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Finance

Global investment in clean energy tumbles 43% y/y in Q3, says BNEF

Report from Bloomberg New Energy Finance reveals investment in renewables and smart energy technologies reached just $42.4 billion in third quarter, which is a sizable drop on the same period last year.

REC grows Q2 module shipments 25% year-over-year

The Norwegian solar company shipped 326 MW of modules in the second quarter of 2016, with the EMEA region seeing an 87% increase in demand. U.S. accounted for 60% of all shipments.

Centrotherm narrows outlook as customers delay orders

German solar equipment manufacturer says it can no longer sustain its earnings forecast for the year as steep declines in the price of solar cells prompt investors to postpone investments in production equipment.

GT appoints Greg Knight CEO, reinforces focus on polysilicon

The solar and polysilicon equipment maker hasn’t said what will become of its Merlin cell interconnection technology or its Hyperion ion implant technology.

Meyer Burger secures further sizable equipment orders

The Swiss solar production equipment specialists announced that it has received two orders for its silicon wafer cutting equipment worth CHF 15 million (USD 15.35 million), just a week after the company initiated a major restructuring program.

sPower raises USD786 million for nine solar projects

This combination of tax equity and debt financing will support 339 MW of solar capacity in Southern California, for a total of USD2.32 per watt.

UK: Moixa launches affordable home solar+storage kit

The British battery company announces GBP 5,000 package comprising 2 kWh smart battery and 2 kW solar panel bundle for homeowners, landlords and housing associations in the U.K.

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UK generated more electricity from solar than coal over last six months

Between April and September this year, the U.K. produced more electricity from solar than from coal, finds new report from climate change analysts Carbon Brief. STA report adds voice and math to solar’s affordability.

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UK generated more electricity from solar than coal over last six months

Between April and September this year, the U.K. produced more electricity from solar than from coal, finds new report from climate change analysts Carbon Brief. STA report adds voice and math to solar’s affordability.

India tops 8.6 GW of solar, ratifies Paris agreement

India’s clean energy progress takes a couple more tangible steps as the country surpasses 8.6 GW of solar PV capacity installed and gives its approval to ratify the Paris Agreement.

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