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Major Swedish parties agree to 100% renewable goal by 2040

Sweden flag

The five parties, including the coalition government, have agreed on a policy framework for long term future of the country's power generation, which includes the ambitious target of being 100% renewable by 2040.

Trina connects two-thirds of 300 MW solar plant in Yunnan, China

Yunnan province.

The vertically integrated solar firm has successfully connected 200 MW of the plant, and hopes to finalize completion on schedule.

Germany’s electricity export prices higher than import, reports Fraunhofer ISE

The chart shows Germany's foreign trade balance for electricity since 2006. It is projected to reach €1.5 - €2 billion by the end of 2015.

Data disproves claims by critics of the Energiewende that Germany is 'dumping' excess power on to neighboring countries, finding instead that its exported energy may earn the country EUR 2 billion in 2015.

JA Solar completes $70m Malaysian fab

JA Solar module inspection.

The Chinese solar company has confirmed that production at the facility in Bayan Lepas will begin in the next couple of weeks. Fab is JA Solar's first outside of China.

ABB Q3 earnings fall 21% YoY

ABB building.

Swiss-headquartered power and automation company reveals profits fell to $577 million in the third quarter of the year due to slowing demand in China and other emerging markets, company states.

UK: solar requires 50% less subsidy than Hinkley Point C nuclear plant, STA finds

U.K. Prime Minister David Cameron, seen here at Hinkley Point B, is expected to sign the Hinkley Point C development agreement with Chinese President Xi Jinping.

Analysis timed to coincide with Chinese President Xi Jinping state visit to the U.K. finds solar subsidy costs are just half those required for controversial nuclear plant in order for same power output.

Japan: Solar auctions considered as METI mulls changes to renewable incentives

Tokyo, Japan.

The Ministry of Economy, Trade and Industry discussed this week plans to resolve grid restrictions and effective ways to alter the renewable incentive program to make it more affordable, with auctions thought to be a preferred...

El Salvador extends key renewable energy tax incentives

In addition to extending the exemption the 20 MW ceiling has been removed, allowing utility-scale projects to receive benefits.

RWE commissions 16 MW Hungarian solar park

This 16 MW solar farm commissioned by RWE is located close to the town of Visonta, 2 km from Hungary's capital, Budapest.

German clean energy developer completes development of the country's largest solar PV plant: a 16 MW array near to the capital, Budapest.

China hits 9.9 GW of solar by Q3, says NEA

Golmud solar PV plant, China.

Country hits 38 GW of cumulative capacity after installing 9.9 GW by September 30, according to data published this week by the National Energy Administration; 2015 target recently increased to 23.1 GW.

UK: Renewables brought down wholesale cost of electricity by GBP 1.55bn in 2014

Solar farm, England.

Report by independent energy company Good Energy, backed by University of Sheffield, finds the impact of subsidies on U.K. bill payers has been lessened by renewable energy, which has served to lower wholesale electricity costs.

Octopus Investments sells GBP 400 million of UK solar PV projects

Solar farm in Lincolnshire.

The Royal Bank of Scotland and Investec Bank have closed the syndication of a GBP 400 million acquisition facility used to purchase a portfolio of 522 MW of solar PV projects located in the south east and west of the U.K.

China-owned CIGS manufacturer Avancis breaks ground on 1.5 GW fab

Avancis thin film modules in production in Germany.

The CIGS production facility is being built for CNBM, the building materials company that owns Avancis, and partners for a total investment of $1.62 billion.

Solar Frontier to cut panel production costs by 20%, plans overseas fab

The 900 MW Kunitomi production plant.

Japanese thin-film producer Solar Frontier is hoping to cut panel production costs at its fab in Miyagi prefecture to $0.40/W as it eyes increased competitiveness in the face of sustained Chinese price pressure.

IdeemaTec to supply 101 MW of solar trackers to Jordan

Jordan's landscape.

The German tracking and mounting company signs supply agreement with Jordanian government for the delivery of 101 MW of its safeTrack Horizon tracking systems.

19. October 2015 | | Comment now

2.1 GW-AC of solar PV under construction in Chile

Chile's CIFES also reports that 741 MW-AC of solar PV is now on line, which grew by 144 MW in September.

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