Latest headlines

London: Europe's next wave of solar needs to be smart

Digitalized, decentralized and smarter: the solutions that could solve Europe's solar bottleneck.

Solar power is at the forefront of a smarter energy sector, but to enable a new wave of PV installations in Europe, solar needs new regulatory frameworks that value flexibility, says the Smart Energy UK and Europe conference in...


Leclanché selected for 13 MW energy storage project in Canada

Leclanché plans to start construction on the energy storage project this spring

Leclanché SA has been selected to supply a 13 MW/53 MWh energy storage system for what has been described as one of the largest Grid Ancillary Services projects in North America. The projects are scheduled to be live this Q4.


SunEdison closes on Dominion deal, sells stake to Terra Nova

The deal was first announced in September

SunEdison yesterday closed a deal to acquire a 33% stake in Virginia-based Dominion’s 567 MW solar PV portfolio. The renewable energy developer simultaneously sold the stake to Terra Nova Renewable Partners for the same amount.


First Solar signs 550 MW of PPAs with SCE

The new deals see SCE with 2.2. GW of solar under contract from First Solar

First Solar, Inc. has signed 500 MW of power purchase agreements with Southern California Edison (SCE) for four of its solar PV projects. The new deals see SCE with 2.2. GW of solar under contract from the thin film company.


India: $743 million funding for 5 GW of solar, 30,000 jobs; record low tariff in Rajasthan

Modi's government is stepping up to the solar challenge

The Indian Government will provide around US$743 million for 5 GW of grid connected solar PV projects up until 2020. It envisages a total investment of $4.4 billion and the creation of 30,000 jobs under the program. In related...


Energy storage commercially viable, 900 MW expected in 2016

900 MW of energy storage projects are expected to be installed in 2016

The energy storage market is shifting from R&D demonstration projects to a commercially viable market, states IHS, Inc. Q4 2015 saw a 45% increase in the global project pipeline, while 900 MW of projects are expected to be...


Asia Clean Capital secures $40 million in financing

Asia Clean Capital rooftop solar  project

The group will accelerate and expand its rooftop solar solutions business in China, where it covers the cost of designing, engineering, installing and maintaining solar installations for leading companies.


Solargiga boosts 2015 revenue, shipments

Solargiga factory

Solargiga saw a sharp increase in the sale of generated electricity. The Chinese company is in the process of doubling its PV module production capacity.


Greenheart Tree Energy eyes solar development in Guyana

Guayanese ministers meet with representatives of Canada's Greenheart Tree Energy.

The Guyanese government has welcomed proposals by the Canadian company to develop solar farms in the South American counttry.


Developer interest wanes in Indian solar PV tender

India GE Welspun Neemuch

Bridge to India says a number or reasons detered developers from participating in the 500 MW tender in Maharashtra. The research group expects a similar muted response in three upcoming tenders in Gujarat, Uttar Pradesh and...


ViZn Energy Systems wins flow battery system contract from INL

ViZn Energy battery system

Idaho National Laboratory, part of the U.S. Energy Department's national laboratory network, will use the battery system for research and development.


IRENA: 36% renewables share to boost GDP by $1.2 trillion, create 14 million jobs

Solar PV is the leading employer in the renewables industry

A new report from IRENA has calculated that a 36% renewable energy share in the global energy mix by 2030 would boost GDP by up to US$1.3 trillion. Over 14 million new jobs would also be created, of which solar would account for...


SMA launches Tesla-compatible home storage inverter to capitalize on high demand potential

SMA is looking to reatin its leading position in a fast-changing marketplace

SMA Solar Technology AG has launched what it says is the first AC-coupled inverter system for high-voltage batteries. It is hoping to tap into a storage application market worth up to EUR1.2 billion. The Sunny Boy Storage will be...


Shunfeng warns of 90% profit decrease, completes Suniva acquisition

Shunfeng has issued a new profit warning for 2015

In a busy week for Shunfeng International Clean Energy Limited, the Chinese company has issued a 2015 profit warning, where it expects consolidated profit to fall 90% YoY. It also now officially owns a 63% stake in Suniva; and...


SPI to begin trading on Nasdaq

SPI is set to begin trading tomorrow

SPI Energy Co. Ltd is transferring to the Nasdaq Global Select Market for trading from January 19, 2016, under the ticker symbol "SPI". Chairman, Peng Xiaofeng is expected to ring the bell in New York.


India: Solar capacity passes 5 GW, 750 MW project receives IFC support

The 750 MW solar project will be installed in India's Madhya Pradesh

India’s cumulative solar capacity has surpassed 5 GW, with 1.385 GW installed this financial year. Around 18 GW in tenders are expected to be out by March 31. In related news, World Bank Group member, IFC has pledged its support...


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