Latest headlines

SolarCity value miscalculated by $400 million in Tesla merger

SolarCity van and installation. Flickr image by orngejuglr.

A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness,...

Smart money against hitting EU target

A smart meter.

The EU is on track to fall short of its target of having smart meters in 80% of households by 2020. Member states have committed more than $60 billion to the smart meter roll out.

China adds 3.3 GW of solar in six months

Pollution in Beijing.

The Asian superpower is on track to eclipse Europe as the world's solar powerhouse this year. But the first-half figure is well short of halfway to the stated target of 13 GW of new solar this year.

pv magazine's weekly news roundup

MS Turano PlanetSolar boat.

A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.

Indian government considers introducing FIT

India's prime minister Narendra Modi.

Narendra Modi's government is reportedly considering whether to introduce fixed payment incentives for solar. Any FIT would replace the country's reverse bidding process for developers.

First Solar eyes Pakistan

The flag of Pakistan.

After breaking into Indian solar with its first project, the U.S. thin film giant has stated an ambition to enter Pakistan's fledgling market. Pakistan has no utility scale projects on the ground yet.

SolarCity: Q2 losses double as installations and revenue soar

SolarCity rooftop installation.

The leading U.S. solar company posted smaller than expected losses of $47.7 million in the second quarter, the figure masking a 62% revenue increase.

Indian government pushes states to ultra-mega projects

Indian energy minister Piyush Goyal.

Plans have emerged for the Union government of Narendra Modi to kick-start mammoth-scale projects in five states. But there has still been no indication of where the panels will come from for ultra-mega projects.

07. August 2014 | | Comment now

First Solar announces first development project in India

While First Solar has been the single largest module supplier for the Indian market, with the 45 MW-AC project at two sites in the new state of Telangana the company is moving into project development in the nation as well.

PACE returns: 17 counties launch clean energy funding programs in California

Enabled by legislation at the state level, counties across California have launched property assessed clean energy (PACE) programs. This represents a revival for PACE, a promising mechanism for property owners to finance solar...

SunEdison shows strong growth in Q2 2014, supported by yieldco launch

SunEdison business installation

The solar developer's revenue grew 62% year-over-year in Q2 2014, and SunEdison ended the quarter with 475 MW of projects under construction. More importantly, the company held its yieldco IPO in July, as it moves towards a model...

Yingli surpasses 10 GW of global solar module deployment

Yingli solar PV installation.

The vertically integrated PV manufacturer reached the milestone in June, adding that the tally amounts to 40 million PV modules globally.

Germany launches renewable energy installation register

The Federal Network Agency in Bonn, Germany

Operators of wind turbines and biomass facilities will have to register their systems with the Federal Network Agency, which already keeps track of PV plants in order to determine solar subsidy degression rates based on the...

SMA posts increasing half-year losses, expects upturn in H2

Pierre-Pascal Urbon, SMA's CEO.

The German inverter manufacturer blamed weak demand in Europe for growing first-half losses but expects international demand to drive a dynamic second half in 2014.

Hanwha Q CELLS to top 1.5 GW production capacity before 2015

Q CELLS in production.

German PV company to add 230 MW production capacity to domestic and Malaysian fabs, grows shipments 68% in first half of 2014.

Bulgarian Constitutional Court hands down victory to solar industry

Drachevo PV plant, Bulgaria

Bulgaria installed just 1.18 MW in the first half of 2014, confirming the country's PV sector stall. Amidst the gloom, a court ruling last week has provided a needed ray of light.

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