Latest headlines

Israel: 40MW Ketura plant connected to grid

The Ketura Solar PV plant in the south of the Arava Valley in Israel has been connected to the grid. The 40MW project was developed by Israeli solar company Arava Power and EDF Énergies Nouvelles Israel, a subsidiary of the...


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.


Yingli to construct 50 MW solar plant in China's Shanxi Province

Yingli solar park.

Chinese solar company chosen as EPC developer for solar power plant to be located in Datong City, to form part of China's National Advanced PV Technology Demonstration Center.


UK: Solar subsidy withdrawal rumors gather pace

Amber Rudd of DECC.

Following last month's slashing of subsidies for onshore wind, industry insiders fear solar PV could be next in line as the Conservative government eyes a big reset of green subsidies.


KKR secures 80% stake in Spain's Gestamp Solar

Gestamp Solar PV installation.

The global investor to acquire 80% of Gestamp Solar from parent company Gestamp Renewables.


Industry react: SunEdison shopping spree spells good news for entire solar sector

Rooftop PV installation, U.S.

$2.2 billion acquisition of Vivint Solar raises stakes for U.S. residential solar sector, with industry analysts and players confident the move will prove widely beneficial.


Hanwha Q Cells, ReNew Power enter JV for 148.1 MW India solar project

Telangana Kachiguda railway station.

Development planned for Telangana region and marks Hanwha Q Cells' first investment in large-scale solar projects in India's growing market.


Manz receives $54.2 million in follow-up orders

Follow-up orders amounting to EUR 50 million ($54.2 million) for equipment to produce lithium-ion batteries has German company Manz AG feeling optimistic about the future.


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.


DEWA closes second round financing on 200 MW Dubai solar plant

The Mohammed bin Rashid Al Maktoum solar park is named after the emir of Dubai.

Funding for phase II of the Mohammed bin Rashid Al Maktoum Solar Park now finalized, with Dubai Water and Electricity Authority planning commercial operation date of April 2017.


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.


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