Latest headlines

India plans $1bn private equity fund for solar and renewables

Indian solar installation.

Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.

Centrosolar unveils stark debt reduction plans

Centrosolar HQ Germany

Germany-based Centrosolar Group AG has unveiled a number of approved measures aimed at cutting its around €90 million debt burden. Included in these are a capital reduction of 25:1 and the issuance of new shares.

UK: Martifer Solar completes 28.1 MWp PV project

UK solar photovoltaic utility

Portugal-based Martifer Solar has commissioned a 28.1 MWp photovoltaic project in the U.K. Spread across a number of systems, construction was completed in 15 weeks.

Central Europe smart grid market worth $10.3 billion by 2023

A smart meter.

The smart grid market in central and eastern Europe (CEE) will be worth a cumulative $10.3 billion by 2023, according to a report by market research group Northeast Group LLC.

Euro PV companies petition EC over Chinese module tariffs

EU flags flying.

Representatives of more than 1,000 representatives from European companies have written to the EU to criticize any plan to apply anti-dumping duties to Chinese-made solar modules.

Buffett rumor sees Suntech stock surge

Suntech's main Wuxi manufacturing unit has gone into insolvency.

With shares in insolvency-hit solar manufacturer Suntech leaping yesterday to close at US$0.48 on rumors Warren Buffett is interested in a purchase, all eyes will be on the stock when the market reopens at 3.30 pm today.

Downstream solar dominates VC funding scene

A Bosch solar module.

Downstream solar companies dominated the global venture capital (VC) fundraising arena in the first quarter of 2013, finally benefiting from historically cheap panel prices, according to consultants Mercom Capital Group.

SMA: Strong push for innovation in Germany

SMA's Pierre-Pascal Urbon.

A tough domestic market prompted solar inverter company SMA to raise 70% of its revenues from outside Germany in 2012.

Israel: Hydrogen-bromine flow battery goes online

EnStorage Inc. has developed the first ever grid-connected hydrogen-bromine (HBr) flow battery with its 50 kW battery connection at the company's test site in southern Israel. The battery is said to provide up to 100 kWh of...

SolarCity prepares for first utility-scale project

A solar rooftop in Hawaii.

California solar installer and leasing company SolarCity will make its first foray into the utility market by building a 12 MW photovoltaic project for the Kaua’I Island Utility Co-operative (KIUC) in Hawaii.

Sunlabob to supply off-grid PV to Kiribati outer islands


Laos-based Sunlabob has secured its biggest Pacific contract to date with a deal to supply off grid solar systems to the outer islands of Kiribati.

Solarbuzz: The unpredictability of Chinese solar demand is a headache

The flag of China.

Despite China's reputation as the promised land for the solar industry, the latest report from NPD Solarbuzz says wild fluctuations in demand in the country could mean suppliers which rely on markets outside the People's Republic...

Japan: 4 MW of new projects connected

A Sky Solar photovoltaic installation.

With solar manufacturer Renewable Energy Corporation's (REC) recently released annual figures highlighting the Norwegian company's heavy reliance on a shrinking European market, the panel maker has taken a step in the right...

Pakistan and CK Solar Korea to develop 300 MW park

The flag of Pakistan.

The government of the Balochistan province in Pakistan and CK Solar Korea have signed a memorandum of understanding to develop a 300 MW PV solar park near Quetta, Balochistan's largest city.

Standard Bank announces $2 billion renewable energy fund for South Africa

A South African solar project.

Ten PV projects in South Africa will benefit from a US$2 billion funding support agreement between Standard Bank Group and the Industrial and Commercial Bank of China (ICBC).

US: Gehrlicher Solar EPC for 3.8 MW Massachusetts array

Massachusetts governor Deval Patrick inspects a solar rooftop in the U.S. state.

Construction began last month on a 3.8 MW solar array for the town of Bellingham, Massachusetts, in the U.S.

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