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Manufacturing

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.

Nigeria Alternative Energy Expo sets sights on solar

The conference will seek to match renewable energy project developers with global investors and examine innovative solar financing programs and off-grid solutions.

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.

GE creates $1 billion energy startup, 200 new jobs

With the aim of “transforming” the energy sector, GE has bundled its LED, solar, energy storage and electric vehicle businesses into an over US$1 billion new startup. Current will utilize GE’s Predix platform to deliver “energy-as-a-service” to a range of customers.

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 country’s power grid. Policy makers will need play a central role in successfully transforming power sectors, while stakeholder engagement is crucial.

Singulus lowers 2015 forecast despite solar sales uptick

German equipment manufacturer’s optical disc segment failing to meet expected demand, forcing an overall revision downwards of revenue for the year despite sales in solar segment expected to double.

The pv magazine weekly news digest

The race for solar panel efficiency heats up, SunEdison goes for a more streamlined model, Europe wants to nip the MIP in the bud, and Germany lends a helping hand to India.

Global solar investment shows flat growth in Q3 2015

Bloomberg New Energy Finance reports a 1% year-over-year fall in global solar investment to $43.9 billion, but notes distortion by currency effects.

Vector Cuatro acquires 83 MW in UK

The newly acquired assets in Britain add to Vector Cuatro’s growing portfolio of solar PV plants under management in three continents and already exceeding a total of 980 MW.

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