Latest headlines

IHS: Module gross profits to double in 2015

PV module manufacturing.

Gross profits for PV module producers will top US$5 billion in 2015, more than doubling on 2014 results. This is the prediction of industry analysts IHS, which attributed the growing profits a 30% increase in end demand.


MIT Energy Initiative: solar best potential for meeting humanity's needs

Solar sunrise over power lines.

Solar has been singled out by the MIT Energy Initiative (METEI) as holding the best potential for meeting humanity's future long-term energy needs while cutting greenhouse gas emissions. The research calls for more funding into...


EU to review China solar minimum price agreement

EU ProSun's Milan Nitzschke has been critical of Chinese practices in the European solar market.

Decision by European Commission to probe minimum import price on Chinese solar panels could force renewal of anti-dumping and anti-subsidy duties.


SolarCity narrows Q1 loss, beats installation forecast

SolarCity rooftop installation.

The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.


Global inverter market shrinks 4%, Asian suppliers gaining, says IHS

SMA service.

Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.


IEA: Clean-energy innovation essential to meeting climate goals

IEA Executive Director Maria van der Hoeven

The International Energy Agency presented its Energy Technology Perspectives 2015 report in Paris on Monday, which calls for a tripling of public spending on low-carbon technology R&D.


China's solar growth facing funding shortfall, reports Reuters

China's Hainan.

Despite global dominance, many Chinese suppliers could struggle to raise finance necessary to meet government’s ambitious solar targets.


Acces Power to develop 65 MW PV project in Egypt

Aswan region, Egypt

The Dubai-based group is set to contribute to the country's 4.3 GW renewable energy target. In addition to the solar plant in Aswan, which is set to begin construction next year, the company is also in discussions with Egyptian...


Solar opportunities on the rise in Egypt

SolarizEgypt's 10 kW grid-connected commercial PV plant in Heliopolis

While some observers have questioned the Egyptian government's solar policies and expressed concern over the country's FIT program and grid capacity, local players appear unworried. pv magazine spoke to Rana Alaa, co-founder and...


EPIA calls for free solar market

SNEC conference in Shanghai, EPIA's Oliver Schaefer and Murray Cameron 2015

The European Photovoltaic Industry Association (EPIA) has officially spoken out against the European minimum price on PV modules on Chinese and Taiwanese solar cells and modules. EPIA has taken the position against the EU minimum...


27. April 2015 | | Comment now

US: Solar hits over 1% of utility-scale generating capacity

The latest data from the Federal Energy Regulatory Commission (FERC) shows that renewable capacity clearly dominates the new power plants being added in the U.S. Over 75% of U.S. large-scale electrical generating capacity came...


Kingspan launches US solar energy company

Kingspan Energy PV project

The Irish group has expanded to the U.S. market, launching solar energy solutions provider Kingspan Energy, which will focus on 150 kW to 5 MW PV installations for the commercial and public sectors.


Tesla to announce home and utility-scale battery next week

Elon Musk of Tesla Motors.

Company sets April 30 date for unveiling, widely believed to be a new home battery and one for utility scale, to be produced at company’s new gigafactory.


SolarCity rolls out $1bn commercial solar rooftop fund

Wal-Mart solar installation.

Expansion of SolarCity's commercial ambitions aided by investment from Credit Suisse that will finance the installation of 300 MW of commercial solar rooftops.


SEIA rejects call for ITC phase down

Rhone Resch SEIA president

A report from Stanford Graduate School of Business has called for the solar Investment Tax Credit (ITC) to be phased down, to see it reduced gradually to 2024. SEIA has rejected the report saying that it fails to take into...


Sumitomo taps RES, Toshiba for major US energy storage project

Grid power lines, Denver, Colorado

The Japanese conglomerate is investing in renewable energy infrastructure to help balance the electricity grid serving the northeastern United States. Sumitomo has commissioned RES to build the first independent large-scale...


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