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US solar power costs fall 60% in just 18 months

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.

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Global energy company E.ON moves towards solar as newest board member at SEIA

The Solar Energy Industries Association (SEIA) this week welcomed global energy company E.ON, headquartered in Essen, Germany, as the newest addition to its board of directors.

Boston ranked as most energy-efficient US city

The American Council for an Energy-Efficient Economy (ACEEE) ranks Boston as the most energy-efficient of 34 major U.S. cities rated.

PV book-to-bill ratio to remain at sub-parity levels for Q3

NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.

Sol Voltaics receives $9.4 million funding for nanotech development

The Sweden-based startup convinces Norwegian investors Umoe and others to invest close to $10 million to help the company develop the nanotechnology that can create 25% more efficient solar cells.

ReneSola closes $70 million share offering in preparation for polysilicon optimization

Chinese PV manufacturer ReneSola successfully closes $70 million securities offering on the NYSE, announcing that proceeds received are to be used for polysilicon production optimization.

Renewable energy now the cheapest option for Americans, study finds

Clean energy sources such as solar and wind are more cost-effective than coal-fired power plants when health and climate impacts are factored in, according to Springer’s Journal of Environmental Studies and Sciences.

BayWa r.e. to construct 45.4 MW solar farm in Aquitane, France

Munich-based renewable energy company BayWa r.e. begins construction on the largest solar power project in the company’s history — a 45.4 MW solar farm in the Aquitane region of France.

US company TRA strikes deal for 100 MW solar project in Pakistan

M/s Table Rock Associates (TRA) signs letter of intent with Pakistan’s Alternative Energy Development Board (AEDB) to construct a 100 MW PV power plant in the country’s Punjab province.

California approves shared renewable energy program

Approval of the largest program for shared renewable power in the U.S. passes in California, enabling schools, rental tenants and owners of homes in the shade to invest in solar energy projects.

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