2015: 57 GW of solar PV installed, clean energy investment hits highest ever levels
BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.
SunEdison divests from polysilicon and wafer assets
The worlds largest renewable energy developer is shutting legacy polysilicon production and selling off a wafer facility. SunEdison says this is part of its move to an asset-light strategy, but it may also reflect polysilicon market conditions and a need to preserve cash.
BNEF names Trina Solar the worlds most bankable PV maker
The worlds largest PV module maker took the top spot out of 50 different module brands, with all respondents naming Trina as bankable.
Judge limits asset transfers by SunEdison, TerraForm Power
Shareholders of Latin American Power have successfully blocked SunEdison from transferring assets under unusual conditions until a February 25 hearing.
PV Crystalox closes Japanese wafer business, continues strategic review
The UK-based wafer maker will keep its German wafering operations going while it continues to mull future plans.
SunEdison sued by Latin American Power shareholders
The shareholders are asking for a court order to protect assets, claiming that SunEdison is near bankruptcy and is trying to hide assets.?
SolarCity reports strong Q4 results, resumes focus on growth
The largest U.S. residential solar company installed a record 272 MW during Q4, with a record low cost of US$2.71 per watt. With ITC extension, SolarCity has changed its strategy and will continue to pursue a larger market share.
US Clean Power Plan blocked by Supreme Court
The U.S. Supreme Court has put President Barack Obamas Clean Power Plan on hold until it determines the plans legal merits, expected this summer. Despite the surprise, many are confident the decision wont affect coals continued decline in the States amid a burgeoning renewable industry.
Orix on track to meet 900 MW Japanese solar goals
Japanese finance and leasing company, Orix has said it aims to invest around US$872 million in installing 550 MW of solar in Japan in the next two years. This would take its cumulative capacity to 900 MW, thus achieving targets outlined in 2014.
India: 50 MW Maharashtra tender attracts one bidder
Interest in solar auctions continue to wane in India in the face of reduced tariffs. In Maharashtra, a major tender failed to attract enough bids and it will now be held anew.
