Latest headlines

US: New standardization initiative could save billions for solar users

Sunrun residential PV system

Sponsored by the U.S. Energy Department, the Orange Button initiative is expected to reduce the cost of capital as a result of improved access to solar data, which would lower risks and result in savings of nearly $9 billion over...


Market volatility hits clean energy investment

The Wall Street bull.

A strong dollar and Chinese share volatility hampered renewables investment last quarter. But plunge in VC funding indicates solar has gone mainstream, says BNEF.


Chinese government attempts to shore up United PV share price

Stock market dealers.

State-owned investor pumps $710,000 into ailing Hong Kong developer. Shares stabilized at $0.13 this morning from year-high of $0.20 on June 2.


India set to launch 2.8 GW tender

Madhya Pradesh.

MD of state-run SECI announces imminent round for five states. Government plans to tender in dollars are missing the point, says consultancy.


EU PVSEC and Intersolar Europe to join forces

Crowds at Intersolar Europe.

Following speculation, Intersolar Europe and EU PVSEC will join forces in June 2016. The merger will see the Intersolar tradeshow and storage conference run concurently with, yet independently from, EU PVSEC's R&D conference.


IFC to invest $25m in MENA renewable energy

Solar PV plant in Saudi Arabia.

The International Finance Corporation, a member of the World Bank Group, to steer the funds towards Alcazar Energy, a power company that will develop solar and wind projects in the region.


Buffett strikes cheapest electricity price in US with Nevada solar farm

Warren Buffett and Barack Obama.

Berkshire Hathaway's NV Energy strikes PPA price of 3.87 cents per kWh for electricity generated by First Solar's 100 MW Playa Solar 2 project, according to Bloomberg.


8minutenergy commences construction of 137 MW California solar farm

Kern County, California.

The Springbok 1 Solar Farm, located in Kern County, will become one of the largest PV plants in the region once complete, Swinerton Builders is acting as the EPC.


Scatec Solar partners with Nizam Energy on $300m Pakistan PV project

Sindhi Province, Pakistan.

Pakistan Prime Minister Nawaz Sharif signs agreement with Norway's Scatec Solar in Olso to jointly develop 150 MW of solar power plants in Pakistan, together with Nizam Energy.


Obama backs plans to bring 300 MW of solar to poorer US households

Obama at Nellis Airforce Base.

White House outlines proposals to install more solar panels on more than 50,000 low-income households with the use of $520 million of federal money.


Younicos to add 150 jobs in Germany, US

Younicos has announced it will double its workforce by 2017, adding new jobs in both Germany and the U.S., in response to the expected "exponential" growth in the energy storage market. Overall, the battery specialist has a 4 GW...


Trina Solar refutes reports of Malaysian fab rejection

Trina Solar production.

Reports in the Malaysian and U.K. press that Trina Solar has had an application for a Malaysian solar facility in the country rejected have been refuted today by the company, which claims it has made no such application.


JinkoSolar launches O2O e-commerce platform

JinkoSolar wants to help the distributed PV market

JinkoSolar has launched its O2O e-commerce platform, Jinkoyun, to help solar customers build small-sized PV systems in China. The plan is to roll the concept out to other main solar markets by 2020, thus serving the global...


India: Adani Group signs 648 MW solar MoU in Tamil Nadu

Tamil Nadu landscape.

The India-headquartered conglomerate signs memorandum of understanding to create five solar PV power plants in Tamil Nadu's Ramanathapuram district for around $715 million.


Hareon Solar signs 72 MW PV project deal in India

Andhra Pradesh.

The Chinese solar company embarks on first solar project in India, entering into agreement with ReNew Power to develop a 72 MW solar farm in Andhra Pradesh.


France storage project highlights cost journey facing batteries in Europe

The energy storage installation at the Nice Grid pilot project comprises two Saft Intensium Max lithium-ion batteries.

Nice Grid pilot storage project by EDF's power grid unit ERDF reveals that the economic model of storage technology is not yet viable across most of Europe's main grids.


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