Latest markets & trends headlines

IFC partners on two 50 MW solar projects in Zambia

Victoria Falls.

The member of the World Bank Group has signed an MoU with Industrial Development Corporation Zambia to develop the country's first utility-scale solar PV projects.


Renewables accounted for 70% of new US generating capacity in H1, says FERC

Copper Mountain installation, Nevada.

Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV.


Solar industry berates UK government's subsidy withdrawal

Sheep at a solar farm in England.

U.K.'s leading solar voices say decision to scrap subsidies for small-scale solar is a blow to investor confidence, STA calls for bridging strategy to help solar reach grid parity.


India solar capacity forecast for 2020 raised by 240%

A newly released Deutsche Bank markets research report has adjusted its solar power forecast prognosis for India to 34 GW by 2020, an increase of about 240% from its previous estimation of 14 GW. India has a pivotal part to play...


UK to scrap subsidies for small-scale solar, announces changes to FIT

Solar farm in England.

The Department for Energy and Climate Change confirms Renewable Obligation scheme for sub-5 MW solar farms to be scrapped from April 1, 2016. Pre-accreditation from FIT to be removed for installations larger than 50 kW.


More mergers and acquisitions to come

A new report from Navigant Research sees increasing market competition fueling vertical integration as well as mergers and acquisition. The annual revenue from global PV installations is forecast to surpass $151 billion in 2024.


Yingli to construct 50 MW solar plant in China's Shanxi Province

Yingli solar park.

Chinese solar company chosen as EPC developer for solar power plant to be located in Datong City, to form part of China's National Advanced PV Technology Demonstration Center.


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