Latest headlines

Global inverter market shrinks 4%, Asian suppliers gaining, says IHS

SMA service.

Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.


SolarCity secures $500m aggregation loan for distributed solar

SolarCity installation.

The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.


Tesla 'R' Us: more solar firms partner with the Powerwall

Tesla S, Powerwall in the home.

Tesla's breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.


Expected Q1 loss does little to diminish SunPower's positive outlook

SunPower large-scale installation.

The U.S. module manufacturer reports reduced revenues for the first quarter as the company diverts attention to inaugural yieldco venture with First Solar.


IEA: Clean-energy innovation essential to meeting climate goals

IEA Executive Director Maria van der Hoeven

The International Energy Agency presented its Energy Technology Perspectives 2015 report in Paris on Monday, which calls for a tripling of public spending on low-carbon technology R&D.


Egypt signs deals for 220 MW of solar

Cairo, Egypt

The agreements, signed with five companies from Egypt, Saudi Arabia and the United Arab Emirates, include 220 MW of solar and 100 MW of wind and are valued at $500 million.


Solar could meet all of Scotland's power needs, says WWF Scotland

Orkney coastline, Scotland.

Solar energy generated enough power in the month of April to meet the electricity and hot water needs of homes fitted with solar panels, prompting reports that it could soon be possible to completely power the country with PV.


NEXTracker on board 70 MW Moree solar plant in Australia

Moree Solar plant.

The tracking specialist will supply its state-of-the-art trackers to the 70 MW Moree Plains solar project in New South Wales, project is largest tracking solar installation in Australia.


First Solar posts net loss, 51% revenue decline in Q1

First Solar employee

The company's launch of its new yieldco joint venture impacted its bottom line as the group moved through a "transitional period." First Solar expects to be back in the black in Q2 with sales of between $750 and $850 million.


Solar Impulse plane prepares for longest leg of round-the-world journey

Solar Impulse in China.

The five-day, five-night flight between China and Hawaii is a time for nervous anticipation, says pilot tasked with the leg, Andre Borschberg. Takeoff scheduled for Thursday, May 8.


Powerhive set to expand off-grid metering solutions

Powerhive Africa project

The First Solar-backed company, which has completed a pilot program in Kenya, offers customers the opportunity to pre-purchase electricity for commercial and residential use through mobile banking services.


Fronius and Sunrun hop aboard Tesla juggernaut

Sunrun home installation.

U.S. inverter supplier Fronius announces partnership with Tesla's Powerwall home storage system. Sunrun subsidiary AEE Solar set to offer battery with its solar system package.


Tesla unveils sleek, low-cost battery solution for home and commercial

The Tesla Powerwall home battery.

Powerwall home battery and Powerpack commercial battery unveiled by Elon Musk last night could prove game changing for domestic and business storage.


Solairedirect pulls $242m IPO on back of weak interest

Bourgogne.

Bump in the road result of weak investor confidence in face of absent government subsidy, forcing French developer to postpone IPO.


CALSEIA applauds California's new greenhouse gas targets

California state flag.

Order by Governor Brown to impose stricter greenhouse gas reduction target for 2030 receives backing of the California Solar Energy Industries Association.


UK Q1 rush added 1.6 GW of solar, says IHS

Solar plant, U.K.

Unprecedented figures result of decision last year to prematurely end Renewable Obligation scheme, rush propels U.K. to more than 7.5 GW of solar capacity.


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