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Obama wants oil companies to pick up $2bn advanced vehicles tab

U.S. President Barack Obama has fleshed out the details of the clean energy proposals he referred to in his State of the Union address dedicated to setting out his second term objectives.

Japanese solar will overtake Germany and the US in 2013

Japan’s decision to turn its back on nuclear and offer the world’s most generous PV FIT scheme is set to see the country overtake Italy, Germany and the U.S. this year to become the world’s second biggest solar market in 2013.

Planned German storage incentive criticized

The Energy Storage conference in Düsseldorf, Germany, began with more than 500 visitors. Project examples show the conditions under which storage systems pay off and make sense.

EU energy infrastructure budget halved by austerity drive

Documentation relating to the new EU energy infrastructure guidelines has laid bare just how savagely austerity-driven leaders cut the funds available to upgrade grids to harness renewables.

Suntech "technically insolvent"; Wuxi Government to step in

As speculation mounts over whether Suntech Power Holdings Co. Ltd will default on its bond repayments and be forced to file for involuntary bankruptcy today, it seems the Wuxi Government in China is almost certain to bail Suntech out. Maxim Group writes that the company is “technically insolvent.”

Financial breakthroughs propel solar from alternative energy to mainstream industry

New financial models are expected to help propel solar from being an “alternative energy” to a mainstream industry, states U.S.-based Clean Edge. It adds that PV revenues are forecast to grow to $123.6 billion by 2022. Meanwhile, solar energy will continue to expand as a major economic force, with an increasing focus on the technology’s deployment.

EPIA calls for EU industrial policy for solar

The European Photovoltaic Industry Association (EPIA) has called for an EU industrial policy to drive innovation and research into solar.

SMA pays €40 million for Chinese inverter company stake

With the Chinese authorities having approved the transaction, Germany’s SMA Solar Technology AG now officially owns 72.5% of China-based Jiangsu Zeversolar New Energy Co., Ltd.

California: World's largest solar towers plan

Spanish firm Abengoa and Californian concentrating solar power (CSP) experts BrightSource Energy have announced plans for the world’s largest twin solar towers.

France announces 400 MW tender for large PV plants

The French Ministry of Energy, Ecology and Sustainable Development has announced a tender for 400 MW of PV plants 250 kW and larger.

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