Latest headlines

Panasonic’s solar PV sales suffer from Japanese market weakness

Panasonic reports a slight decrease in sales and a sharper fall in profitability in its Eco Solutions business, which it blames on slowing domestic demand for its solar PV solutions and other products.

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.

Spain's Constitutional Tribunal gives a bitter Christmas gift to solar producers

Hours after learning of the Supreme Tribunal's doubts regarding the constitutionality of the removal of the feed-in tariff for PV, Spain's Ministry of Industry reports that the Constitutional Tribunal has dismissed an appeal by...

Abengoa redefines its solar strategy in Chile, gives assurances for 950 GWh awarded in auction

The bankruptcy process requires the Spanish company to slow down the Atacama 1 CSP project, to reconsider its list of local projects and consider selling various assets.

Nevada creates separate rate class and adds new charges for solar owners

Nevada regulators have set new rules for solar customers participating in net metering, including retroactive changes for those already participating in the program.

The perfect deal: Jigar Shah on the recent extension of the US Investment Tax Credit

In this exclusive interview with pv magazine, SunEdison founder and solar industry legend Jigar Shah gives his views on the recent extension of the U.S. ITC, why the phase-down was critical, and what the future holds.

61 MW solar project completed in Denmark

The site is said to be ideal for solar energy generation

Representing the largest project of its kind in Scandinavia, a 61 MW solar PV plant has been completed by Wirsol in Denmark. More projects are being planned by the company in the region next year.

Solar ITC extension approved in the U.S. Senate

Shortly after passage in the U.S. House of Representatives, the U.S. Senate has passed an omnibus spending bill which includes extension of the 30% federal ITC. This was the final vote before the bill is signed by U.S. President...

House approves spending bill with ITC extension

The U.S. House of Representatives has passed a funding bill that extends the ITC through 2020, with a graduated decline afterwards. The bill now moves to the U.S. Senate.

UK 2016: A Q1 boom, an "unviable" ground-mount sector and solar sans subsidies

The UK changes to solar support have met, predicatbly, with criticism

Following the official announcement by the U.K. Government of the new FIT for renewables from 2016 onwards, there has been a backlash about the lack of support for ground-mounted systems. IHS tells pv magazine the sector is...

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