Latest headlines

NextEnergy Solar share issue eyes $340m of UK PV projects

Ground-mount U.K. solar farm.

The fund has set a 250 million share placement program that will enable it to develop up to 186 MW of solar capacity in the U.K.


SMA, Danfoss join forces, form major converter alliance

SMA solar inverter production

The new European powerhouse merges leading inverter and automated drive technologies while looking to expand global operations in a bold move that signals confidence in the solar sector.


Consolidation grips solar EPC sector

Desert Sunlight, First Solar

Changing market dynamics and shrinking state incentive programs led to larger players grabbing a bigger share of the EPC pie last year while medium-sized integrators struggled with the increasing burden of cost.


REC Solar posts fourth-quarter pre-tax profit of $13.7 million

REC Solar Singapore facility

Improving market conditions and cost reductions have boosted the newly independent REC Solar's bottom line.


Abengoa to build PV project for EDP Renovaveis in California

Abengoa Mojave, California solar project

The Spanish engineering group is widening its footprint in the U.S. market, where it's also constructing a 265 MW project for AES Solar.


Canadian Solar supplies modules to utility-scale projects in North Carolina, Japan

Strata Solar PV installation, Chapel Hill, North Carolina

The Ontario-based module manufacturer, which has impressed solar developers with its equipment, is following up a major North Carolina project with a large installation in Japan.


Conergy completes first solar installation via its $100 million solar fund

Conergy logo.

Launched in January in conjunction with Conergy's main shareholder Kawa, the U.S. solar investment vehicle this week closed-off its inaugural solar project in California.


Russia to pave way for PV

Russian White House

The Russian government is pushing for new wide-ranging legislation that will attract greater investment in renewable energy projects as the country's biggest grid operator looks to add 10 MW of solar by 2015.


SolarWorld AG closes financial restructuring, gains strategic investor

SolarWorld production facility in Freiburg.

The German PV manufacturer successfully reduced its financial liabilities by 57%, converting the remaining outstanding debt into two new secured bonds.


Solar leads pack in new US generation capacity

A solar project in the U.S.

Solar led the charge of renewables which accounted for over 99% of new electrical generation capacity installed in the US last month. But despite providing 287 MW of the 324 MW added in January, solar still represents only 0.7%...


Greece awaits 'new deal' after adding 1 GW of solar in 2013

Athens, Greece

Greece's Environment Ministry is set to introduce new measures in the hopes of reaching a long-term solution, including FIT cuts and loan extensions. Consumers, however, face still more RES fee hikes.


Solar manufacturing equipment sales lag the boom

Applied Materials solar manufacturing equipment.

US semiconductor giant Applied Materials has reported more gloomy news from its solar division. With a manufacturing overcapacity worldwide, PV companies are not investing in plant, says Applied.


Solar renaissance is under way, says IHS

SMA Sunny Boy inverter manufacture.

Production capacity investments by Canadian Solar and SunPower will be the first of many, predicts IHS. The market research company is also predicting microinverters will start to gain traction this year.


Japanese FIT set to fall

Japan.

A solar analyst predicts the world's most generous FIT will be cut by 14% from April. A committee of experts has revised down its estimate of operation and maintenance costs for solar.


Netherlands reached 665 MW of cumulative PV capacity in 2013

Rooftop PV array in the Netherlands.

Figures released by the country's Ministry of Infrastructure and Environment reveal that Amsterdam leads the way, with more than 16 MW of solar power installed.


ReneSola expands solar presence in Japan and UK

ReneSola manufacturing facility in China.

The Chinese company has provided 13 MW of modules to a U.K. solar park and announced it is to begin producing solar panels in Japan.


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