Latest headlines

Enel Green Power revenue flat for 2015, EBITDA falls 5.3%

EGP solar farm.

The Italian clean energy developer posts total revenue for 2015 of EUR 3bn, which mirrors 2014 performance; net installed capacity of clean energy reaches 10.5 GW, a 9% increase.

Turkey: 2013 a critical year for solar energy development

Turkey Centrosolar solar photovoltaics

2013 is expected to be a pivotal year for the Turkish solar industry, as the country’s Energy Market Regulatory Authority gears up to distribute PV production licenses for projects larger than 1 MW. Meanwhile, cumulative capacity...

Insolvency proceedings open for Asola Solarpower

Asola Solarpower HQ Germany

Germany-based Asola Solarpower is experiencing financial difficulties. Nevertheless, the company’s insolvency administrator sees good opportunities for redevelopment via a realigned business plan.

Yingli top global PV module supplier in 2012

pv modules

Yingli was the top module supplier in 2012, as previous leader Suntech slipped to fifth place in the rankings, according to an analysis published by research company IHS. Meanwhile, photovoltaic companies are said to be...

US: Insufficient funding for energy research

MIT Professor Dr. Ernest Moniz made his pledge at the full committee hearing held this Tuesday, which will eventually decide if he is the man to take over as U.S. Secretary of Energy. The fact the U.S. is not spending enough on...

PV predicted to produce 110 TWh in 2013

US solar photovoltaic plant

According to a new report issued by the International Energy Agency (IEA), already installed photovoltaic systems will produce "at least" 110 TWh, or 110 billion kWh in 2013, thus representing 0.5% of global electricity demand....

JinkoSolar sees huge 2012 losses

JinkoSolar solar photovoltaic modules

JinkoSolar recorded a number of hefty losses, both sequentially and annually. CEO, Kangping Chen blames continued photovoltaic module oversupply and lingering global economic certainties. He is, however, confident of the...

Advanced Energy acquires Refusol

Refusol solar photovoltaic three-phase string inverters

Following the signing of a contract by both parties, German photovoltaic inverter company Refusol is now a part of U.S.-based Advanced Energy Industries.

Centrosolar unveils stark debt reduction plans

Centrosolar HQ Germany

Germany-based Centrosolar Group AG has unveiled a number of approved measures aimed at cutting its around €90 million debt burden. Included in these are a capital reduction of 25:1 and the issuance of new shares.

UK: Martifer Solar completes 28.1 MWp PV project

UK solar photovoltaic utility

Portugal-based Martifer Solar has commissioned a 28.1 MWp photovoltaic project in the U.K. Spread across a number of systems, construction was completed in 15 weeks.

Central Europe smart grid market worth $10.3 billion by 2023

A smart meter.

The smart grid market in central and eastern Europe (CEE) will be worth a cumulative $10.3 billion by 2023, according to a report by market research group Northeast Group LLC.

Euro PV companies petition EC over Chinese module tariffs

EU flags flying.

Representatives of more than 1,000 representatives from European companies have written to the EU to criticize any plan to apply anti-dumping duties to Chinese-made solar modules.

Buffett rumor sees Suntech stock surge

Suntech's main Wuxi manufacturing unit has gone into insolvency.

With shares in insolvency-hit solar manufacturer Suntech leaping yesterday to close at US$0.48 on rumors Warren Buffett is interested in a purchase, all eyes will be on the stock when the market reopens at 3.30 pm today.

Downstream solar dominates VC funding scene

A Bosch solar module.

Downstream solar companies dominated the global venture capital (VC) fundraising arena in the first quarter of 2013, finally benefiting from historically cheap panel prices, according to consultants Mercom Capital Group.

SMA: Strong push for innovation in Germany

SMA's Pierre-Pascal Urbon.

A tough domestic market prompted solar inverter company SMA to raise 70% of its revenues from outside Germany in 2012.

Israel: Hydrogen-bromine flow battery goes online

EnStorage Inc. has developed the first ever grid-connected hydrogen-bromine (HBr) flow battery with its 50 kW battery connection at the company's test site in southern Israel. The battery is said to provide up to 100 kWh of...

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