Latest headlines

Solar Mosaic raises $220 million in new funding

Solar Mosaic office

The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company's average loan amount is $30,000, with interest rates ranging between...

Thailand aiming for 6 GW of solar by 2036

Bangkok, Thailand

As part of its efforts to increase its share of renewables, the Thai government is attracting major developers for the first phase of a 600 MW solar rollout.

UK: Energy Secretary comes clean about missing renewable energy target

UK Energy and Climate Change Secretary Amber Rudd

Proponents of renewable energy have lambasted the Energy Secretary Amber Rudd and the Conservative government for "willfully hiding" the expected shortfall from public scrutiny while cutting support for solar and wind subsidies.

California opens up public land for renewable energy generation

Imperial County, California

State and federal authorities have unveiled an ambitious plan that advances conservation goals in California's desert regions. The Desert Renewable Energy Conservation Plan would introduce a streamlined permitting process,...

UK solar and energy storage: Market enters new phase

UK rooftop (Solarcentury)

The British Photovoltaic Association has published a new report detailing the transition to a new kind of residential PV market. What role is energy storage playing in it?

California utilities agency increases efficiency with new storage system

Chino Hills, California

The advanced energy storage system will optimize renewable energy generation at its water management facilities, providing "an added layer of protection" against power outages and make it easier to share renewable resources.

Iran to host 1.25 GW solar PV project, reports Bloomberg

The Iranian Embassy in Berlin last year announced its clean energy goals, but movement since then has been slow.

A leading Iranian energy official tells Bloomberg that an unnamed German company will build several solar power plants in the province of the nation's capital, Tehran.

IEA talks Energy Transition, but still low-balls future growth of wind and solar

IEA's World Energy Outlook 2015 acknowledges the increasing importance of non-hydro renewable energy, but retains unrealistically pessimistic estimates of cost reduction and future market growth.

UK: Solar again tops popularity charts in latest poll

Rooftop solar installation, England.

Official government opinion poll on public attitudes to energy finds that solar is yet again the most popular, gaining 80% approval in poll that now tests mood of the nation every six, as opposed to three, months.

SunEdison project business booms amid a changing course

SunEdison reported a very strong quarter in its project business with far more solar and wind projects under construction than ever before at 2.9 GW, as the company shifts strategy.

Report: Germany will miss 2030 RE targets unless current policies change

Cumulative solar PV capacity will reach 75 GW in 2030 under REmap 2030

Germany will miss its 2030 renewable energy targets if current policies do not change, according to a new report by IRENA. However, there is potential to meet, or even exceed them, if renewables are better deployed in the power...

German coalition for no trade barriers grows, EC rules against EU ProSun’s calls for MIP benchmark change

The EU has terminated a review, requested by SolarWorld-led EU ProSun on January 29

Germany’s SAFE has gained a new supporter advocating for the removal of minimum import prices (MIPs) this December. In related news, the EC has rejected EU ProSun’s call for the replacement of the benchmark used for the MIP...

IHS: 272 GW of solar installs from 2016 - 2019

IHS sees solar PV module production going from just under 180 GW in Q4 2015, to just under 170 GW in Q1 2016, and then climbing to nearly 180 GW in Q2

IHS estimates that 272.4 GW of solar will be added globally between 2016 and 2019. 1H 2016 will see "strong" PV production and shipments; while China, the U.S., Japan, India and the U.K. will comprise the top 5 markets next year.

The pv magazine weekly news digest

Tell you watt: solar is becoming cheaper and cheaper right around the globe, as this week's leading stories have proved.

Solar's continued price decline caught the headlines for various reasons: In India's Andhra Pradesht the winning tender was so cheap verging on 'unattractive', in the U.S. Enphase was forced to slash costs to stay competitive,...

REC posts record Q3 revenue of $234 million, delivers global market outlook

REC solar installation.

Third quarter revenue is 39% increase on Q2, with U.S. market comprising 60% of sales over that period; module supply agreement for Thailand rises to 34 MW.

World’s eight major economies to double renewable energy capacity by 2030, WRI finds

Sao Paulo.

Study by the World Resources Institute finds that eight of the ten economies that lead the way in global emissions will double their use of renewable energy by 2030.

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