Latest headlines

SolarEdge strengthens again with 45% Q3 revenue increase year-over-year

SolarEdge power optimizer.

Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.


Vivint Solar Q2 profit hits $13.7 million

Vivint Solar HQ.

Second quarter financials for U.S. solar leasing company reveal installation increase of 78% year-over-year, driving a 146% increase in revenue.


China needs 200 GW of solar by 2020, say industry groups

China flag.

Country urged to double solar power goal in order to plug projected nuclear and hydropower shortfalls; currency devaluation could provide boon for solar exports but harm EU.


Indian solar to hit 75 GW by 2022, says report

Delhi, India.

Analysis by Institute for Energy Economics and Financial Analysis suggests the country will fall short of its ambitious goal of 100 GW by that date, despite $50 billion grid upgrade and raft of installations.


Ingeteam receives EUR 55M EIB grant for renewables R&D

Ingeteam's 100 MW Chilean solar plant.

The Spain-based inverter manufacturer will use the funds from the European Investment Bank to develop its research, development and innovation activities at the company's Spanish facilities.


Hawaii, Scotland present energy storage approaches for Australia

AECOM sees energy storage as boosting RE deployment

Energy storage is on course to see a boom similar to that in the solar market; Australia aims to tap this potential to facilitate the further roll out of renewables. A new study has identified key investment areas, and barriers,...


Australia announces tame 2030 emissions reduction target of 26%

Tony Abbott at the World Economic Forum.

The goal, based on 2005 levels of carbon emissions, will be taken to the United Nations climate change meeting in Paris in December; climate campaigners call the target 'pathetically low'.


From the Mag: A selection of stories from the August issue

Belectric has already demonstrated that large-scale solar installation based on 1,500 VDC are no longer a pipe dream.

pv magazine's August edition explores the state of Japan's solar policy, examining whether future installation projections might well be accurate; we look at the growing trend of 1,500 V components at utility scale, and...


The pv magazine weekly news digest

The energy battle is on... and solar is no longer the niche newcomer it once was, much to the chagrin of the pro-coal lobby.

Obama's clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity's plans for world domination edge closer to reality.


SunPower targets $1.5bn solar expansion in Chile

Chile Arica y Parinacota desert.

California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.


SolarCity expands into Mexico with $15m purchase of Ilioss

SolarCity installation in progress.

Acquisition marks first time the U.S. solar company has expanded internationally, sees Mexican market as exciting and ideal location for extension of its financing model.


Ideal Power Q2 revenue surpasses expectations

Kaco inverter production.

The U.S power conversion company generated revenue of $1.2 million in Q2 following announcement of partnership with Germany's Kaco. Losses posted at $2.3 million.


ReneSola forms JV with Pristine Sun for 300 MW US solar pipeline

ReneSola cell production.

The Chinese solar module manufacturer has teamed with the San Francisco-based EPC to develop, build and operate a portfolio of 300 MW of solar projects in the U.S., first 150 MW outlined for next year.


Silevo, SolarCity hold topping off ceremony at Buffalo Gigafactory

Gigafactory topping off ceremony.

The 1 GW solar panel factory, which will manufacture Silevo's high-efficiency modules, nears completion just 11 months after the project broke ground.


UK: Big60Million and Foresight Solar Fund close bond on 34 MW community PV

Big60Million solar development.

Joint venture between solar investor Foresight and community-benefit energy company Big60Million brings community and institutional finance together in the ongoing pursuit of greater solar deployment.


Enphase Energy Q2 shipments up 48% YOY

Enphase AC battery.

U.S. module level power company ships record 195 MW in second quarter, revenue up 25% year-over-year, reaching $102.1 million.


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