The PV panel testing company has left the fold four years after being acquired by DNV GL. Insiders have stressed the move should not be problematic as PVEL was allowed a degree of independence after it was acquired.
A New York-based legal practice is preparing a class action lawsuit against the Shanghai-based manufacturer after it delisted from the NY exchange in July and then reappeared on its Chinese counterpart.
The US electric car maker wants to start production of its Model 3 in the Chinese factory. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there.
This week, the Swedish furniture giant will begin offering its PV systems throughout Germany via the internet. The company’s “Solstrale” offer has been tested in five markets and Ikea has said it is “very satisfied” with the response.
The CEO of Masdar has reportedly told Reuters of his company’s ambition and said it would partly be achieved by developing projects in new territories.
Israeli company will offer $77m – made of up cash and shares – for a controlling stake in electric vehicle power train manufacturer SMRE with the aim of then making the Italian company a wholly-owned subsidiary as the Italian government plans a big EV push.
Including 80 MW of additional capacity at the testing stage, the country’s deployed PV capacity from large-scale solar auctions reached around 2.3 GW last year, according to a report by consultancy Greener. The study reveals a further 962 MW may be connected this year. Jinko, Canadian Solar and BYD are the largest module suppliers for the segment.
The country boasting the highest solar irradiance in Europe has now clearly resumed its race to become a superpower in renewable energy. Pushed by its large-scale segment, the Spanish PV market is expected to see strong growth for the entire next decade. Several factors are contributing to short-term success, including lower module costs and a hike in prices in the local spot electricity market. A series of challenges, however, may provide lower than expected growth, such as grid capacity and rules for access. Although the current Spanish government is seeking to improve the regulatory framework, caution must be advised on the policy side.
The redevelopment of a coal mine site is aimed to catalyze the decarbonization of the Macedonian power sector after reports have highlighted the negative impacts of the brown coal industry in the Balkans.
German research institute Fraunhofer ISE found that electricity generation from PV systems has increased 16% to reach 45.7 terawatt-hours, with photovoltaics comprising 8.4% of total generation.
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