Latest headlines

Enel takes quarter of capacity in Brazil's solar auction

The Italian developer plans to build 254 MW of solar PV in the state of Bahia, which will require a $400 million investment.


US: Yingli to supply 170 MW Centinela project

Yingli solar modules.

Vertically integrated photovoltaic manufacturer Yingli Green Energy has signed what it claims is its biggest ever module supply agreement. The company will ship 200 MW of its modules to Southern California for a utility scale...


3M successfully completes Ceradyne tender offer

3M has announced that its tender offer to purchase all issued and outstanding shares of common stock of Ceradyne, Inc at US$35 per share was successful.


UK: Green Investment Bank officially open

The new Green Investment Bank has been officially opened. The institution has been funded with £3 billion (€3.7 billion) government funds.


US: Installed price of PV systems continue to fall

The latest edition of Tracking the Sun, an annual PV cost-tracking report by the Lawrence Berkeley National Laboratory (Berkeley Lab) states that PV power system installed prices fell "substantially" in 2011 and through the first...


Q3 "turning point" for China Sunergy

The China Sunergy office building.

China Sunergy CEO Stephen Cai has suggested that the company’s Q3 financial results, released today, indicate a "turning point" for the company. The cell and module manufacturer posted a net loss of US$23.2 million for the...


AEG and ITM cooperate on energy storage

AEG Power Solutions has signed an agreement with energy storage and clean fuel company, ITM Power. The companies will cooperate on integrating ITM Power's electrolyser with AEG PS's power control electronics.


Emerging markets to grow to 12 GW p.a. by 2017

An Indian power plant's inauguration.

IHS has plotted the shift away from established markets towards emerging markets in its latest photovoltaic market report. It has forecast cumulative demand of around 30 GW to be delivered by the emerging markets over the next...


QBotix receives US$1 million under SunShot Initiative

Robotics company QBotix has received a US$1 million development award under US Department of Energy's SunShot Initiative.


Japan: ORIX to develop 200 MW as market blossoms

A solar power plant from the sky, in Japan.

In another sign of the moves into photovoltaics by a diverse collection of Japanese industrial players, financial services group ORIX has announced its plans to develop 200 MW of solar projects over the next three years.


Oerlikon completes sale of solar business

Oerlikon has announced that it has closed the sale of its solar business to Tokyo Electron Ltd. (TEL). TEL acquires 100% of Oerlikon Solar shares with cash proceeds for Oerlikon amounting to CHF 250 million (€207 million).


European consortium highlights competitiveness of PV

The PV PARITY Project has concluded that grid parity is imminent in several countries. The European wide project bases its results on system prices, retail electricity prices, cost of financing, and capacity in countries to...


Germany: Siemens and SWK create smart grid in Wachtendonk

Siemens Infrastructure & Cities and the municipal utility SWK STADTWERKE KREFELD AG (SWK) are working together to transform the existing power grid in a municipality in North Rhine-Westphalia. The project "Wachtendonk is doing...


Every fifth German is willing to invest in solar

According to a study undertaken by TNS Emnid, a German media and social research institute, every 5th German is ready to invest in solar power. The study was done under commission of LG Electronics.


Australian report pushes 100% renewable energy future

Australia's first utility-scale PV power plant.

A new report, released today by Australia’s Climate Commission, has made the case for a vastly expanded role for renewable energy in the country. The report argues that Australia is currently in "critical decade" in which a...


Qatar: Solar program delayed

Qatar has stated that its expansion plans for solar power is being held up by certain issues like the scale of the projects planned and the dust that blows in from the desert areas.


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