Latest headlines

IBC Solar seeks to develop 80 MW in Germany

IBC Solar has managed to implement around 50 MW of solar capacity in Germany in the first half of 2015. The company seeks to develop around 80 MW this year in total.

Russia offers first ever subsidies for renewable energy

The world's largest oil producer plans to develop its renewable energy sector – which currently produces just 0.8% of the country's power – and has hosted its first clean power auction, with 39 ventures securing subsidies.

SunPower, Digital Federal Credit Union offer up to $100 million in loans

SunPower residential

A new agreement between the Digital Federal Credit Union and the California solar company enhances the SunPower Loan Program to offer more financing options for residential customers.

Germany: PV development continues to decline

Germany added more than 10,000 PV installations with a total capacity of 291.64 MW in August. Starting October, FITs for PV systems between 1 and 10 MW will fall for the first time below EUR 0.10 per kilowatt hour.

EU PVSEC conference draws crowds despite crisis

EU PVSEC 2013 Paris

The 28th European Photovoltaic Solar Energy Conference and Exhibition kicked off on Monday in Paris. The scientific program has remained largely unaffected by the current crisis. The halls open on Tuesday for exhibitors.

SUNOWE to construct 150 MW of PV plants as part of Chinese subsidy pilot project


The publicly listed Chinese PV company SUNOWE Photovoltaic will oversee the construction of 150 MW of solar power plants by 2015 as part of China’s new subsidy program for industrial areas.

$800 million transmission line for Rajasthan

Power lines in Romania.

The Asian Development Bank will supply $500 million towards the cost of a transmission line to carry solar power to state and national grids. The government of Rajasthan and Indian grid utilities will supply the remaining $300...

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.

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