Latest headlines

Kingfisher pledges $75 million renewables investment

Currently, Kingfisher is installing solar at the Screwfix distribution center in Trentham

Kingfisher, owner of companies including B&Q and Screwfix, has announced a £50 million (around US$75 million) investment in renewables, the majority of which will be channeled into solar energy. The move is part of the company’s...

ReneSola secures over $50 million loan guarantee from CDB

China solar photovoltaic park

ReneSola Ltd has secured a loan guarantee worth RMB 320 million (around US$51.5 million, €39.9 million). The funds are expected to be used towards the company’s domestic development in China.

EU industry committee favors renewable energy FITs over quotas

European Union flags

A European Committee has spoken out in favor Germany-style renewable energy (EEG) feed-in tariffs, as opposed to a European-wide quota model, despite opposition from the EU Energy Commissioner.

Wuxi Suntech insolvency official

Suntech Wuxi solar photovoltaic modules

The Wuxi Municipal Intermediate People's Court in Jiangsu Province, China, has officially accepted the petition for the insolvency and restructuring of Suntech Power Holdings Co., Ltd’s main subsidiary, Wuxi Suntech Power Co.,...

Global microgrid market to grow

Research and consulting firm GlobalData's latest report shows that the global microgrid market will be worth US$18.9 billion in 2020. This will be a significant increase from the US$5.3 billion reaped in 2012.

Germany: EnBW believes grid expansion can be partially avoided

Plant and grid operators start a progressive pilot project for better grid integration. This was presented at the "PV System Technology Forum" in Düsseldorf, Germany.

Sky Solar completes 70 MW Greek PV park

Greece 70 MW solar photovoltaic park

Sky Solar Holdings Co., Ltd has completed and grid connected a 70 MW photovoltaic park in Greece. A 20 year FIT has been secured.

Italian-Chinese talks over 32 MW PV park in Greece

Greece flag

Italy-based Energy Resources Ltd announced it has signed a €50 million contract to build a 32 MW photovoltaic park in Greece.

Germany’s proposed electricity price break faces failure

Germany March 2013 protest

Talks between Germany’s Federal Environment Minister and state representatives ended inconclusively yesterday. As such, no agreement on the electricity price break is expected this week.

Insolvency petition submitted for Wuxi Suntech

Suntech solar photovoltaic module

Suntech Power Holdings Co. Ltd has today announced that a petition for insolvency and restructuring was filed against subsidiary Wuxi Suntech Power Holdings Co., Ltd on Monday, March 18. Wuxi Suntech has not objected to the...

Solarpack starts work on 25 MW PV plant in Chile

Chile flag

Solarpack has broken ground on its 25 MWp Pozo Almonte Solar project in Chile’s Tarapacá. It is scheduled for completion by the end of 2013.

Emerging countries to boost inverter market

Frost & Sullivan's new report "Analysis of the European inverter market for renewable energy systems" states that the market will reach €5.24 billion in 2018. 2012 saw earnings of more than €3.58 billion. Emerging markets in...

China: Suntech appoints former state-owned company exec president

Suntech HQ China Wuxi

Suntech Power Holdings Co. Ltd has appointed Weiping Zhou, former chairman of Guolian Futures Co., Ltd and finance department manager of government-owned investment company Wuxi Guolian Development (Group) Co., Ltd, executive...

Advancing solar securitization

The U.S. Department of Energy (DOE) has placed emphasis on the securitization of solar PV assets and associated cash flows in the marketplace. Securitization is expected to draw in more investors to the solar asset class. DOE's...

First Solar tops PV project developer list

First Solar signage

According to the latest data from Wiki-Solar, U.S.-based thin film manufacturer, First Solar Inc. is the top photovoltaic project installer globally, having added 759 MW across 11 sites.

Italy: Mitsubishi, INCJ and Solar Ventures to acquire up to 150 MW of PV projects

Italy flag

Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired a photovoltaic project portfolio in Italy worth 42 MWp. They are looking to add projects totaling 150 MWp to this.

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