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Finance

Solar PV to outpace growth rate of green energy rivals

Photovoltaics set to enjoy an annual growth rate of 14.6 per cent to 2019. Report uses 2012 as its baseline.

Enel breaks ground on 230 MW of South African projects

Italian developer has started work on three of the four solar projects awarded it under a 2013 tender. Work is proceeding despite the struggles of utility Eskom to accommodate new projects in its grid.

PwC tasked with keeping Indian solar on track

Accountant hired by Indian government to ensure 100 GW-by-2022 target is hit. Professional services group will also assess likelihood of attaining grid parity.

Etrion: 138 MW in development in Chile, Japan

The Swiss company, which recently completed its majority owned 70 MW Salvador solar park in Chile, posted a 60% increase in net losses last year as revenue fell 8%.

Greece added just 13 MW in 2014

Despite technically reaching grid parity, Greece installed a mere 13 MW of new solar PV in 2014, according to official statistics released last week.

Graphene solar could be a game-changer

Canadian company says UCLA graphene supercapacitor will enable generation, transfer and storage of solar energy in one device. Technology would also boast superfast charging in product free of toxic metals.

Russian developers call for state aid

Projects are under threat because of plunging value of rouble against the dollar, say developers. Call for state to renegotiate terms of tenders.

Innotech subsidiary files for bankruptcy

Swedish subsidiary is insolvent. Innotech, which made two acquisitions in the last six months, refused to say what effect the insolvency would have on its business.

Environmentalists voice fears over Indian budget

Green groups say raising of renewable energy target is absurd as ministerial budget is slashed. Analysts say 10 GW market will be impossible without grid investment.

Virginia lawmakers embrace solar

Moves to stymie Clean Air Act defeated as Virginia legislators pass pro-solar measures. Non-residential net metering will double to 1 MW.

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