Latest headlines

SolarWorld Q2 shipments, revenues rise, as legal troubles mount

SolarWorld production

SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to €222 million ($246 million), while achieving an EBIT profit of €20.5 ($22.7 million) million.


Small and large scale solar to reach global grid parity by 2020, says Frost & Sullivan

Solar installation by Belectric.

Global Solar Power Market 2016 report suggests costs of solar to fall dramatically over next five years as Asian market share increases and North America reaches 20 million residential PV prosumers.


Sunrun secures $33m loan facility to finance SREC portfolio

Sunrun residential installation.

The U.S. residential solar company closes non-recourse term loan facility to help finance solar renewable energy credits portfolio for roll-out in northeast states of Maryland, Massachusetts and New Jersey.


UK solar leaders launch comprehensive commercial rooftop PV guide

Commercial solar rooftop installation.

PV booklet produced by the U.K.'s BRE National Solar Centre and the Renewable Energy Association sets out pathways for greater uptake of commercial rooftop solar nationwide.


Deutsche Bank: U.S. utility-scale solar costs to fall below $1 per watt

The bank says that lower-than-expected U.S. demand coupled with significant new module supply is leading to greatly reduced costs and prices in the U.S. market.


Total control: billion-dollar buyout of Saft completed

Total insignia.

The French giant has finalized the acquisition of the battery producer in a deal thought to be worth $1.1 billion, via the completion of a successful share tender.


Nigeria government signs MoU with IPP consortium for 300 MW of solar power

Nigerian landscape.

Nigus Greenergy and Volt Renewables have signed a memorandum of understanding for the development of 300 MW of solar PV plants in the African country to be developed and commissioned next year.


India to double large-scale solar target to 40 GW by 2020, says minister

Solar in India.

Secretary of the Ministry of New and Renewable Energy confirms new generation target of 40,000 MW of solar park capacity likely to be signed off by PM Modi as India seeks buffer to SunEdison-type dangers.


China's Hubei Province added 800 MW of new PV in first six months of 2016

Solar in Hubei.

State Electricity Supervision Bureau of North China claims, as of June 30, 2016, grid-connected PV capacity in Hubei Province exceeded 1 GW, reaching a total of 1.28 GW. Newly added installations during the first half of 2016...


British fossil fuel energy veterans invest in storage startup Moixa Technology

Moixa's Maslow battery is available in three different sizes.

Three former bosses of large U.K. energy firms confirmed as private backers of new London-based battery technology provider Moixa Technology.


Kaco New Energy restructures Germany site, eyes global opportunities

Kaco inverter production.

The German inverter supplier to cut 80 jobs at its Neckarsulm HQ as part of restructuring process, some roles to be transferred to the firm’s U.S. and South Korean operations.


California ISO hits new solar record

Solar installation, U.S.

The Californian Independent Solar Operator Corporation unveils data showing the state hit a new record of 8,030 MW of solar generation this week.


The pv magazine weekly news digest

Hemlock Semiconductor HQ.

The SolarWorld-Hemlock case dominated the news this week, but Intersolar North America, EU investigation into alleged Chinese malpractice and India’s soaring PV ambitions also turned heads.


India will meet climate goals ahead of schedule, says outgoing energy minister

Solar installation, India.

Prakash Javadekar, who is to soon vacate his post as India's climate minister, has told a Delhi conference that India could meet its renewables and carbon reduction goals earlier than planned.


Trina Solar pushes industrial-scale multi PERC efficiency to 20.16%

Trina Solar module production.

The Chinese solar firm achieves new record efficiency for its industrially produced multicrystalline silicon PERC cells, and also ups efficiency of its P-type double print cells to 18.7%.


Sungrow announces $170m storage partnership with Samsung

Samsung storage series.

The Chinese inverter specialist officially launches the Sungrow-Samsung SDI Energy Storage Power Supply Co., Ltd joint venture in China.


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