Clean Energy Live show that is taking place in Birmingham, England. Apart from the usual political jargon, her speech offered no clues...

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.

Yingli receives $300m state-backed loan to ease restructuring process

Yingli solar PV production.

The Tier-1 Chinese solar developer has secured a loan of approximately CNY 2 billion from the Chinese National Development Bank to help the firm pay down its debts.

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.

China: NEA data puts cumulative PV capacity at 43.2 GW

PV module production, China.

Statistics from National Energy Administration echo those published in January by state news agency Xinhua, confirming China is now the world's largest market for installed solar PV capacity.

SolarEdge fiscal Q2 sales surge 70% Y/Y on US growth

SolarEdge's record revenues for fiscal Q2 were a 70% increase in the space of a year, driven largely by growth in the U.S. market.

The power optimizer specialists post record revenue of $124.8 million for the fiscal second quarter of 2016, shipping 416 MW of inverters to exceed market expectations.

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,...

Panasonic’s solar PV sales suffer from Japanese market weakness

Panasonic reports a slight decrease in sales and a sharper fall in profitability in its Eco Solutions business, which it blames on slowing domestic demand for its solar PV solutions and other products.

US: Landmark Dividend snaps up real estate home to 238 MW of installed renewables

The sale-leaseback transaction has added 238 MW of clean energy capacity to Landmark Dividend's portfolio.

Real estate investor in California has finalized acquisition of 3,500 acres of land across the state and, in doing so, has added 238 MW of existing clean energy capacity to its portfolio.

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.

Total secures stake in Off Grid Electric and Powerhive

Powerhive microgrid in Africa.

The French energy giant leverages its $150 million Total Energy Ventures fund to secure stakes of no more than 15% in the two off-grid and microgrid startups.

SunEdison offloads Japanese assets, assesses Vivint deal options

SunEdison solar PV installation.

The U.S. renewables developer agrees deal to sell its entire 198 MW solar PV portfolio in Japan for around $80 million while, closer to home, the company evaluates options that will see the Vivint acquisition finally closed.

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.

Wacker posts Q4 2015 polysilicon lows, begins production at US facility

Wacker Chemie's polysilicon.

Plunging prices in polysilicon trigger Q4 year-over-year sales drop of 8% despite overall increase in sales for 2015; German firm ramps up production at new U.S. polysilicon plant.

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