Latest headlines

Australia: 450 MW of utility scale solar deals forecast for 2016

Nygan solar plant

The Australian large scale solar market segment is set to have a “breakout year” in 2016, with over 450 MW of project deals set to be signed. Green Energy Markets made the forecast today noting, however, that this level of...


Tax exemptions for solar components introduced in Brazil's legislature

A legislative committee has approved the introduction of exemptions to the IPI, PIS, Pasep and Cofins taxes for certain components of solar PV installations in the 8322/14 bill.


Customer turns owner: QSTec revealed as centrotherm investor

centrotherm

Centrotherm customer Qatar Solar Technologies (QSTec) is the foreign investor behind Solarpark Blautal, which has secured an 80% stake in German PV production equipment supplier centrotherm. Solarpark Blautal, in which...


Corporate funding in solar reached $25.3bn in 2015, finds Mercom Capital

Large-scale PV installation.

Report finds total corporate funding for the sector slightly below 2014, as were venture capital investments, which amounted to $1.1 billion for 2015.


07. January 2016 | | Comment now

SolarPower Europe welcomes UK's call for MIP suspension

UK Houses of Parliament

SolarPower Europe has described the UK government’s public stand against the solar Minimum Import Price (MIP) as “particularly welcome.” The comment comes after Andrea Leadsom, the UK’s Minister of State at Department of Energy...


Nevada: SolarCity announces 550 job losses, closes training center

SolarCity employs over 13,000 people in the US

Just over a week after Nevada’s Public Utilities Commission took the decision to scrap retail-rate net metering, SolarCity has announced 550 jobs will go in the U.S. state. The rooftop solar PV installer has also closed its...


06. January 2016 | | Comment now

Brazil doubles solar targets for utility-scale and distributed generation

A new plan by the government of Brazil includes 2024 targets for 7 GW of utility-scale solar and 1.32 GW of distributed PV installations, double the goals in the previous plan for 2023.


Third German solar tender delivers unit price of EUR 0.08/kWh

Germany's Bundestag, Berlin.

Value of solar struck in third German tender is nearly half a euro cent below unit price determined in the second tender round; bidders given 24 months to realize their solar parks.


05. January 2016 | | Comment now

NREL, CSEM set new efficiency record for dual-junction solar cell

The U.S./Swiss collaboration has yielded a 29.8% efficient PV cell based on gallium indium phosphide and crystalline silicon layers, without concentrated sunlight.


India to install 4.2 GW of rooftop solar under increased budget

How India intends to achieve its aim of 40 GW of rooftop solar by 2020 remains unclear

The Indian Government has unveiled plans to install 4.2 GW of grid connected solar PV up until 2019-20 under its National Solar Mission. A budget of around US$751 million has been allocated. It is still unclear how its 40 GW 2020...


SunEdison to wipe out $336 million in debt, while partnership buys stake in Dominion solar portfolio

The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.


China sets slightly lower solar target for 2016

Beijing, China.

The National Energy Administration issues statement outlining its clean energy goals for next year, which include the addition of 15 GW of solar PV capacity.


Hanergy founder to sell 6% stake, company loses $20bn since May

Hanergy HQ.

Li Hejun to sell 2.5 billion shares to unnamed buyer at fraction of previously traded price as analysts calculate Hanergy Thin Film is worth $20 billion less than since trading was suspended.


Enel Green Power begins construction of 254 MW Brazil solar plant

Bahia, Brazil.

Solar installation is located in the state of Bahia in Brazil's northeast, and will be built at a cost of $400 million, according to Enel Green Power.


SolarCity pulls out of Nevada

The company's response to the elimination of retail-rate net metering in Nevada is to leave and take 2,000 jobs with it.


China issues slight FIT cut for solar in 2016

An 11% cut to the solar FIT in China's western regions has been announced for 2016.

Reductions on the feed-in tariff for solar projects could be as much as 11%, according to statement issued by the National Development and Reform Commission.


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