Latest headlines

5 MDBs pledge $170 billion in climate financing

Clean energy financing is ramping up ahead of COP21 next month

Ahead of the 2015 United Nations Climate Change Conference, or COP21, five multilateral development banks (MDBs) have pledged to increase climate financing to US$170 billion over the next five years.

IHS increases 2015 PV forecast to 59 GW, 2016 to 65 GW

Solar PV installation activity in China has contributed to IHS' increased forecasts

IHS Inc. has raised its global solar PV forecasts for the next two years, to 59 GW and 65 GW, respectively. The U.S. and China are leading the charge. In 2019, meanwhile, over 70 GW is expected to be installed.

Trade case: Taiwan investigates 7 solar manufacturers

Seven solar companies are under investigation in Taiwan

Taiwan’s Ministry of Economic Affairs is reportedly investigating seven local solar manufacturers who have been labeling products made in China as coming from Taiwan, before shipping them to Europe. The companies were fined in...

19% of Chile's electricity to be solar in 2050

Chile's government roadmap calls for 41% of the nation's electric demand to be covered with solar and wind, with nuclear phased out.

Bosch exits PV with thin film closure

With the closure of Bosch Solar CISTech, Bosch is completely out of the PV game

Marking its exit from the PV industry, Bosch has announced it will close thin film PV development site, Bosch Solar CISTech GmbH, having failed to find a suitable investor. An exact date for the closure has not been given. 180...

Spain's government approves the “sun tax”

A new self-consumption decree states that installations up to 100 kW provide electricity to the grid as a gift. High taxes are spared only partially for systems up to 10 kW and plants on islands off the coast of Spain.

The pv magazine weekly news digest

Fraunhofer solar cell research.

The race for solar panel efficiency heats up, SunEdison goes for a more streamlined model, Europe wants to nip the MIP in the bud, and Germany lends a helping hand to India.

Solar Decathlon kicks off amidst NREL layoffs

The U.S. Energy Department's Solar Decathlon kicks off Oct. 8, 2015

As international university teams compete on innovative solar home designs, the U.S. Energy Department's National Renewable Energy Laboratory, which has been instrumental in organizing the popular challenge, is facing increasing...

Nigeria Alternative Energy Expo sets sights on solar

Abuja, Nigeria

The conference will seek to match renewable energy project developers with global investors and examine innovative solar financing programs and off-grid solutions.

China increases solar installation target for 2015

20 MW Golmud PV plant

The country's National Energy Administration is requiring new projects to be completed by the end of 2015 and connected to the grid by the end of June next year, a move that has led to increased installations for the year.

Punjab aims for full sustainability

Inauguration of Welspun PV plant in Punjab, India, October 2015

Leaders in the Indian state have reiterated their commitment to solar photovoltaic power as they inaugurate the region's largest green energy project.

Global solar investment shows flat growth in Q3 2015

Bloomberg New Energy Finance reports a 1% year-over-year fall in global solar investment to $43.9 billion, but notes distortion by currency effects.

UK: First round of solar job losses announced as FIT cuts bite

Solar rooftop installation.

Solar panel insulation company Mark Group calls in administrators as 939 staff made redundant following decision by SunEdison to offload the subsidiary as it exits U.K. market; company directly blames FIT cuts.

Singulus lowers 2015 forecast despite solar sales uptick

Singulus CEO Dr. Stefan Rinck.

German equipment manufacturer's optical disc segment failing to meet expected demand, forcing an overall revision downwards of revenue for the year despite sales in solar segment expected to double.

IRENA calls for energy roadmaps to integrate renewables

"Power sector transformation should focus on a transition of the system as a whole, and not treat the integration of renewable power generation as a separate issue."

IRENA has released a new report outlining measures for the development of national roadmaps to assist in the transition to renewables in a country’s power grid. Policy makers will need play a central role in successfully...

Energy Storage Systems secures $3.2 million flow battery VC funding

Battery system.

Pangaea Ventures invests in the Oregon-based developer's All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.

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