Latest headlines

Developments on over 1 GW of new PV in India

India's Prime Minister Narendra Modi

Progress on three solar schemes and projects in India, which have a potential combined capacity of 1050 MW, including 500 MW of rooftop PV being tendered by SECI, a piece of land being assigned for a 200 MW project in Rajasthan,...


Mexico awards more than 1 GW of solar at US$40.50/MWh

EGP, SunPower, Alten and Recurrent Energy were awarded PV projects in the first electricity auction following energy reform in Mexico. According to local press, the median price for solar was around US$40.50 per megawatt-hour.


Huawei edges out SMA as leading global inverter by shipments, finds GTM Research study

The GTM Research report has found that Huawei shipped more inverters in terms of MW than any other supplier in 2015.

The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and...


SEC investigating alleged SunEdison liquidity claims

SunEdison commercial installation.

According to the Wall Street Journal, the Securities and Exchange Commission doubts SunEdison's claims that its $1.4 billion in cash is readily available, and is investigating how much cash the company had to hand in August when...


Hanwha Q Cells returned to profitability during 2015, reports strong results

The Asian pv maker’s first year of results following the merger of Q Cells and SolarOne shows record shipments, low costs, high utilization rates and a return to a positive operating margin.


Clean energy investment double that of fossil fuels last year, figures show

Solar installation.

Data from the UN Environment Programme reveals $286 billion spent in renewable energy in 2015, outstripping investment in coal and gas significantly.


Daqo New Energy Corp. stabilizes in 2015 during tumultuous year for polysilicon

Despite falling polysilicon prices, Daqo was able to maintain robust revenue and operating margins in 2015.

The Chinese polysilicon manufacturer managed to maintain its revenues and operating margins just marginally below the levels of 2014, in the face of falling polysilicon prices, while sequential gains show a positive transition in...


Exclusive: New 50 MW university PV project to be built in Jordan

University of Zaytoona Philadelphia solar installation

pv magazine has learned that construction will begin in 2016 on a new 50 MW solar PV plant at the Al-Hussein Bin Talal University, in Jordan. The project will use Yingli modules and ABB inverters, and is a further indication of...


GCL Poly reports flat growth & healthy profit, appoints new CEO

The world’s largest polysilicon and wafer maker is also expanding its PV plant development and ownership business, and increased revenues from electricity sales.


Reports of SunEdison in debtor-in-possession talks, danger of bankruptcy

The long slide of SunEdison’s finances may be nearing bankruptcy, with a financial intelligence firm reporting that the company is in debtor-in-possession talks.


Meyer Burger orders surge 40%, fails to avoid 2015 loss

PV Meyer Burger

Swiss manufacturing technology supplier Meyer Burger has registered rapidly filling order book and modest revenue growth in 2015. Despite the robust performance, the company still incurred a CHF55.9 million (US$61.7 million) loss...


GT Advanced Technologies emerges from bankruptcy

GT Merlin cell

U.S. production equipment supplier GT Advanced Technologies (GTAT) has attracted US$80 million in new investment, bringing the company out of Chapter 11 bankruptcy. President and CEO David Keck says that it is a "new chapter for...


Texas grid expects 2 GW of new solar in 2016

This will greatly increase Texas' installed solar capacity, as the beginning of a boom anticipated in the state over the next 15 years.


7th ITRPV: PV tracks 21 percent learning curve, 200 GW cumulative landmark passed in 2015

Sunrise over the PV plant.

The seventh edition of the International Roadmap for Photovoltaics (ITRPV) has confirmed that PV producers are continuing to track the historic solar learning curve of 21%. A range of wafer, cell and module production...


Solar PV rose to 2.8% of Chile's electricity generation in February

The nation’s installed PV capacity reached 1.056 GW-AC, an increase of 43 MW over January.


US solar system prices fell 17% in 2015, finds GTM

Rooftop PV installation.

Joint year-in-review report conducted by SEIA and GTM Research finds residential system prices fell to $3.50 per watt last year, but largest price declines recorded in utility fixed-tilt sector, where costs hit a low of $1.33/W.


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