Latest headlines

Solar energy prices to drop by up to 12% in 2014

Rooftop solar installation, Denver, Colorado

Solar energy prices saw double-digit declines last year of between 12 and 19%. The trend is expected to continue in 2014 with further PV price drops of between 3 and 12%, according to NREL.


Gestamp Solar signs $28 million contract with Kuwait Oil for 10 MW PV plant

Kuwait City

The solar farm is the Spanish company's first project in Kuwait and in the Middle East. It is scheduled to be completed by the middle of 2015.


OneRoof Energy secures credit lines of $16.7 million

OneRoof Energy rooftop array

The San Diego-based company will use much of the new financing for its new residential solar fund and as working capital.


Greater energy efficiency target could deliver $100 billion boost to UK economy

Ed Davey and ministers.

Study by Cambridge Econometrics finds that a 40% reduction in the UK's energy use by 2030 could create 40,000 new jobs and deliver lower PV costs.


Phoenix Solar, Millennium Energy Industries team up in Jordan

Amman, Jordan

The German PV company and the Jordan-based energy group will jointly apply for tenders and plan plan to work togther in realizing PV projects in the Middle Eastern country.


Solar, wind grabbing more of nuclear energy share, study finds

Nuclear installation.

Worldwatch Institute finds that energy generation capacity from solar and wind power is eating into nuclear power's global energy share.


Ameren to add 45 MW of solar PV in Missouri

St. Louis, Missouri

Announcement forms part of a 500 MW renewable energy drive outlined under local utility's 20-year integrated resource plan.


Westinghouse Solar secures $100 million financing for solar loan program

Rooftop array.

The subsidiary of CBD Energy Limited has struck a financing arrangement that it hopes will make solar installations more easily available to customers.


Election of EU energy commissioner proves thorny

European commissioner-designate for energy and climate action Miguel Arias Cañete

In a stormy hearing last week, Spanish commissioner-designate for energy and climate action Miguel Arias Cañete sought to dodge questions about his oil industry past and provided only vague answers to questions about energy and...


RGS Energy pulls out of large commercial solar

The company formerly known as Real Goods will focus on the residential sector, where it holds a top-10 position among installers, as well as commercial PV under 200 kW.


NRG moves deeper into U.S. residential solar with Pure Energies acquisition

The energy company plans to fold Pure Energies, which it describes as a leader in the area of web-based customer acquisition, into its NRG Home Solar business. This follows on NRG's acquisition of Roof Diagnostics Solar in March.


Vivint Solar IPO nets US$309 million despite troubled market

Vivint Solar has successfully launched its initial public offering under the symbol VSLR, as ongoing protests in Hong Kong impact global markets. The pricing of the company's shares came in US$16, the low end of estimates.


UK: £300 million in subsidy support for renewables

Solar farm, Devon, England

The increased budget will be split between the various renewable energy technologies bidding for subsidy support. The country's Solar Trade Association says the government's decisions "represent serious tragic mistakes in energy...


Solarrus acquires MaxGen, expands O&M operations

35 MW facility in Nevada, O&M services provided by MaxGen.

The alternative energy services company says the inclusion of MaxGen dramatically enhances its asset management capabilities for utility-scale solar clients. Solarrus will now be able to offer services across all project sizes.


Martifer Solar acquires nearly 90 MW of O&M contracts in Italy

Martifer Solar providing O&M services for solar plant in Italy.

The recent addition of Martifer Solar's Italian contracts solidifies its position as the third largest vertically-integrated O&M player in Europe.


EU SmartFlex production line to make custom solar facades

Located in Lithuania, the new 50 MW capacity factory will manufacture individually designed solar facades on an industrial scale as part of an EU project.


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