Latest headlines

Solar-powered Formula E can overtake Formula 1, says Richard Branson

Richard Branson celebrates with Formula E inaugural champion Nelson Piquet Jr in London.

The Virgin tycoon believes all-electric and solar-powered racing cars will prove more attractive to sponsors and racing enthusiasts within the next four or five years.


US clean energy use hits 80 year high, says EIA

Solar PV rooftop installation, U.S.

Data from the Energy Information Administration reveals highest levels of renewable energy use in the U.S. since the Great Depression of the 1930s.


Younicos launches North American storage consulting service

Younicos battery.

Following successful consulting engagements in Europe, Younicos will offer suite of storage-related technical consulting services to North American customers.


SolarCity and BofA create $200m tax equity fund for smaller investors

SolarCity installation in progress.

Newly created funding pot aimed at regional banks and other smaller corporations interested in offering solar finance packages to residential customers.


SunEdison to build seven solar parks on Long Island, New York

U.S. Long Island.

Renewable energy developer signs agreements with five municipal entities for the plants, which will add a combined total of 14 MW of PV to Long Island.


EPIA rebrands as SolarPower Europe

EPIA's rebranding received the full backing of its members.

Full member backing for name change from European Photovoltaic Industry Association to SolarPower Europe to reflect expanding "scope of organization".


Hanwha Q Cells registers 70% Q1 profit increase

The merged Q Cells and Hwnwha SolarOne brand has posted a positive set of financials for Q1.

Positive first financial results since strategic merger of company, with revenue rising 54% to $333.5 million. One-time restructuring charge of $22.1 million dilutes profit margin.


JinkoSolar Q1 revenue increases 36.5% Y-O-Y

JinkoSolar modules.

The Chinese vertically integrated solar developer enjoys huge rise in downstream revenue, shipments up 35.8% year-over-year although gross margin contracts slightly.


Santander launches $2bn renewable energy fund

House of Commons, London.

Spanish lender partners with two of Canada's largest pension funds to launch London-headquartered Cubico Sustainable Investment, a joint fund for renewable energy projects.


United PV and Huaxia Life partner on 1 GW solar development fund

Hainan Haikou skyline, China.

Chinese solar developer to work with life insurance provider on RMB9 billion PV development project over next two years.


IEA PVPS 2014 report praises solar's tremendous development

Solar array.

Annual report reveals solar PV accounts for more than 1% of global electricity demand for first time ever, recognizes growth and evolution of the industry.


Abengoa's 210 MW Chile solar hybrid complex approved

The Atacama desert.

The Spanish renewable developer has been given the green light to proceed with the Atacama 2 project, which is a combined PV/CSP development in the Atacama desert.


Duke announces plans for Disney-inspired solar park

Cinderella's Castle, Walt Disney World.

The 5 MW facility in Reedy Creek, Florida, will be arranged in the shape of a Disney-inspired design, the utility has confirmed.


Australia: solar subsidy report draws industry's ire

Solar farm, Australia.

Report by Australian think-tank the Grattan Institute attacking the country's "expensive" solar subsidies dismissed as blinkered by pro-solar advocates.


Fronius launches large-scale string inverter

Fronius inverter.

Austrian inverter specialist introduces its first string inverter developed specifically for the project market, available in 25.0 and 27.0 kVA power categories.


Israeli solar company looks to Africa, US for opportunities

The Neo'ot Hovav solar project.

Energix CEO tells pv magazine he has ruled out operating in China, India or the UK and is looking to North America and Africa to expand his renewables business.


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