Latest headlines

UK should taper off subsidies over five years

A solar project in the UK.

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.


The pv magazine weekly news digest

UK Chancellor George Osborne.

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.


Chinese players continue rearguard action

A stocks and shares board.

United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.


SkyPower to develop 1 GW of projects in Kenya

Nairobi.

Canadian developer will sign deal at trade summit in Nairobi on Sunday. The pipeline will cover the next five years and follows recent 6 GW commitments in Egypt and Nigeria.


LG Chem steals a march on Tesla

The Tesla Powerwall.

New 6.4 kWh storage system approaches $1,000/kWh price point. And the RESU is available within weeks, unlike the sold-out Powerwall.


Brazil: 20.6 GW of solar bidders for auction

Rio Grande do Norte.

National renewables auction hugely oversubscribed. PV project bids outpace 18 GW of wind schemes.


Hanergy cancels deals agreed with itself

Hanergy BIPV.

Complex Chinese company issues a typically opaque stock market update. Supply deal to supply itself with its own panels has been torn up.


Chinese-Indian deal targets 2 GW of projects

A Zhenfa New Energy project, in Qinghai, China.

Indian manufacturer Rolta Power and Chinese counterpart Zhenfa want two per cent of India's 100 GW, five-year market. The two companies have reportedly signed an MoU.


350 MW co-generation plant to drive down cost of poly

Polysilicon.

Power and steam from new plant will be used in manufacture of polysilicon. GCL Poly says today's opening will drive down price further.


SunEdison, TerraForm Power pay $2.2bn for Vivint Solar

Vivint Solar HQ

Definitive merger agreement with SunEdison yieldco vehicle TerraForm Power will see the company acquire Vivint Solar's 523 MW U.S. residential PV portfolio.


Shareholder lawsuit launched against Yingli

Yingli manufacturing.

Troubled manufacturer is accused of misleading potential investors. Chinese giant was unable to borrow from lenders, say claimants.


Edison wants to acquire supercapacitor company

A SunEdison PV project.

Canadian company Sunvault receives letter of intent. Edmonton company uses graphene-based supercapacitor technology developed at UCLA.


Location of Renesola's Japanese projects revealed

Renesola.

Chinese manufacturer reveals few details about 22.5 MW contract wins. Renesola also refused to reveal its Japanese solar ambitions.


New low price for Indian solar

Madhya Pradesh.

Canadian company agrees $0.08 price for Madhya Pradesh plants. The deal puts pressure on Indian subsidy regime.


Demo house offers glimpse into Shunfeng's plans

Solar glass.

Taiwanese show booth's energy saving measures would reduce consumption by 75% for two-storey building in China. Shunfeng has promised similar city-wide solutions.


The pv magazine weekly news digest

Elon Musk and JB Straubel.

It's all about the batteries, stupid! Plus Yingli shift some stock, solar betrays its working class roots and watch Thailand go.


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