AIB: Renewables continue to grow at a rapid pace across Europe

The demand for green electricity in Europe, documented with Guarantee of Origin (GOs) has grown by 5% in 2016, now reaching nearly 370 TWh. Solar and wind are stepping up to challenge large hydro.

Saudi Arabia begins tender process for 300 MW PV plant

The Saudi Arabian Ministry of Energy, Industry and Mineral Resources today announced its first request for qualifications under the National Renewable Energy Program (NREP), as the Kingdom looks set to make concrete progress in renewables deployment after several years of stops and starts.

Better Energy completes 23.6 MW of projects in Germany

Danish solar developers Better Energy today announced the addition of four sites with total capacity of 23.6 MW to its portfolio in Germany.

The pv magazine weekly digest

Solar stats from around the world have been rolling into the pv magazine office this week, as analysts continue to predict big things for solar in 2017. Amid these expectations the industry continues to innovate and grow as a major part of the world’s energy supply.

SunPower & First Solar to supply projects in France

SunPower has announced that it will supply 64.4 MW of its high efficiency E-Series solar panels to seven PV power plants in France. Meanwhile, First Solar has announced that it will supply 106.5 MW of its thin film modules to power 14 power plants under the third round of procurement initiated by France’s Energy Regulatory Commission.

Foresight Solar Fund annual results show impressive growth

The investment company, which focuses on operating ground-mount solar assets in the UK achieved total revenue of GBP 34.2 million (US$ 42.7 million).

DSM acquires Chinese backsheet manufacturer Sunshine

The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.

UK local authorities cite lack of Government support as main barrier to solar

A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.

Nuon to combine 70 MW of solar with wind farms in the Netherlands

The Dutch subsidiary of Swedish energy giants Vattenfall has announced plans to add 70 MW of PV capacity at six windfarms located across the country. Plans to include storage applications at at least one of the sites are also in the works.

Azure Power quarterly results show 49% EBITDA increase

Indian solar developers post strong financial results for quarter ending 31st December 2016, with 49% EBITDA increase and 46% increase in revenue compared to the same period in the previous year.