Latest markets & trends headlines

California's utility-scale solar generation hits new peak of 4.8 GW

Peak solar generation had come near 4.8 GW on at least three other occasions during the summer prior to the August 15th, record. This peak generation comes as solar PV is meeting less demand overall in late summer.


Hanergy changes name, adds Thin Film Power

Hanergy building

The new branding reflects the company's global focus on thin-film technology. The company recently acquired U.S. firm Alta Devices.


Chaori Solar administrators to draft restructuring plan

Shanghai skyline.

Administrators of first Chinese company to default on a domestic corporate bond have drawn up plans to shape the reorganization of the company and its assets.


David Cameron stands firm on UK solar plans despite trade petition

U.K. Prime Minister David Cameron.

British PM's response to STA-led petition recognizes solar's key role in the U.K. energy mix but dismisses calls to review ROC decision.


SunPower introduces pilot solar lease program Down Under

Residential PV array, Perth, Australia

The company's pilot program in Melbourne is modeled after its successful residential leasing program in the United States. SunPower systems are available in other regions of Australia through cash and loan programs.


Dubai launches tender for 100 MW Phase II of solar park

Dubai skyline

After reviewing 49 potential projects in May, the electricity and water authority has shortlisted 24 developers for the second phase of the tender, which remains open to bids until October 23.


China, Saudi Arabia to cooperate on renewable energy development

Saudi Aramco PV installation.

The Middle Eastern kingdom targets 41 GW of solar power by 2032 as it seeks to free up more of its abundant oil and gas reserves for lucrative export.


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