Latest headlines

Australia: scrapping of carbon tax unlikely to stop solar

A solar array on Australia's Parliament House.

The Australian Federal Parliament voted to scrap the country's carbon price last week, causing concerns as to the future of PV in the country. However, the Australian Solar Council says that the move won't halt the growth of...


UK solar strategy favours commercial rooftop at expense of solar farms

Greg Barker, Reza Shaybani at SunSolarEnergy in Birmingham

Swathes of commercial and industrial roofs could be transformed into solar energy generating plants under a new solar strategy unveiled by the U.K. government on Friday.


EU lowers Chinese PV import volume

European Commission

In responding to lower installation forecasts in Europe, Brussels has reduced the import volume for photovoltaic manufacturers from China from 7 to 5.8 GW this year.


China Sunergy boosts revenue, narrows loss in 2013

China Sunergy building

The Nanjing-based company shipped a total of 235.8 MW in the fourth quarter, beating forecasts. CEO Stephen Cai attributes the company's improved performance on its operational flexibility, cost control efforts and entry into new...


Crisis in Ukraine threatens domestic PV industry

Russian President Vladimir Putin signs the treaty annexing the Republic of Crimea and the city of Sevastol on March 18, 2014.

The political crisis in Ukraine is threatening to hollow out the country's nascent PV industry as the world awaits the outcome of Russia's annexation of Crimea.


Romania adds 850 MW in past eight months despite incentive cuts

Romania 50 kW PV installation

The country is also increasingly working with Turkey on a number of ambitious energy projects, including a plans to build 1 GW of capacity and a 450-kilometer-long submarine electricity line connecting the two countries.


German equipment manufacturers expect sales increase of more than 25%

Stringer system, Teamtechnik

Germany's PV equipment and plant manufacturers are cautiously optimistic and expecting a 25 percent increase in revenue this year despite lacking a plan to ensure their competitiveness in the medium term.


First Solar radiates confidence as stock price rises 20%

First Solar module.

Monthly stock report shows impressive uptick for the Arizona company, while SunPower continues to create a buzz.


China, Japan shore up global market as Europe declines

The rapid expansion of the solar market in China and Japan is off-setting the decline across Europe, according to analysts IHS.


Manz posts record revenues despite sector contraction

Dieter Manz, CEO of Manz

The German plant manufacturer posts €266.2 million revenues for 2013, driven by growth in the display and semiconductor sectors. CEO calls for active industry PV policy in Germany.


Renewable energy milestones reported in UK and California

Californian utility PG&E sourced 22.5% of its power from renewable sources in 2013, while the average U.K. share hit a record 13.8%.


SMA suffers 36% sales drop in 2013

SMA CEO Pierre-Pascal Urbon

Despite retaining its position as the world's leading inverter company with 5.4 GW sold, SMA suffered a sales horror-show last year in the wake of European PV contraction.


Chinese PV exports to Europe fell 62% in 2013

China flag.

Figures from the China Chamber of Commerce confirm China-European business revenues down by $3.7bn last year.


Hanergy Solar posts 57% profit increase in 2013

Hanergy HQ, China.

The Chinese solar company enjoyed a net profit of $266.7 million last year, boosted by an increase in delivery of turnkey lines.


100 GW annual PV deployment by 2018, says NPD Solarbuzz

NPD Solarbuzz forecast graph

The global PV industry will add 100 GW of capacity a year by 2018 say the analysts, with c-Si technology set to dominate the landscape.


Solar spending could reach $3.8bn in 2014, says IHS

Rio de Janeiro, Brazil.

The analysts expect global expenditure on solar PV to increase by 45% on last year, with Latin America leading the way on manufacturing growth.


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