Latest headlines

Forum Solarpraxis: It's all political for Europe's big two solar powers

Attendees at the 16th Forum Solarpraxis in Berlin have been buoyed by the news that the German storage subsidy is set to be extended for three years.

Contrasting fortunes for the German and U.K. solar PV markets in 2016 will suppress the European solar landscape as policy changes take effect.

NREL: Economic potential of renewable power rising fast

Solar engineer, Aurora, Colorado

"In just four years, thanks to falling renewable energy technology costs, economic potential has more than tripled," the National Renewable Energy Laboratory says.

DOE: New report paves way for energy future

National Solar Thermal Test Facility, Sandia National Laboratory

Solar PV power has increased tenfold over the past four years, according to the U.S. Department of Energy's 2015 Quadrennial Technology Review.

IRENA: Renewables set to deliver climate solution

IRENA's REthinking Energy 2015 report

The renewable energy organization's latest report outlines actions that can limit the global temperature increase to below 2 degrees Celsius by accelerating the transition to renewable energy.

Latin America: IDB backs energy efficiency green bonds

Mexico City

The Inter-American Development Bank is facilitating up to $450 million in financing to underwrite energy efficiency projects in several Latin American countries.

UK embraces nuclear, gives energy intensive sector free ride

George Osborne, chancellor of the Exchequer

David Cameron's government is aiming to make the U.K. a leader in nuclear reactor technology while spending billions on cleaning up ageing nuclear sites. While eliminating environmental tariffs for big industry, it's also...

Saskatchewan sets 50% by 2030 renewable energy target

Saskatchewan's plan to double its share of renewable energy generation will include procuring at least 60MW of utility-scale solar through auctions beginning in 2016.

Brazil predicts 4.5 GW of installations through expanded net metering rules

A virtual net metering policy has been introduced and the project size cap has been increased to 5 MW. Under the new rules Brazil's ANEEL expects 4.5 GW of renewable energy installations by 2024.

Ireland's solar landscape could reach 3.7 GW by 2030, says report

KMPG's report analyzes the forecasted levelized cost of solar in Ireland, and suggests that grid parity could be reached by 2030.

Report produced by KPMG and commissioned by the Irish Solar Energy Association foresees a potential nationwide solar sector reaching 3.7 GW by 2030 with just EUR 670 million of support.

India: Punjab state reaches 1.5 GW of allocated solar PV

Punjab Chandigarh Palace of Assembly.

Punjab's New and Renewable Energy Minister Bikram Singh Majithia confirms that the state now has projects amounting to 1,550 MW at various stages of development; a 172-fold increase in just three years.

Sky Solar reaches 242 MW of shovel-ready projects

Sky Solar PV plant.

Hong Kong-based solar firm releases solid third quarter financial report revealing a 1 GW solar park pipeline and year-over-year revenue increase of 17.3%.

World Bank plans $16bn fund to fight African climate change

Solar in Kenya.

World Bank will push for investment from development organizations, private partners and governments, while footing $5.7 billion itself to help stem the causes of climate change in Africa.

Jordan signs 50 MW PPA agreement

Solar in Jordan.

Deal struck between Spain's Fotowatio Renewable Ventures and Jordan's National Electric Power Company for a 50 MW solar plant to be located some 80km north of Amman.

SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

FOE: Finance for 100% renewables exist, but policies are absent

Solar is again the renewables king, accroding to FOE

In a new report, Friends of the Earth (FOE) calculates that switching to 100% renewable energy in Africa, Latin America and most of Asia by 2030 would cost US$5.15 trillion – equivalent to the amount held by the world’s 782...

India: Waaree wins contract for 75 MW PV plant, orders 100 MW Huawei inverters

Huawei string inverters.

The Indian EPC last week secured the rights to develop a 75 MW solar PV plant in the Indian state of Gujarat, prompting an order for 100 MW of inverters and smart PV solutions from China's Huawei.

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