Latest headlines

Off-grid solar system brings energy transition to Alabama steel company

Cullman, Alabama.

Apel Stel Corporation's new 340 kW PV system, boasting more than 1,000 Suntech solar panels, meets 98% of the company's energy needs.

UK publishes revamped subsidy levels for renewables

UK Moor 1 2.7 MW installation, Spalding Lincolnshire

The Solar Trade Association applauded the move but took issue with some aspects of the country's new Electricity Market Reform, adding that developers may continue to rely on the existing Renewables Obligation scheme until 2017.

China's solar capacity to reach 10 GW in 2013

Shanghai, China

Total grid-connected solar capacity in China is set to triple to 10 GW by the end of the year. The country installed nearly 36 GW of new and renewable energy capacity in the first 10 months of 2013.

Australia hits 3 GW installed capacity milestone

Sydney Harbour, New South Wales, Australia

New figures have revealed that Australia has now installed 3 GW of solar PV. Rooftop arrays continue to dominate the market.

UK to cut solar subsidies, boost offshore wind support

London solar PV bridge

The British government says it will "rebalance" renewable energy subsidies in order to encourage private investment in offshore wind projects.

EDF launches first green bond; €350 million slated for solar

Toul Rosieres solar plant near Nancy, eastern France

The French utility company's first green bond offering will raise a total amount of €1.4 billion, 25% of which will be earmarked for solar power investment.

SolarReserve expands Down Under

Australia, Mount Tom Price iron ore mine

The California-based large-scale solar power project developer is looking to exploit opportunities in Australia's off-grid mining sector.

ReneSola, SunEnergy1 close 2013 with 63 MW of projects in North Carolina

SunEnergy1 Plymouth, NC solar farm

ReneSola and SunEnergy1 began their collaboration in 2013 and the partnership has resulted in 63 MW of PV installations in the U.S. state of North Carolina.

SunEdison secures $100 million for sale-leaseback fund

SunEdison PV installation

Financing partner De Lage Landen has agreed to a further investment in the fund, which SunEdison hopes will create new markets by attracting more customers.

Soft costs account for most of PV residential installation costs

Rooftop installation in Colorado.

A report by the National Renewable Energy Laboratory discovered that non-hardware costs account for up to 64% of the total cost of residential rooftop solar systems.

US solar stocks surge on brighter prospects for financing

Solar stock market traders

SolarCity's innovative bond offering, SunEdison's consideration of spinning off key assets into yieldcos and SunPower's geographically diversified portfolio are piquing the interest of market watchers.

Solar expected to be cost-competitive with natural gas by 2025

Gas power plant.

Lux Research predicts that far from being outshone by cheap natural gas, solar power will actually benefit from increased gas penetration and achieve cost parity by 2025.

Hitachi to introduce 1 MW storage system

Hitachi CrystEna concept graphic

The company is aiming to meet growing demand for energy storage and stabilization solutions as power grids face increasing challenges in coping with ever more renewable energy. Tests are to start in the U.S. early next year.

Quercus to fund 254 MW of PV projects for UK

PV solar farm in England.

The asset management company will team up with engineering firm Progressum to deliver 21 PV plants in central-southern England in a deal worth an estimated $490 million.

Bulgarian PV industry blasts government's 20% tax plan

Sofia, Bulgaria

The Bulgarian government is set to introduced a new 20% tax on renewable energy. The country's PV sector warns the move will scare off investors and reverse the country's progress.

Mascotte reveals details of disastrous acquisition


Mascotte's prediction of an impending half-year loss last week must have been an easy call. The company has written off Sun Materials' Yi-Lan plant at a cost of HK$845 million.

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