IHS increases 2015 PV forecast to 59 GW, 2016 to 65 GW
IHS Inc. has raised its global solar PV forecasts for the next two years, to 59 GW and 65 GW, respectively. The U.S. and China are leading the charge. In 2019, meanwhile, over 70 GW is expected to be installed.
GCL contracts Power China Beijing for 50 MW PV project
Yugan GCL has signed Power China Beijing up for EPC services for a 50 MW solar PV project in Chinas Jiangxi Province. The contract is worth US$69.6 million.
Canadian Solar to build 47 MW PV plant in Japan
Canadian Solar Inc. has signed an agreement with Mashiki Town and Kumamoto Prefecture to build a 47 MW solar PV plant. It is scheduled for completion in 2017.
SolarMax producing PV inverters again
The SolarMax Group has begun production of its solar PV inverters once again, having transferred operations from Switzerland to Germany. Expansion is on the cards.
Construction on 7 MW Ohio energy storage facility slated for mid-October
Construction on a 7 MW solar energy storage facility in Ohio is scheduled to begin this month, with completion expected next February. It will be tied to a PV plant, which will be online by the end of the year. The decision to add storage was made following the introduction of a bill, which saw negative changes to Solar Renewable Energy Credit (SREC) requirements.
China increases solar installation target for 2015
The country’s National Energy Administration is requiring new projects to be completed by the end of 2015 and connected to the grid by the end of June next year, a move that has led to increased installations for the year.
Solar Decathlon kicks off amidst NREL layoffs
As international university teams compete on innovative solar home designs, the U.S. Energy Department’s National Renewable Energy Laboratory, which has been instrumental in organizing the popular challenge, is facing increasing staff reductions after laying off 10% of its solar researchers this week.
All Energy: Hunt leaves door open for storage subsidies
Australian Minister for the Environment Greg Hunt appears to be shaping towards initiating subsidies for the installation of battery storage. The Minister addressed attendees on the opening day of the All Energy trade show in Melbourne yesterday, indicating that new programs to support cleantech deployment may be forthcoming, declaring that energy storage is the new black.
Energy Storage Systems secures $3.2 million flow battery VC funding
Pangaea Ventures invests in the Oregon-based developer’s All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.
IRENA calls for energy roadmaps to integrate renewables
IRENA has released a new report outlining measures for the development of national roadmaps to assist in the transition to renewables in a countrys power grid. Policy makers will need play a central role in successfully transforming power sectors, while stakeholder engagement is crucial.
