Latest headlines

Canadian Solar to supply 112 MW of PV modules to Sunrun in 2016

This large purchase by the third-largest U.S. residential installer shows diversification away from REC Solar, its main supplier for the last two years.

SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

Apple, SunPower join forces to invest in 170 MW of solar in Inner Mongolia

Apple is aiming to power all its facilities with 100% renewable energy

Apple Inc. is investing around 40% of the RMB 659 million required to install 170 MW worth of solar PV plants in Inner Mongolia. SunPower and Zhonghuan Semiconductor are providing the remaining funds.

India: Waaree wins contract for 75 MW PV plant, orders 100 MW Huawei inverters

Huawei string inverters.

The Indian EPC last week secured the rights to develop a 75 MW solar PV plant in the Indian state of Gujarat, prompting an order for 100 MW of inverters and smart PV solutions from China's Huawei.

End of German energy storage funding will see market drop 13% in 2016

A further effect of the expiring subsidies is an expected end of year rush from those looking to profit from the scheme

The expiration of Germany’s energy storage program this December is expected to see market growth contract 13% in 2016, says EuPD Research. This year, up to 16,000 small scale solar+storage systems are forecast to be installed in...

British public vastly overestimate solar support levels, poll finds

Solar BIPV, U.K.

According to a new YouGov poll commissioned by the Solar Trade Association, subsidies for U.K. solar power are 22 times less than people actually think, comprising just GBP 9 per consumer per year.

US DOE awards $125m for 41 transformational energy tech projects, including solar

U.S. Energy Secretary Ernest Moniz.

Funds issued as part of the Department of Energy's Advanced Research Projects Agency-Energy to be issued ahead of the UN Climate Change talks in Paris as part of wider investment in low carbon economy.

Solar O&M market to surpass 390 GW by 2020, says GTM

SMA O&M in the field.

Report from GTM Research forecasts a tripling of the global solar operations and maintenance market from 133 GW this year to more than 390 GW by 2020, growing even in regions where PV expansion has stalled.

Germany: LG Chem to supply batteries for Steag’s 90 MW energy storage project

Steag completed a 1 MW energy storage project at its power plant in Völklingen-Fenne in 2014

LG Chem will supply Steag with six of its large-scale lithium ion (Li-ion) batteries for what will become the largest energy storage system project of its kind, when complete, in 2017. Steag is investing EUR 100 million in the 90...

Turkey: New directive sees import duties on solar modules

Solar modules coming into Turkey will be subjected to import tax from this December

Turkey has issued a new directive, which will see solar modules charged an import tax of around US$125, determined by weight. The new regulation will apply to all PV manufacturers outside of Turkey from December 19.

SunEdison fires TerraForm Power President & CEO Domenech, shifts board

The company's management changes follow a shift in strategy, with an attempt to be more “boring” after rapid growth spooked investors.

Sungrow enters downstream solar market with 600 MW, $939 million investment

Sungrow is entering the downstream solar business

Following the module manufacturers’ lead, China’s largest inverter manufacturer, Sungrow, is entering the downstream solar business, having signed an agreement with the Chaohu municipal government in east China to develop up to...

$45 million Solyndra settlement behind Trina Q3 loss, despite 1.7 GW record shipments

Trina CEO Jifan Gao

China’s Trina Solar has racked up a record 1.7 GW solar module shipment record in Q3 2015, however a US$45 million settlement with Solyndra trustees has plunged the manufacturer into a $20 million loss for the quarter.

US, Japan and South Korea to install 1.4 GW of energy storage between 2015-16

Energy storage system costs will come down significantly by 2019

The U.S., Japan and South Korea are the leading energy storage markets worldwide, says IHS, with each forecast to exceed 100 MW of annual installations this year. Between 2015 – 16, they are set to install 1.4 GW of new capacity....

Emerging markets attract most renewables investment

Solar is playing an increasingly important role in Africa

New renewables investment in 2014 in 55 developing world nations reached US$126 billion, finds a new report, over half of which went to emerging markets. The increase was recorded, despite a general slowing in economic growth....

CSun reports falling shipments in Q2, $10.3 million loss

CSun in Turkey.

Troubled Chinese manufacturers China Sunergy has released its delayed Q2 2015 results, in which its shipments fell as it reduces OEM production. The company reported a loss for the quarter of US$10.5 million, down from $12.2...

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