Latest headlines

UK: Energy minister gets 'tough' on subsidies, backs fracking

Amber Rudd in India.

Speaking at the Conservative conference, Amber Rudd says that there is no magic money tree to support the transition to low carbon economy, cites attractiveness of fracking as a "cheaper alternative".

Jordan receives $250 million loan from World Bank to boost renewables

Solar installation, Jordan.

The World Bank has approved a $250 million loan facility to support Jordan's transition to renewable energy and the more efficient use of water resources. The loan is specifically expected boost residential solar PV installations...

UK: Solar spending cuts amount to 98% reduction in support, STA calculates

Solar park, England.

Analysis by the Solar Trade Association finds that the U.K. government's proposed cuts will see the rate of solar support fall from 70 million pounds a year to just two million.

Scotland looks to the sun as England, Wales turn their backs

Scottish coastline.

Scottish government confirms small-scale solar farms smaller than 5 MW will continue to be eligible for the ROC; Edinburgh launches ambitious community solar scheme.

SMA surpasses 1 GW inverter milestone in Japan

SMA solar inverter production.

The German inverter manufacturer becomes the first non-Japanese supplier to reach this milestone. Local presence in market since 2011 has delivered constant growth drivers.

Joint Sunpower/First Solar yieldco reports solid quarterly results

In its first quarterly results since becoming a public company, 8point3 reported strong results, in contrast to the poor stock performance for yieldcos across the board.

SolarCity maintains grip on US residential solar, says GTM report

The GTM Research leaderboard has SolarCity way out in front as the leading residential solar installer in the U.S.

GTM Research's U.S. PV Leaderboard finds SolarCity installed 34% of all residential array in the first half of the year, followed by Vivint at 12%; SolarCity also cornered 34% of the market in 2014.

JinkoSolar reaches lawsuit settlement to tune of $5.05 million


Chinese solar manufacturer enters into settlement relating to 2011 lawsuit brought over environmental regulation dispute to "eliminate uncertainty" and burden of further protracted litigation, says company.

US: Utility-scale solar averaging five cents/kWh, study finds

Solar PV plant in Nevada.

Report by Lawrence Berkeley National Laboratory finds that utility-scale solar project developers negotiate average PPAs of just five cents per kWh, an all-time low figure; 30% ITC helps lower costs.

Solar a solution in sub-Saharan Africa, says UK minister

Grant Shapps.

British International Development Minister Grant Shapps says cheaper solar panels can deliver a solar revolution to Africa, reaffirms U.K.'s commitment to aid the development of the fledgling solar market.

NEXTracker completes 110 MW shipment to SunEdison Chile solar farm

Nextracker installation.

Supply of Self-Powered Trackers to the 110 MW Quilapilun power plant in Chile now complete; SunEdison developing the project, which is set to become the company's largest in South America.

Arkansas approves power contract for 81 MW solar PV project

The Stuttgart Solar project will be the first large-scale solar plant to be built in the state. The project is planned to be completed no later than mid-2019.

Conergy moves into asset ownership

Along with appointing a new team to lead the Americas, Conergy has announced that it will move downstream to become an independent power producer, starting in North Carolina.

Germany: IBC completes three solar parks in three months

Walberle mountain range.

Developer builds three turnkey solar power plants for Main-Spessart-Solar GmbH with a combined output of 10 MWp. All three connected to the grid within just three months, to be operated as community projects.

Japan: Thai utility eyes 100 MW plant, Mitsubishi UFJ to invest in Fukushima project

Japan Fukuoka.

Thailand-based power producer Ratchaburi Electricity forms JV for investment in 100 MW Japan solar plant; Four lenders partner to provide loan for 53 MW solar farm in Fukushima.

AES announces $100m solar securitization

AES solar installation, California.

The deal marks the sixth solar securitization in the U.S., following four from SolarCity and one from Sunrun. Notes to be secured via revenue from 1,548 solar installations across the U.S.

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