Latest headlines

EMEX 2016: UK solar's ever-shifting tides

EMEX 2016 in London, UK. Image: Ilias Tsagas

Despite the gloom stemming from the UK's decision to scrap subsidies for large-scale solar and back nuclear energy, there are signs at London's EMEX 2016 show that the domestic solar sector is fighting back.

Germany's Abakus Solar applies for preliminary insolvency

Abakus Solar's 38.1 MW Great Wilbraham PV park near Cambridge, England.

German PV company Abakus Solar AG on Thursday applied for the initiation of preliminary insolvency proceedings in a local court in the city of Essen.

SolarCity closes $150 million financing facility for commercial solar and battery storage

SolarCity - ZEP installation

In addition to its new financing vehicle, which is aimed at solar projects for businesses, schools and government agencies, SolarCity has appointed former FERC Chairman Jon Wellinghoff as its new chief policy officer.

SMA acquires stake in US firm Tigo Energy

Tigo Energy’s TS4 Retrofit platform for module optimization

The leading German inverter manufacturer has purchased a 27% share in the California-based company with the aim of tapping into the smart module technology market.

IEA PVPS: Installed PV capacity at 227 GW worldwide

India PV installation

China remains the world's biggest market, heading towards 15.3 GW, well ahead of the EU and the U.S. with more than 7 GW each. The IEA PVPS describes India, with 2 GW, as "the rising star in the PV sector."

Turkey's solar market heats up

Istanbul, Turkey

A new manufacturing facility and increased activitiy from domestic as well as foreign players is boosting Turkey's solar sector despite some regulatory obstacles.

Massachusetts House, Senate approve bill to lift net metering caps

The compromise bill has sped through both Houses, and now will go to Governor Charlie Baker's desk. Under new regulations larger private solar installations will see compensation cut.

Global renewable energy capacity grew at record speed in 2015

IRENA infographic highlighting renewable energy capacity growth in 2015

Renewable power generation capacity grew by 152 GW in 2015, which, at 8.3%, is the highest increase ever recorded, predominately driven by huge capacity increases in Asia. Global solar capacity enjoyed unprecedented growth of 26%...

Ontario plans for 250 MW-AC of solar in 2nd phase of large renewables procurement

The province has doubled renewable energy targets in the 2nd phase of the LRP, citing lower than expected costs.

E.ON releases its home storage system, to add to a growing German market

The E.ON Aura system.

The German energy supplier released its all-in-one PV panel, storage device, energy app, and green electricity tariff today, to rival other prominent solar energy storage products in Germany’s fast-growing battery market.

Argentina establishes new landmark renewable energy policy

Argentina flag - Image by Finizio

Decree 531 outlines plans to create a trust fund of 12,000 million Argentine Pesos (USD819 million) for renewable energy this year, and also outlines bidding processes for renewable energy projects.

8point3 Energy Partners beats guidance & stays on course during Q1

The joint First Solar/SunPower yieldco delivered greater CAFD than its guidance, and remains on course to grow dividends 12-15% through the end of 2017.

Brazil: Enel begins construction of 158 MW solar plant

The project in Bahia is the third over 100 MW to break ground in Brazil in the last six months. Investment in the project stands at around US$175 million.

Healthy competition: An interview with Jenny Chase, BNEF head of solar

pv magazine spoke with Jenny Chase, who leads Bloomberg New Energy Finance's solar analysis, at the BNEF 2016 Future of Energy Summit in New York City. We discussed her thoughts on solar in the United States, Latin America and...

Yingli debt repayment extension proposal fails to reach agreement

Yingli Solar has asked for a 2-3 year extension on a $220m loan due to be repaid on May 12. The request is being considered by creditors.

Lead underwriter of $220 million loan due on May 12 takes into consideration Yingli's request for two-to-three year repayment extension but fails to confirm agreement.

287 MW PV plant in California approved despite objections

Ecologists warn that large solar power plants can be harmful for desert ecosystems

Soda Mountain, a 287 MW solar facility in the Mojave Desert in Southern California, was approved by the Obama administration. Ecologists warn about the heavy impact on the local wildlife.

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