Latest headlines

Brazil predicts 4.5 GW of installations through expanded net metering rules

A virtual net metering policy has been introduced and the project size cap has been increased to 5 MW. Under the new rules Brazil's ANEEL expects 4.5 GW of renewable energy installations by 2024.

Despite rapid growth, yieldcos face money troubles

A new report by CohnReznick looks at the dramatic growth of yieldcos and the massive amount of cash they have raised, but also the difficulties that yieldcos are having due to depressed stock prices.

Mexico to hold its first post-reform electricity auction

The contest will be resolved at the end of March 2016. Under the auction, clean energy certificates will be issued in addition to power and capacity contracts.

The pv magazine weekly news digest

Delhi, India

India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week's...

IBC Solar expanding operations globally

IBC Solar PV power systems atop the Grupo de Energia building in Bogota.

The Bavaria-based PV systems group has repositioned itself. In addition to the German market, IBC Solar is strengthening its activities in sales and project business in Latin America and other countries.

Elite Solar: More than US$7 million in new solar contracts

Elite Solar PV installation, San Antonio Elementary School

With more than a dozen projects currently under development and several more about to begin, the California solar company is expecting revenues this year to soar 140%.

Tesla still in talks for German battery fab

BMWi production in Leipzig

Electric car production is likely to accelerate in the wake of the VW emissions scandal, according to Audi's top U.S. exec. While Daimler appears content to use Asian-made batteries, there are increasing calls for German...

US Energy Department: US$22.7 million for 23 solar tech projects

Combined solar and storage

The new government program is aimed at supporting projects with the potential to significantly reduce the costs for solar energy systems while also boosting U.S. competitiveness and strengthening the country's clean energy...

389 MW of solar comes online in Honduras in 2015 to date

This rapid pace makes Honduras the second-largest solar market in Latin America in 2015. Plants commissioned since the first of the year include one larger than 100 MW and another 61 MW.

Li-ion battery costs to fall 50% in next 5 years, driven by renewables

Storage is essential for increased renewables uptake

Capital costs for lithium-ion (Li-ion) batteries are expected to come down by around 50% over the next five years, as a result of increased renewables generation, among other factors, finds Lazard in a new study looking at the...

Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities

Wind turbine in the sun.

The wind giant reveals bold investment plans in India's solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.

India's rooftop PV capacity to hits 525 MW, says Bridge to India

India's rooftop PV sector has grown by 66% over the past 12 months.

Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.

UK to phase out all coal plants by 2025

Coal plant.

Energy Minister Amber Rudd delivers speech calling for an end to 'outdated' energy source, with natural gas and nuclear power to be ramped up to plug the power gap.

Correction: Trina Solar signs MoU for $518m fab in India's Andhra Pradesh


Local reports suggest the Chinese solar firm has penned a memorandum of understanding with the Andhra Pradesh government to develop its 2 GW, Rs 2,800 crore solar manufacturing facility in Atchutapuram.

JA Solar ships record 1.1 GW in third quarter

JA Solar module inspection.

Record revenue and shipments underline strong third quarter for the Chinese solar firm that surpassed high end guidance forecast from Q2; China represented more than half of its total shipments.

Strata Solar given green-light for 50 MW solar farm in Mississippi

The Strata Solar development will be the largest solar farm in the state of Mississippi.

Developer to collaborate with Mississippi Power to build a 50 MW solar farm in Hattiesburg that will become the largest single solar installation in the state.

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