Lux Research expects a healthy and profitable return of solar industry
Due to converging supply and demand, the solar industry is all set for a quick rebound. According to the new findings released by Lux Research, the global module capacity will fall to about 58 GW in 2015 and module margins will increase to 10% from the current near-zero averages.
New Jersey approves $446 million solar plan
New Jersey’s Board of Public Utilities (BPU) approved on Wednesday a US$446 million solar program.
Phoenix Solar completes a floating photovoltaic system in Singapore
Phoenix Solar has launched a floating photovoltaic system in Singapore. The system of 5 kWp capacity has been installed in the Pond Gardens of Bishan Park and donated by REC Module Pte Ltd.
Google invests $10m in South African solar project
Google director Rick Needham has revealed the search engine giant has invested ZAR103 million (US$10 million) in the Jasper Power Project.
Photovoltaic storage still not competitive in Germany
From a cost perspective it does not really matter whether wind and photovoltaic systems are probably better erected where it is particularly inexpensive to generate electricity, or instead where the electricity is actually consumed. The overall costs for the change in energy policy in Germany can be reduced in particular through less development of offshore wind power.
In U.S., mid-size project momentum "puts solar where the sun doesn't shine"
Momentum for municipal/mid-size solar installations is growing in the United States, says NPD Solarbuzz. The research firm’s analysts announced on Wednesday that solar projects in the range from 100 kW to 2 MW account for over 60% of the current U.S. project pipelines.
Trina Solar's first quarter results: domestic sales down
Photovoltaic module manufacturer Trina Solar Limited has announced their first quarter results for 2013. Module shipments saw a sequential decrease and Europe continued to bring the largest revenue slice for Trina Solar. Domestic sales saw a fall.
Japan's solar installations surge in first quarter
Information and analytics provider IHS Inc. has released a new report that shows a total installed PV capacity of 1.5 GW in Japan in the first quarter of 2013. The strong growth is expected to carry on throughout 2013.
Storage: Finding the right partners
Boston-based Lux Research has released a new report “Finding the Perfect Partner in the Global Grid Storage Market” that pinpoints strategic valuable partnerships as the key to success for developers as the storage market continues to grow. The Americas are slated to lose grid storage market share while Europe will see an expansion.
[UPDATE] Greentech plans to invest in the U.S.
Greentech Energy Systems A/S plans to invest in the United States, as business in Europe remains low.
