Latest headlines

REC sees potential in APAC region

Renewable Energy Corporation (REC) released its second quarter results for 2015, highlighting a 12% increase in module revenues and an increased solar footprint in the APAC region.


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.


Foresight Solar Fund acquires 34 MW of UK PV assets

Southam solar farm.

The Jersey-registered investment company has purchased three large-scale solar farms in the U.K. via a joint venture with Big60Million Limited, a community solar group backed by Belectric.


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.


SunPower to build 100 MW Nevada solar plant for NV Energy

SunPower installation, U.S.

U.S. solar firm signs 20-year power purchase agreement with Nevada utility NV Energy for a 100 MW solar PV plant planned for the state's Eldorado Valley in Boulder City.


Sunrun lays down terms for $309m IPO

Sunrun rooftop installation.

The U.S. solar leasing company sets terms for its planned initial public offering (IPO), aiming to raise up to $309 million after filing its first IPO last month.


China eyes further PV target increase in 13th five-year plan

20 MW solar farm in Golmund, China.

The National Energy Administration is currently thrashing out the terms of the 13th iteration of its five-year plan, and may outline a 2020 PV target of 200 GW, sources say.


Solar Frontier hits 3 GW of global CIS module shipments

Solar Frontier module production.

Landmark represents widening of Japanese company's international footprint, more than 20 million Solar Frontier CIS modules now installed around the world.


800 MW of solar licenses in Thailand for 2016

Thailand has announced that applications for solar farm licenses will be open to the public sector early 2016. A FIT of $0.16/kWh has been slated for 25 years.


SunEdison signs 180 MW solar PPA with India's largest utility

New Delhi skyline.

Power purchase agreement with Tata Power Delhi Distribution Limitied will provide 180 MW of large-scale solar PV power for the city of New Delhi.


IFC partners on two 50 MW solar projects in Zambia

Victoria Falls.

The member of the World Bank Group has signed an MoU with Industrial Development Corporation Zambia to develop the country's first utility-scale solar PV projects.


Renewables accounted for 70% of new US generating capacity in H1, says FERC

Copper Mountain installation, Nevada.

Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV.


Solar industry berates UK government's subsidy withdrawal

Sheep at a solar farm in England.

U.K.'s leading solar voices say decision to scrap subsidies for small-scale solar is a blow to investor confidence, STA calls for bridging strategy to help solar reach grid parity.


India solar capacity forecast for 2020 raised by 240%

A newly released Deutsche Bank markets research report has adjusted its solar power forecast prognosis for India to 34 GW by 2020, an increase of about 240% from its previous estimation of 14 GW. India has a pivotal part to play...


UK to scrap subsidies for small-scale solar, announces changes to FIT

Solar farm in England.

The Department for Energy and Climate Change confirms Renewable Obligation scheme for sub-5 MW solar farms to be scrapped from April 1, 2016. Pre-accreditation from FIT to be removed for installations larger than 50 kW.


More mergers and acquisitions to come

A new report from Navigant Research sees increasing market competition fueling vertical integration as well as mergers and acquisition. The annual revenue from global PV installations is forecast to surpass $151 billion in 2024.


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