Latest headlines

UK to propose drastic FIT cuts starting 2016

Rooftop solar PV installation, U.K.

Department of Energy and Climate Change (DECC) also proposing enforcement of default FIT degressions each quarter; STA labels review 'alarming'.


Pattern secures financing, begins construction on 122 MW Chile solar project

1 GW of new solar PV installations are expected in Chile this year

Pattern Energy Group LP has begun construction on a 122 MW solar PV project in Chile, having secured $205 million in financing. It is expected to come online next summer.


EcoSolifer aims for mass HJT solar production with $29.5 million cell line

Last February, Meyer Burger and CSEM joined forces on a 600 kW pilot production facility for high-efficiency PV cells employing HJT in a demo system

EcoSolifer has signed contracts with Meyer Burger worth around CHF 29 million (approx. US$29.5 million) for a HJT solar cell line. The Hungarian technology manufacturer aims to begin production of the high efficiency cells in Q1...


07. August 2015 | | Comment now

Sunrun: Disappointment after initial NASDAQ debut high

The fourth largest solar installer in the U.S. Sunrun made its NASDAQ debut this week. The euphoria of going public fizzled when the company's stock prices started tumbling.


The pv magazine weekly news digest

The energy battle is on... and solar is no longer the niche newcomer it once was, much to the chagrin of the pro-coal lobby.

Obama's clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity's plans for world domination edge closer to reality.


Stion places tool order to double capacity

Stion rooftop solar project.

American thin film producer Stion will double its production capacity from 60 MW to 120 MW, after placing a tool order with Korean supplier Avaco. The equipment supply deal is worth US$5.8 million and will see Avaco supply Stion...


India: Yes Bank raises more than $49 million for renewable projects

Yes Bank has managed to raise INR315 crores (US$49.37 million) to finance green infrastructure projects like solar and wind power in India. Investor IFC has also officially drawn back investments into coal projects.


India: MNRE sees need for cost-effective storage

The Ministry of New and Renewable Energy (MNRE) in India has called for Expression of Interest (EOI) for energy storage demonstration projects to support renewable energy generation. MNRE has set up a capacity addition target of...


Tesla's storage solutions sell out

According to Tesla's Q2 2015 earnings report, the company has reduced full-year delivery outlook for its vehicles, causing Tesla shares to fall yesterday. However, its storage solutions are seeing a surge in demand.


SunPower targets $1.5bn solar expansion in Chile

Chile Arica y Parinacota desert.

California-based solar power company eyes 1 GW portfolio of solar farms in the country over the next five years as part of its strategic expansion into new emerging markets.


SunEdison, TerraForm Power report net losses, higher revenues

SunEdison is positiong itself as a "supermajor"

SunEdison has reported relatively stable Q2 and H1 financials, with a narrowing of its Q/Q net loss and sales increases. Yieldco, TerraForm Power, meanwhile, posted a positive Q2 net income, but big H1 loss. Deutsche Bank...


Germany’s second PV tender oversubscribed three-fold

Germany's second tender round was massively oversubscribed

A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germany’s second solar PV tender round. The prices for the generated solar energy are still to be determined.


Report: Panasonic largest li-ion battery cell producer

A lithium ion battery.

With 20.5% market share, Panasonic has emerged as the leading lithium ion battery cell supplier to the global market for the first half of the year. The data comes from Korean market research firm SNE Research, which found that...


Phoenix Solar sees H1 revenue boost, expects positive 2015 EBIT

The Continental European solar market is currently on the back burner for Phoenix Solar

Phoenix Solar has seen revenues soar around 300% in the first half of 2015, compared to the previous year. The U.S. is pushing strong growth. Despite this, the company recorded a higher net loss. Overall, it expects a return to a...


India: Welspun to develop 8.7 GW of solar on back of strong investment

Welspun Renewables inaugurates one of its solar PV projects - one of the world's largest - alongside Indian PM Shri Narendra Modi in Madhya Predesh

Of its 11 GW renewables target, Welspun Renewables has said it will develop 8.66 GW of solar PV in India. Investment in the country is said to be strong, with Welspun expecting a "substantial inflow" of capital.


ET Solar moves into the Turkish PV market

ET Solar has entered Turkey's PV market with its new Turkish arm ET Solutions Istanbul. The company has already bagged two 1.1MW projects.


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