Latest headlines

Hanergy dumped from MSCI index

Hanergy HQ.

Index compiler MSCI to remove troubled Hong Kong-based solar firm Hanergy from its index as of September 1 following 50 business days of trading inactivity.


The pv magazine weekly news digest

Charlemagne

Aachen and Kostanz once again take a pivotal role in world history, the Chinese make David Cameron's job that bit easier and Hawaii and Scotland feature in the same story - you'll only find that in pv magazine.


SolarWorld bets big on U.S.

SolarWorld CEO Frank Asbeck.

CEO Frank Asbeck's restructuring seems to have succeeded but his company is heavily dependent on the U.S. market. $676m lawsuit could still bite resurgent German PERC manufacturer.


Euro-dollar woes hit Etrion

Swiss developer Etrion is pinning its hopes on Japan, rather than Chile over the coming year.

Weakness of the euro has hit Swiss developer's bottom line. Etrion is looking to Japan, rather than Chile to turn around net losses.


Egypt launches 200 MW solar PV tender

River Nile, Egypt.

Announcement forms part of a 500 MW renewable energy push by the Egyptian Electricity Transmission Company (EETC), with 250 MW of wind and 50 MW of CSP also confirmed.


SMA cost cuts take effect in solid H1 financial results

SMA CEO Pierre-Pascal Urbon.

First half sales increase year-on-year by 26% to reach EUR 429.3 million as operating losses narrow over the second quarter, company transformation progressing as planned.


Construction of world's first modular large-scale storage system begins

SMA engineers.

E.ON and SMA to lead on 5 MW modular battery system, funded by the German Federal Ministry for Economic Affairs and located at Aachen University in Germany.


Hanwha Q Cells announces 78.6 MW solar deals in India, Philippines

Philippines skyline.

Korean solar firm will create joint venture with India's Azure Power for creation of 50 MW solar plant in Andhra Pradesh, also announces involvement on 28.6 MW PV project in the Philippines.


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.


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