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IHS: US, Japan to account for 50% of global PV inverter sales in 2015, 2016

Kagoshima City, Japan

Japan and the United States will be the main drivers for PV inverter suppliers in 2015 and 2016, according to a new report by IHS. Price drops resulting from growing competition will result in global revenue growth in 2016 of...


Suntech takes over GSF fund ownership

Suntech HQ

Suntech Power Holdings Co., Ltd has reached a settlement regarding its fraud dispute with GSF Capital Pte Limited (GSF Capital). A part of the agreement has seen the Chinese photovoltaic manufacturer taking over ownership of the...


Portugal reaches 225.5 MW of installed PV capacity

Portugal solar photovoltaic plant Martifer Solar

Cumulative photovoltaic capacity in Portugal reached 225.5 MW at the end of 2012, according to a report published by the Portuguese energy regulator, DGGE (Direcção Geral de Energia e Geologia), on March 4.


India contemplates new funding model for solar mission despite budget deficit fears

India solar photovoltaic plant

India’s Ministry of New and Renewable Energy (MNRE) has today said that a Viability Gap Funding (VGF) model has been "envisaged" for the second phase of the country’s Jawaharlal Nehru National Solar Mission (JNNSM). National...


Germany’s Hawi announces insolvency

Germany-based Hawi Energietechnik AG is insolvent. Around 100 employees have been affected by the news.


US leads China in solar exports

US-China solar energy trade flows 2011 (US$) chart

Bring it on! The United States doesn’t know its own strength when it comes to competition with China, according to a report just released by the Washington, DC-based Pew Research Center. And that holds especially true in the...


Greece adds 300 MW of PV capacity in January

Greece solar photovoltaic park thin film

According to the latest figures, 300 MW of newly installed photovoltaic capacity was added to Greece’s grid in January. Meanwhile, new forecasts estimate 2.58 GW and 2.82 GW of cumulative capacity at the end of 2013 and 2014,...


Financial markets "endorse" Obama DOE and EPA nominees

Barack Obama with DOE and EPA nominations 2013

In Washington, DC, this week, Department of Energy (DOE) Secretary Steven Chu and Environmental Protection Agency (EPA) Secretary Lisa Jackson officially vacated their seats in the Cabinet, leaving considerable baggage behind....


Inverter buyer survey: Storage seen as key

An inverter buyers survey conducted by IHS Inc. revealed that there is a growing need for energy storage in PV systems. More than 400 global PV inverter customers responded to the survey, of which a third expect to be using...


Italy: PV generation rose 11% in February

Italy solar photovoltaic park

While overall electricity consumption fell 8.1% in Italy last month, photovoltaic power generation increased by 11.2%.


Solarion applies for self-administrative insolvency

Solarion CIGS thin film solar photovoltaics

Germany-based CIGS thin film manufacturer Solarion AG has applied for self-administrative insolvency with the District Court in Germany’s Leipzig. Lucas Flöther has been appointed trustee to oversee the restructuring.


Official: Chinese PV modules must register in EU

Suntech Chinese solar photovoltaic modules

As of today, March 5, all Chinese photovoltaic modules and their main components coming into the EU must register with national customs authorities. This means should anti-dumping tariffs be imposed at the end of the year, they...


Solar Frontier banks on higher Japanese sales

Atsuhiko Hirano Solar Frontier

Solar Frontier expects to see a significant increase in its 2013 domestic sales on the back of the anticipated solar boom in Japan. Despite high utilization, however, the photovoltaic thin film module manufacturer is not planning...


Yingli: Net losses hit $0.5 billion; expects to ship over 3 GW in 2013

Yingli Green Energy solar photovoltaic park

2012 saw Yingli Green Energy Holding Company Limited record net losses totaling over US$0.5 billion – a slight decrease on 2011. Despite this, the company saw photovoltaic module shipments significantly increase. For 2013, it...


Isofotón unveils employee reorganization plan

Isofoton HQ

Isofotón has unveiled its employee reorganization plan, which is expected to affect staff at its Malaga manufacturing plant in Spain. The international business is still said to be "solid, solvent and profitable."


Greece: New bill aims to cut PV red tape

Greece Drama solar photovoltaic project

A new bill has been brought to the Greek parliament, aimed at speeding up so-called "fast track" strategic investments, including for photovoltaic projects. The goal is to reduce red tape and increase flexibility. Financing...


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