Latest headlines

German, Mexican state banks sign MOU to promote renewable energy

The agreement between Bancomext, KfW and GIZ has a special focus on solar and on financing large solar PV projects.


German company signs PPA for 100 MW solar plant in Iran

Iran, Qazvin

As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran.


Solar to account for 30% of all generation capacity investment until 2040

100 MW array in Chile.

A new report by Bloomberg New Energy Finance on the future of energy not only points to solar as the technology that will have the most invested in it, but that costs will fall dramatically over the next 25 years, making it the...


Major Swedish parties agree to 100% renewable goal by 2040

Sweden flag

The five parties, including the coalition government, have agreed on a policy framework for long term future of the country's power generation, which includes the ambitious target of being 100% renewable by 2040.


Energy storage market to grow to USD250 billion by 2040

Battery energy storage unit

This is the forecast in Bloomberg New Energy Finance’s New Energy Outlook 2016 report, which expects to see the price for energy storage systems significantly drop, as batteries will help to wean power dependency away from...


ABB connects mega 648 MW PV plant to India’s grid

Tamil Nadu, India. Image Wikipedia Planemad

The huge plant – the largest of its kind in the world – was connected by ABB, after the Swiss company was awarded the project by Adani Group, who is currently making a number of moves in the thriving Indian PV market.


North American solar investors concerned about H2 oversupply

SunEdison worker.

Deutsche Bank released some market analysis, addressing the concerns of North American solar investors, who fear a potential PV oversupply is on the horizon, changes to net metering policies, and rising Chinese competition.


Solar dominates new U.S. power generation in Q1 2016

The nation added 1.66 GW-DCof solar PV during the quarter, and GTM Research is forecasting a near doubling of the market over the full year to 14.5 GW.


PLG Clean Energy secures 230 MW of solar licenses in India

Rajasthan solar installation.

The Indian solar developer plans to build three large-scale PV plants in the Indian states of Maharashtra, Jharkhand and Rajasthan, company confirms.


UK: despite record growth, 'sudden and severe' policy changes harming renewable sector, report finds

Solar installation from Solarcentury.

The Renewable Energy Association's report on the state of the British clean energy landscape warns that strong growth in recent years is threatened by repeated policy interventions by government.


Brexit interview: The EU has been the driver of solar in the UK, says James Watson

James Watson is the CEO of SolarPower Europe.

With the U.K. set to go to the polls on June 23rd to vote on an In/Out referendum on the country's EU membership, pv magazine caught up with James Watson, a Brit and the CEO of SolarPower Europe, to canvass his opinion on the...


Solar now India's fastest-growing new energy source, says Mercom

Data from Mercom and the MNRE reveals that India is on course to accelerate its solar installation pace in 2017.

Report forecasts India to install around 5 GW of new solar capacity this year, and reveals a bulging solar pipeline that has surpassed 22 GW.


Greece's islands are in need of more PV and storage

Limnionas in Kos, Greece. Image by Michal Osmenda.

While Greece's solar PV market starts to gather heat, pv magazine explores why Greece's non-interconnected island region is the country's number one spot in need of more solar PV and storage projects.


France: EDF embraces self-consumption and digitization

Tour EDF, La Défense, Paris. Image Joe deSousa.

French utility EDF announced the launch of a new solar PV self-consumption offering under the Mon Soleil and Moi banner, which will become EDF’s sole offering for residential customers in France.


Solar going through the roof in India

Rooftop PV system on the Lotus Temple, New Delhi.

India’s central ministries are due to pledge an ambitious 5 GW of rooftop PV to be installed on their rooftops and on vacant lands they own during the National Workshop on Roof Top Solar Power on Tuesday.


Yingli expects Q1 profit: preliminary report

Yingli PV production.

Struggling Chinese solar firm issues preliminary data that suggests it will turn a profit in the first quarter of 2016 for the first time since Q3 2011.


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