Latest markets & trends headlines

Malaysia increases surcharge to fund FIT program

The Malaysia flag.

The revised surcharge on renewable electricity will increase from 1% to 1.6% from January 1st, 2014.

SolarCity storage solution guards against increasing US power outages

Solar battery.

The company's DemandLogic smart energy storage system has been designed to use stored energy during peak demand hours, while also providing backup during grid outages.

Toshiba to install and operate PV systems on German apartment buildings

German city of Villingen

The electronics giant plans to sell solar power to residents at lower prices than utilities. Toshiba will initially install 3 MW serving 750 apartments with the aim of increasing capacity to more than 100 MW by 2016.

UK publishes revamped subsidy levels for renewables

UK Moor 1 2.7 MW installation, Spalding Lincolnshire

The Solar Trade Association applauded the move but took issue with some aspects of the country's new Electricity Market Reform, adding that developers may continue to rely on the existing Renewables Obligation scheme until 2017.

China's solar capacity to reach 10 GW in 2013

Shanghai, China

Total grid-connected solar capacity in China is set to triple to 10 GW by the end of the year. The country installed nearly 36 GW of new and renewable energy capacity in the first 10 months of 2013.

Australia hits 3 GW installed capacity milestone

Sydney Harbour, New South Wales, Australia

New figures have revealed that Australia has now installed 3 GW of solar PV. Rooftop arrays continue to dominate the market.

UK to cut solar subsidies, boost offshore wind support

London solar PV bridge

The British government says it will "rebalance" renewable energy subsidies in order to encourage private investment in offshore wind projects.

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