Latest headlines

Enel Green Power offloads $1bn of Portuguese clean power assets

Portuguese solar installation.

Assets sold to Portugal's First State Wind Energy Investments as Enel looks to ease its debts and target faster-growing markets in Africa and Latin America, company says.

Chinese government offers PV manufacturers a helping hand

Xinhua Gate, Zhongnanhai Chinese govt. HQ, Beijing

Solar product makers in China continue to reap the benefits of a government eager to prop up a troubled industry. Beijing is now offering tax rebates to manufacturers in an effort to assist the struggling sector.

Italy and Spain warned by EU over renewables

Silvio Berlusconi.

The southern European nations have been given two months to fully translate the EU renewables directive into national law. The news comes as Italy lurches into another Berlusconi-prompted crisis.

Sunpower to supply 69 MW to Shimizu Corporation for installation in Japan

SunPower Corporation's high efficiency E20/327 solar panels to be installed by Shimizu Corporation at the Eurus Energy mega solar power plant in Aomori, Japan.

GCL nets $46 million for its solar project subsidiary

GCL Poly.

Polysilicon maker GCL GoldPoly has issued a US$50 million convertible bond to raise finance for its CSPG subsidiary. The move bolsters Hung Chao Hong's stake in the Chinese manufacturer.

IKEA to sell solar panels in all UK stores

The Swedish furniture retailer is to sell solar panels in all of its 17 U.K. stores within 10 months following a successful pilot project in one Essex store.

British scientists call for world Sunpower Program to combat climate change

Leading scientific advisers in the U.K. urge governments to work together to create a global, collaborative solution to tackle climate change by harnessing the power of the sun.

GCL Goldpoly announces hitch in stake acquisition

GCL Poly manufacturing facility.

Chinese polysilicon manufacturer GCL Poly has announced a delay in its plans to acquire an equity stake in solar developer Fengxian Huize. A busy day also saw the company's CFO resign.

LDK negotiates a stay of execution

LDK Solar.

The Chinese manufacturer has negotiated a 30-day window relating to overdue interest on bond notes. With $4.4 billion of short-term debt at the end of August, LDK has some tough talks ahead.

$8 billion hit for Spanish PV generators

The Congress of Deputies building in Madrid.

Spain's PV industry body UNEF says generators will lose a fifth of the payments they could have expected from 2010 to 2020. The reductions are part of the Madrid government's determination to reduce renewables subsidies.

Conergy negotiates with potential investors

German solar solutions provider Conergy is currently in negotiations with seven potential investors from Asia and Europe for the takeover of its Conergy SolarModule facility in the eastern German state of Brandenburg. Employees...

Market for large-scale solar in Japan to wane after 2014 fiscal year, Yano reports

Lack of space and fewer incentives will cause Japan's large-scale solar market to contract rapidly once the 2014 fiscal year has passed, reports Tokyo-based Yano Research Institute.

PV for 70,000 Tanzanian households


The African Development Bank has approved $50 million of funding for solar and geothermal investment in the African country. Ten remote rural districts will benefit from off-grid PV installation.

Singapore: Housing Development Board calls largest solar-leasing tender

The Housing Development Board (HDB) of Singapore is currently drawing up plans for the largest single solar-leasing project to date. The tender calls for 5MW in total in four precints on the main island.

Annual solar installations to outstrip wind for first time, Bloomberg says

Winds of change blow through renewable energy sector as installed solar power set to outdo wind in 2013, according to a Bloomberg New Energy Finance (BNEF) study.

Poland: proposed regulations look bad for PV

Warsaw, Poland

New draft regulations for renewable energy development in Poland, released last week, indicate that PV may have an uphill battle to gain renewable energy market share in the country. The proposed feed-in tariff (FIT) for...

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