Latest headlines

Russia's Solar Energy given the all clear to develop 90 MW of solar plants

Moscow, Russia.

The Russian solar group has been granted to right to build six solar power plants, each with a 15 MW capacity, in Russia's southern Astrakhan Region, according to a statement from the regional government.


Cronimet moves towards 15 MW mining projects in South Africa

Solar diesel in South Africa.

African independent power producer Cronimet in on track to pick up 15 MW of PV projects to supply mining and industrial operations in South Africa. The projects are being awarded under the South African government's small REIPPP...


India: Solar to beat coal on cost by 10% in five years, says KPMG

The conditions are already in place for solar to undercut coal on cost, and the price disparity could grow once adoption of clean energy is embraced more fully.

Report by KPMG India finds that the levelized cost of solar power in India will be around 10% cheaper than coal by 2020, with PV penetration rates set to reach around 5.7%.


Vivint Solar achieves modest Q3 profit

Vivint Solar HQ.

The U.S. residential solar installer's profit of $468,000 represents a solid turnaround on Q3 2014, with installations and bookings up 25% and 15% respectively.


Kaco doubles global turnover

inverter production, Kaco.

The German inverter manufacturer expects to generate EUR 200 million in revenue in 2015, almost double the figure achieved in 2014; company expects turnover to reach EUR 250 million next year.


India's Modi puts solar firmly on G20 agenda

Modi and Obama.

The Prime Minister reiterated his desire to see more than $100bn invested in his Global Solar Alliance during the G20 meeting held in Turkey over the weekend.


Climate financing hits $391 billion, solar a key beneficiary

Solar PV attracted a major portion of climate financing in 2014

Climate financing reached US$391 billion in 2014. While private investment comprised the lion’s share – driven by renewable energy deployment, and solar PV in particular – public financing notably increased. Despite the rise, the...


Kong Sun sets 2 GW solar development target in China next year

Hong Kong.

Hong Kong-listed solar developer is aiming to end 2016 with a new installed PV base of 2.4 GW in China, building upon 2015's estimates that has seen 1 GW of new capacity added.


Solar activity heats up in Africa

Off-grid solar solutions offer Africa a way to improve access to electricity

A number of solar plans have been announced across the African continent, including Sterling and Wilson’s aim to install 500 MW of PV across the next three years; and a US$100 million investment for renewables deployment in...


Solargiga, Motech to put 600 MW of new module capacity online in 2016

Citing growing demand, Solargiga plans to double module production through a joint venture with Motech in China.


Apple to become 100% solar-powered in Singapore

Singapore Civic District.

Local solar power firm Sunseap to supply all of the tech firm's electricity needs in the country from next year via a 1.1 MW array and 800 solar rooftop systems installed across Singapore.


Brazil government approves 1.5 GW of new solar and wind power

Solar development in Brazil.

Contracts granted by the government for the development of 930 MW of solar PV capacity and almost 550 MW of wind farms as part of a $1.7 billion push to upgrade the nation’s energy system.


Lightsource signs deal for 3 GW of solar in India

Narendra Modi, Indian Prime Minister.

Investment of GBP 2 billion agreed during Indian Prime Minister Narendra Modi's visit to the U.K. and is part of a wider GBP 10 billion trade deal between the two nations.


The pv magazine weekly news digest

Glass most definitely half full.

Amid new efficiency world records, surging growth for emerging solar markets and a bullish report from IHS predicting 272.4 GW of new capacity by 2019, naysayers and doom mongers are still making their voices heard.


SunLink, Blattner to partner on 112.7 MW solar farm in U.S.

Solar panel project.

Collaboration between solar developer SunLink Corporation and EPC Blattner Energy follows earlier partnership delivering a 148.5 MW solar farm in southeastern U.S.


SolarWorld shipments grow 25% Y/Y over first 9 months

Solar installation.

The German-U.S. solar company confirms preliminary sales and shipments reports, reaching 784 MW of shipments in the first nine months of the year and sales of more than $580 million.


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