Latest markets & trends headlines

UK: Energy minister gets 'tough' on subsidies, backs fracking

Amber Rudd in India.

Speaking at the Conservative conference, Amber Rudd says that there is no magic money tree to support the transition to low carbon economy, cites attractiveness of fracking as a "cheaper alternative".

South Africa announces 1.5 GW solar park plan

Solar-powered mine.

Energy ministry 'putting in plans' to develop large-scale PV plant in Northern Cape, augmenting wider aim to add 1 GW of renewable power to the grid to ease current constraints.

Panasonic announces 22.5% module-level efficiency solar panel

Panasonic HIT cell.

Company claims new solar module prototype sets new world record for module-level efficiency based on mass-production technology. New HIT N330 high-powered module set to debut in U.K.

German government to invest EUR 1.5 billion to aid India's solar transition

Angela Merkel.

German chancellor Angela Merkel meets Indian Prime Minister Narendra Modi to discuss development of a clean energy corridor, with investment in solar power chief on the agenda.

OPDE begins construction of 30 MW UK solar projects

Solar farm construction, England.

The Spain-headquartered EPC aims to connect three large-scale solar farms to the U.K. grid between the end of this year and early 2016.

Enel Green Power offloads $1bn of Portuguese clean power assets

Portuguese solar installation.

Assets sold to Portugal's First State Wind Energy Investments as Enel looks to ease its debts and target faster-growing markets in Africa and Latin America, company says.

Canadian Solar purchases 59.8 MW solar assets from KKR

Ontario flag.

The vertically integrated Chinese solar firm has closed the purchase of three operating solar projects in Ontario from global investment firm KKR for a total of $203.7 million.

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