Latest headlines

IRENA calls for a doubling of global renewables to save over USD4 trillion a year

REmap: Roadmap for a Renewable Energy Future press briefing at the Berlin Energy Transition Dialogue

The sustainable energy organization outlined the second addition of its global roadmap, claiming that if it were to be adopted, it could save the global economy up to $4.2 trillion annually by 2030, as well as saving 4 million...


China preparing list of solar projects eligible for government support

Hainan Haikou skyline, China

Chinese provinces have until April 2 to put forward solar PV projects for consideration for financing from China Development Bank Corp.


PV Expo Tokyo hints at further growth for Japan's solar market

PV Expo Tokyo 2014 opening ceremony.

Expectation for double-digit growth this year is high, according to those exhibitors at the show that pv magazine spoke with.


Conergy lands in Japan

Conergy PV plant, Hokkaido, Japan

Conergy has opened a new branch office in Tokyo and secured an 830 kW PV project as it seeks to expand operations in the Japanese growth market.


REC Silicon to launch joint venture in China

REC Silicon, Moses Lake, Washington

The deal with its Shaanxi partner allows the Norwegian-U.S. group to establish a major beachhead in the world's biggest solar market without having to use current assets or raise additional funds.


Yingli to boost UK solar sector by 54 MW

Solar PV park in England.

The Chinese solar power company will supply modules to seven projects in the U.K., each being developed by Grid Essence U.K. Ltd.


First Solar back in black with $353 million profit

First Solar project in Dhursar, Rajasthan, India

The Arizona solar company improved its annual earnings, although delayed projects and a write-off on its idle Vietnam fab dampened full-year and fourth-quarter results.


SMA, Danfoss join forces, form major converter alliance

SMA solar inverter production

The new European powerhouse merges leading inverter and automated drive technologies while looking to expand global operations in a bold move that signals confidence in the solar sector.


Consolidation grips solar EPC sector

Desert Sunlight, First Solar

Changing market dynamics and shrinking state incentive programs led to larger players grabbing a bigger share of the EPC pie last year while medium-sized integrators struggled with the increasing burden of cost.


REC Solar posts fourth-quarter pre-tax profit of $13.7 million

REC Solar Singapore facility

Improving market conditions and cost reductions have boosted the newly independent REC Solar's bottom line.


Abengoa to build PV project for EDP Renovaveis in California

Abengoa Mojave, California solar project

The Spanish engineering group is widening its footprint in the U.S. market, where it's also constructing a 265 MW project for AES Solar.


Canadian Solar supplies modules to utility-scale projects in North Carolina, Japan

Strata Solar PV installation, Chapel Hill, North Carolina

The Ontario-based module manufacturer, which has impressed solar developers with its equipment, is following up a major North Carolina project with a large installation in Japan.


Conergy completes first solar installation via its $100 million solar fund

Conergy logo.

Launched in January in conjunction with Conergy's main shareholder Kawa, the U.S. solar investment vehicle this week closed-off its inaugural solar project in California.


Russia to pave way for PV

Russian White House

The Russian government is pushing for new wide-ranging legislation that will attract greater investment in renewable energy projects as the country's biggest grid operator looks to add 10 MW of solar by 2015.


SolarWorld AG closes financial restructuring, gains strategic investor

SolarWorld production facility in Freiburg.

The German PV manufacturer successfully reduced its financial liabilities by 57%, converting the remaining outstanding debt into two new secured bonds.


Tesla could drive energy storage price revolution

A Tesla electric car.

Plans for the Tesla Gigafactory to manufacture as many lith-ion battery packs as the rest of the world produces have caught the energy storage industry's attention. The resulting economies of scale could affect customers far...


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