Latest headlines

Japanese PV module demand booms to 2.52 GW in most recent quarter

The sharp increase in the nation's PV market matches BNEF's forecast of a 9-11 GW solar PV market in 2014. Japanese companies continue to dominate shipments.

Saudi Arabia: Offgrid plant to be powered by ReneSola

ReneSola has been awarded its first Middle East contract by Taibah University in Medina, Makkah Province in Saudi Arabia.

IRENA general assembly 2013

"Despite the global economic crisis, 2012 has been a good year for the development of renewable energies," declared Adnan Z. Ameen, Director-General of the International Energy Agency (IRENA) on Sunday.

Huge consolidation in upstream solar predicted for 2013

A solar array in Chile.

Market research consultant IHS iSuppli has offered a characteristically brutal prediction of the consolidation it expects in the global upstream solar market this year.

Brokers take a shine to Chinese solar manufacturers

Trina Solar photovoltaic production.

With news of the global polysilicon market full of doom and gloom for the past couple of years, the turn of 2013 has seen stock market investors starting to take a shine to Chinese solar firms.

REC reduces poly production at US facility

REC Heroya.

The polysilicon pricing woes that have beset Norwegian manufacturer Renewable Energy Corporation (REC) for the past few years have prompted the company to reduce production at one if its two U.S. facilities.

New York State looks to the sun after a year of severe weather

In his 2013 State of the State Address delivered on January 9, New York Governor Andrew M. Cuomo outlined a comprehensive plan to make the region "the leader in the clean tech economy", including expansion of the NY-Sun...

PV equipment market remains flat

PV production equipment.

In its Q3 2012 worldwide photovoltaic equipment supply report; SEMI has observed bookings remaining flat, while the book-to-bill ratio improved slightly due to a decline in billings.

Italian grid operator announces a 2012 boom in photovoltaic production

An Italian PV system.

TERNA, the Italian grid operator for electricity transmission, announced today that photovoltaic power production in 2012 provided 5.6% of the total electricity demand.

US: Solar power plants to attract over $20 billion of investment by 2016

The flag of the US.

A new report from Frost & Sullivan has found that the utility scale solar power market in the U.S. will attract US$20.44 billion of investment by 2016. The report concludes that solar power is, "emerging from the shadow of...

Mitsubishi acquires 55 MW of a French Photovoltaic Park

A PV power plant, photo taken from the air.

Japanese corporation Mitsubishi announced it has agreed to purchase a 50% stake in Toul–Rosières solar power plant tranche 1 (55MW), from EDF Energies Nouvelles (EDF EN).

Japan: Solar Frontier to launch investment company

The roof of the Solar Frontier power plant.

Japanese thin film manufacturer Solar Frontier will form an investment company with the Development Bank of Japan (DBJ) to provide financing for 100 MW of photovoltaic power plants a year. The company will look to finance...

MENA markets to exceed 3GW annually by 2015

GTM Research's new report "Middle East and North Africa Solar Market Outlook, 2013-2017" forecasts that the annual solar market in MENA countries will reach nearly 3.5 GW by 2015. This will encompass 8% of total global demand in...

China sets 10 GW installed capacity target for 2013

The Chinese flag.

Reuters are reporting that China has set a goal to install 10 GW of new solar capacity in 2013. This would more than double its current cumulative capacity of 7 GW.

Solar Mosaic sells out first round of projects

A screenshot of the Solar Mosaic site.

Crowdfunding solar site Solar Mosaic has funded the first four projects it offered within 24 hours of launching on Monday. The four projects are worth over 150 kW combined and are on affordable housing sites in California.

French government provides details on future EU bonus

French flag, fluttering in the breeze.

The French Eco-Ministry has unveiled more details by which conditions the new "national" PV-bonus of up to 10% on FITs will be paid. It additionally provided further information on the forthcoming auctions and FIT-reform.

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