Finance

Study by Germany’s Öko-Institut on behalf of European Environment Agency finds that just 25 GW of Europe-wide solar PV could support the goal of reaching 10% electric vehicle penetration by 2050.

Data by the European Renewable Energies Federation forecasts the British energy ‘prosumer’ to grow from one million in 2015 to 24 million as more and more citizens begin to make valuable energy contributions.

Board of the German solar equipment manufacturer appoints Jan von Schuckmann as company CEO. Change of management elsewhere sees Gunter Fauth appointed as COO, with Peter Augustin making way.

World Bank Group member, International Finance Corp. is to collaborate with the Canadian government to fund a $76 million, 50 MW solar farm in Jordan to be developed by Fotowatio Renewable Ventures.

Germany-based solar developer signs framework agreement to offload some Japanese PV assets for EUR 90 million to Spanish investment firm BRUC Capital.

Construction is due to begin on six solar PV plants in the Indian state of Telangana by Germany’s Belectric, which will provide turnkey solutions totaling 104 MW of solar power in the state.

The Chinese firm will spend GBP 30 million to acquire the solar farms, which have a combined capacity of 82.4 MW. Agreement struck to buy 40 MW Chinese plant from Shunfeng.

U.S. microinverter specialist announces restructuring and cost savings initiative that will see the firm reduce its global workforce by around 11% and cut annual operating expenses by $20 million.

International Renewable Energy Agency to outline steps that members of the Association of Southeast Asian Nations can take to hit target of 23% renewable penetration in region by 2025.

Is the new record-low price for PV reported this week in Abu Dhabi a killer-watt for solar? Prices plunge in India too, while Tesla’s acquisition of SolarCity stirs up a lawsuit or four.