TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
Will Iran turn to PV?
Eye-catching news regarding solar PV in Iran is coming thick and fast, which is piquing the interest of investors in the Iranian energy market. But how realistic is Irans anticipated solar PV renaissance?
Mass industrial electricity price may continue to decline in China
In order to stimulate economic growth, the basic electricity price for mass industrial users may contentiously drop, even after several rounds of reduction.
USD 1 billion energy storage market in Germany by 2021
A new report from GTM Research forecasts that the energy storage market in Germany will have an annual value exceeding USD1 billion by 2021, as a collection of factors feed the markets growth within the country.
Approval on Hinkley Point nuclear plant expected on same day UK releases energy stats revealing renewables have overtaken coal
The approval of the heavily subsidized GBP 18bn nuclear project will be a bitter pill to swallow for the UK’s renewable energy industry, on a day that official energy statistics reveal renewable energies in the country generated more electricity than coal for the first time in 2015.
Cell of an achievement: Solar Impulse aircraft completes historic journey
Jubilant scenes as Bertrand Piccard touches down in Abu Dhabi to complete the Solar Impulse 2’s round-the-world flight powered by the sun.
Palestine clears way for inaugural 5.7 MW solar plant on the West Bank
Palestinian Authority’s Energy Ministry grants license for the first solar park to be developed on the West Bank. Dutch firm Gigawatt Global Cooperatief UA will partner with Palestine’s Rack Tech to build the plant.
SunPower settles Philippines wafer dispute for $50.5 million
In an SEC filing, the U.S. renewables company has settled a monocrystalline wafer supply dispute with a Philippines subcontractor for a sum of $50.5 million.
One in three UK solar jobs lost in past 12 months, data shows
Since government-backed changes in policy were introduced, the U.K. solar industry has seen a third of its jobs disappear, with 30% of companies likely cut employment further over next 12 months.
New $100m Australian solar fund to target large-scale blue chip solar assets
A new, AUD$100 million renewable energy investment fund that aims to buy up established solar farms around Australia has been launched by Melbourne-based Impact Investment Group, with the backing of some high profile names including respected economist Ross Garnaut and the Lieberman family.
