Latest markets & trends headlines
First Solar has commenced construction at its third project in California’s Imperial Valley. The 150 MW Solar Gen 2 project is expected to be completed by July 2014.
The cost of solar power in the U.S. is now 60% cheaper than it was in early 2011, according to a joint report by the U.S. Solar Energy Industries Association (SEIA) and GTM Research.
Intersolar South America opened in Sao Paulo on Wednesday with a clear focus on the domestic market. The event’s first day made apparent Brazil’s solar potential in both distributed generation and large-scale power plants.
The European Investment Bank (EIB), supported by Italian export credit agency SACE S.p.A, signs EUR 40 million loan as first instalment to SREI Infrastructure Finance Limited (SREI) to finance renewable energy projects in India.
As Germans prepare to go to the polls on Sunday, renewable energy policy remains a point of contention among diverse interest groups. Proposals to overhaul the current RE law leave out grass-root endeavors, however.
The U.S. state of Utah has lagged behind other western states in installed solar capacity, but that is slowly changing. Energy Capital Group has unveiled plans for a 300 MW PV plant in the state.
NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.