Latest headlines

COP21: Banks, businesses step up clean energy investment commitments

The COP21 summit runs from November 30 to December 7.

In addition to the world’s leading development banks agreeing to work together to increase climate investment, the last two days have seen the RE100 initiative welcoming a number of new participants looking to commit to 100%...

COP21: India to install 12 GW of solar in 2016

Modi launched the International Solar Alliance in Paris, yesterday

At the unveiling of the International Solar Alliance on the first eve of COP21, Indian Prime Minister Modi said India will see 12 GW of new solar capacity installed in 2016. He added that the alliance is a "sunrise of new hope"...

Global adoption of Chinese inverters limiting revenue growth, IHS says

Sungrow inverter, California.

Year-on-year inverter shipments grow by 35% over the first nine months of the year, but revenue growth over that time increases just 4%; growing acceptance of cheaper Chinese inverters putting price pressure on the market.

Indian state Karnataka to lower rooftop PV tariff, announces 1.2 GW tender

3 MW solar PV development, Karnataka.

Karnataka Electricity Regulatory Commission and Renewable Energy Development Limited announce changes to the state's solar landscape designed to encourage greater development in ground-mount PV.

Solar Impulse secures $20m funding to complete second leg of journey

Solar Impulse 2 at its home hangar in Switzerland.

The solar-powered aircraft, grounded in Hawaii since July, has raised the funds required to complete its round-the-world journey attempt, confirms pilot and co-founder Andre Borschberg.

Solar, wind power output to surpass shale in five years, says Goldman report

Solar and wind will grow by more than 110 GW this year, with PV surpassing wind annually for the first time in 2018, the report finds.

New solar and wind capacity additions between 2015 and 2020 will add more power globally than U.S. shale-oil production did during 2010-2015, according to a new report by Goldman Sachs.

Ecosolifer chooses Santa Catarina for its Brazilian PV module factory

The company plans to manufacture its multi-junction PV modules in the Southern Brazilian state, and is currently investigating locations.

Abengoa US yieldco faces uncertainty as parent company opens insolvency proceedings

280 MW CSP plant from Abengoa.

Commencement of insolvency proceedings in Spain sparks real fears of contagion for Abengoa Yield, the U.S.-based subsidiary of the Spanish renewable energy company.

India plans $1bn private equity fund for solar and renewables

Indian solar installation.

Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.

COP21: Coalition of billionaires, 20 governments pledge increased clean energy investment

Bill Gates unveiled the Breakthrough Energy Coalition in Paris on the first day of the climate talks

Under two initiatives aiming to work in tandem, an international coalition of billionaires, including Microsoft’s Bill Gates, Alibaba’s Jack Ma, and African Rainbow Minerals’ Patrice Motsepe have pledged to channel their cash...

UK: STA notes solar job losses already underway

Solar installation, Bentley.

Up-to-date survey of just 10% of the British solar sector reveals that thousands of jobs have already been lost; extrapolated for the entire industry the data suggests that as many as 6,500 positions could have been lost.

Energy Watch Group releases PV graphics to again highlight IEA’s unrealistic renewable scenarios

IEA's solar PV projections have "consistently" missed the mark

Following its comment in September that the International Energy Agency (IEA) is "holding back" global renewable expansion by consistently underestimating its supply potential, the Energy Watch Group (EWG) has now released...

India and France to launch solar alliance on opening day of COP21

The COP21 summit in Paris begins today, kickstarting two weeks that could prove crucial in determining the world's stance on tackling climate change.

Solar alliance first of many anticipated agreements and pledges over the coming two weeks in Paris, which could prove crucial in determining how the globe tackles climate change in the few years.

Forum Solarpraxis: From energy decentralization to digitization

The 16th Forum Solarpraxis discussed the transition from energy decentralization to digitilization

The energy sector has undergone huge changes over the last years, mainly due to the decentralization of energy systems and the increasing role of renewables. While the sector’s defining characteristics continue to shift, a new...

Dubai set to lead MENA with 25% by 2030 solar goal

Dubai authorities and a solar light.

The Emirate kingdom of Dubai has announced a program that will see it generate 25% of its electricity from solar by 2030. Along with an announced 5 GW expansion of the Sheikh Mohammed Bin Rashid Al Maktoum Solar Park, the Dubai...

The pv magazine weekly news digest

Berlin, Germany

The 16th Forum Solarpraxis kicked off in the German capital this week showcasing international developments in technology and policy and offering market assessments from industry reps. Developments in Germany and the U.K. could...

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