Latest headlines

Egypt preps tender for 30 GW of energy projects

solar PV plant near Egyptian pyramids

Government officials, public sector stakeholders and regulators will gather next month in Cairo for a special summit aimed at engaging investors and developers for a slew of major energy and infrastructure projects.

Insolvency petition submitted for Wuxi Suntech

Suntech solar photovoltaic module

Suntech Power Holdings Co. Ltd has today announced that a petition for insolvency and restructuring was filed against subsidiary Wuxi Suntech Power Holdings Co., Ltd on Monday, March 18. Wuxi Suntech has not objected to the...

Solarpack starts work on 25 MW PV plant in Chile

Chile flag

Solarpack has broken ground on its 25 MWp Pozo Almonte Solar project in Chile’s Tarapacá. It is scheduled for completion by the end of 2013.

Emerging countries to boost inverter market

Frost & Sullivan's new report "Analysis of the European inverter market for renewable energy systems" states that the market will reach €5.24 billion in 2018. 2012 saw earnings of more than €3.58 billion. Emerging markets in...

China: Suntech appoints former state-owned company exec president

Suntech HQ China Wuxi

Suntech Power Holdings Co. Ltd has appointed Weiping Zhou, former chairman of Guolian Futures Co., Ltd and finance department manager of government-owned investment company Wuxi Guolian Development (Group) Co., Ltd, executive...

Advancing solar securitization

The U.S. Department of Energy (DOE) has placed emphasis on the securitization of solar PV assets and associated cash flows in the marketplace. Securitization is expected to draw in more investors to the solar asset class. DOE's...

First Solar tops PV project developer list

First Solar signage

According to the latest data from Wiki-Solar, U.S.-based thin film manufacturer, First Solar Inc. is the top photovoltaic project installer globally, having added 759 MW across 11 sites.

Italy: Mitsubishi, INCJ and Solar Ventures to acquire up to 150 MW of PV projects

Italy flag

Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired a photovoltaic project portfolio in Italy worth 42 MWp. They are looking to add projects totaling 150 MWp to this.

SEIA: US PV system prices fall despite tariffs

US Orego solar photovoltaic plant

The impact of module prices are always discussed in connection with import tariffs on Chinese photovoltaic products. In the U.S. prices continue to fall, despite the tariffs imposed last year. However, the comparison is lopsided...

S.A.G. Solarstrom secures €40 million PV financing

Germany Bayern solar photovoltaic plant 1.04 MW

Germany’s Deutsche Bank has again agreed to finance S.A.G. Solarstrom’s photovoltaic plans for the coming year. Work is expected to begin in Q2 2013.

Germany: Altmaier still for storage incentives

Germany's Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he...

Planned German storage incentive criticized

The Energy Storage conference in Düsseldorf, Germany, began with more than 500 visitors. Project examples show the conditions under which storage systems pay off and make sense.

Japanese solar will overtake Germany and the US in 2013

A solar rooftop in Japan.

Japan's decision to turn its back on nuclear and offer the world's most generous PV FIT scheme is set to see the country overtake Italy, Germany and the U.S. this year to become the world's second biggest solar market in 2013.

Obama wants oil companies to pick up $2bn advanced vehicles tab

A Tesla electric supercar.

U.S. President Barack Obama has fleshed out the details of the clean energy proposals he referred to in his State of the Union address dedicated to setting out his second term objectives.

What next for Suntech?

Suntech's solar module facility at Goodyear, Arizona.

Today Chinese photovoltaic module manufacturer Suntech finally admitted it had received notice of default over the US$541 million worth of 3% convertible bonds, which went unpaid on Friday.

Utility-scale battery storage to top 25 GW in Asia Pacific in 2022

Photovoltaic battery storage.

The utility-scale advanced battery market in the Asia Pacific region will amount to 25.1 GW of storage and be worth US$12 billion in 2022, according to a report by Pike Research.

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