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The pv magazine weekly news digest

Katie Price at a book signing.

Crippling debts and absentee chairmen hogged the headlines coming out of China this week but amid the madness, there was good news out of the US and the Middle East.


IRENA: Solar biggest renewable employer globally

Solar workers in California

Solar PV is the largest employer within the renewables sector, with some 2.5 million finding work in the sector. These are the findings from the International Renewable Energy Association (IRENA).


Stationary storage costs to remain high, despite predictions of $172/kWh Li-ion battery costs

Lux Research predicts that costs for "best-in-class" players' lithium-ion (Li-ion) battery packs will fall to US$172/kWh by 2025. These prices will primarily benefit the electric vehicle (EV) industry, however, with the...


Yingli Green Energy reveals hefty debt burden, may have to liquidate assets

Yingli Solar production facility.

The leading solar manufacturer issues SEC filing in which it raises specter of inability to meet its outstanding obligations, which currently stand at more than $1.6bn.


Turkey: JinkoSolar to supply 50 MW of PV panels to Tegnatia

Istanbul, Turkey

A joint venture between Turkey's T Dinamik and Egnatia Group in Greece, Tegnatia has become a leading solar EPC service provider in Europe.


AfDB report: Opportunities abound in Mali's growing renewable energy sector

AfDB's Renewable Energy in Africa: Mali Country Profile cover

The government of Mali aims to increase the share of renewable energy to 25% alongside a target for rural electrification of 61% by 2033 and is working to make investment in the sector more attractive.


EIA forecasts falling electric capacity additions in coming decades

Grid power lines, Denver, Colorado

With earlier planned capacity additions sufficient to meet most growth in electricity demand, annual capacity additions from 2025 to 2040 will fall more than 50% compared to 2000 to 2013 levels.


Panasonic aims for 1GW global PV module production

Panasonic Corporation is adding new capacity to two of its existing HIT PV module production lines in Japan under a US$79.3 million capital investment. It aims to increase global capacity to over one GW by 2016.


InnoSun, Delta Electronics partner on major PV project in Namibia

InnoSun's 4.5 MW Omburu PV park in Namibia

The French PV developer is using TSMC CIGS thin-film modules and Delta string inverters for the project, one of the first largest PV projects in the African country. Delta and InnSun plan to continue their collaboration on more...


Sungevity appoints new chief global officer as it expands in Europe

Sungevity Chief Global Officer Jan Slaghekke

The solar platform company is looking to expand its worldwide presence as part of a bolstered global strategy led by the newly appointed executive.


Tesla Powerwall battery coming to Germany in Q4

Tesla Powerwall battery storage system

The announcement of a new and low-priced home battery from U.S. manufacturer Tesla is has generated quite a buzz in Germany, although many questions have remained unanswered -- until now. pv magazine speaks to Tesla about its...


DTE Energy partners with Ford Motor, Domino's Farms to boost solar in Michigan

Ford Motor Company solar canopy car port artist rendering

The latest PV projects solidifies the Detroit-based energy company's position as the state's largest investor in solar.


SolarWorld narrows loss, increases sales in first quarter

SolarWorld installation

The U.S. remains a prime market for the German company, which increased shipments in the country by 170% to 116 MW. The U.S. now accounts for 57% of SolarWorld's module and kit shipments.


Azure Power commissions 100 MW plant in India

Azure Power project in Rajasthan

The installation is the largest capacity project under the country's Jawaharlal Nehru National Solar Mission. Azure is now the single largest owner and operator of projects under the National Solar Mission with a cumulative...


IHS: Chinese inverter prices declining as competition heats up

Sungrow inverters in California

Inverter prices are falling in China amidst greater consolidation. Domestic manufacturers are also expanding oversees despite the continuing boom in the country.


The pv magazine weekly news digest

Ukraine 31.55 MW PV plant

This week Russia unveiled plans to sell troubled PV projects in Crimea, China National Chemical Corp. finalized its acquisition of REC Solar and utility giant E.ON announced its partnership with Sungevity in Germany.


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