Latest markets & trends headlines

UK: Solar spending cuts amount to 98% reduction in support, STA calculates

Solar park, England.

Analysis by the Solar Trade Association finds that the U.K. government's proposed cuts will see the rate of solar support fall from 70 million pounds a year to just two million.

Scotland looks to the sun as England, Wales turn their backs

Scottish coastline.

Scottish government confirms small-scale solar farms smaller than 5 MW will continue to be eligible for the ROC; Edinburgh launches ambitious community solar scheme.

SMA surpasses 1 GW inverter milestone in Japan

SMA solar inverter production.

The German inverter manufacturer becomes the first non-Japanese supplier to reach this milestone. Local presence in market since 2011 has delivered constant growth drivers.

Joint Sunpower/First Solar yieldco reports solid quarterly results

In its first quarterly results since becoming a public company, 8point3 reported strong results, in contrast to the poor stock performance for yieldcos across the board.

SolarCity maintains grip on US residential solar, says GTM report

The GTM Research leaderboard has SolarCity way out in front as the leading residential solar installer in the U.S.

GTM Research's U.S. PV Leaderboard finds SolarCity installed 34% of all residential array in the first half of the year, followed by Vivint at 12%; SolarCity also cornered 34% of the market in 2014.

JinkoSolar reaches lawsuit settlement to tune of $5.05 million


Chinese solar manufacturer enters into settlement relating to 2011 lawsuit brought over environmental regulation dispute to "eliminate uncertainty" and burden of further protracted litigation, says company.

US: Utility-scale solar averaging five cents/kWh, study finds

Solar PV plant in Nevada.

Report by Lawrence Berkeley National Laboratory finds that utility-scale solar project developers negotiate average PPAs of just five cents per kWh, an all-time low figure; 30% ITC helps lower costs.

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