Enel Green Power posts 11.1% revenue growth driven by US and Latam markets
The Italian renewable energy developer achieved revenues of $3.3bn in 2014 following strong performance in U.S. and Latin America.
Advanced Energy posts 27.9% Q4 inverter revenue decrease
The US power conversion technology company enjoyed increased revenues overall but cited pricing pressures and poor European performance for its suppressed inverter sales.
Oil price drop could propel US solar and renewables, finds BNEF report
Despite oil’s price slump having no direct impact on solar, a second-order effect could lead to greater stimulus to the U.S. renewable sector, report finds.
SMA seeks to cut costs by $180m
German inverter manufacturer expects earnings before tax of around $850m this year. The Niestetal-based company announced this week, 1,600 jobs will go by the end of June.
Siva Power reaches $10m milestone
Californian thin film manufacturer a step nearer being ‘the least expensive solar panel manufacturer worldwide.’ The arrival of the city of Wuxi as a backer may offer a hint as to the final location of 300 MW fab.
China unveils 15 GW solar target
Government wants to treble the amount of DG, including at least 3.15 GW of rooftop solar. The 15 GW total figure would represent a 50 per cent rise on the 10 GW installed in 2014.
The pv magazine weekly news digest
UK solar had them shouting from the rooftops this week, there was plenty to ponder after the WFES in Abu Dhabi, good news from Chile and President Obama’s meeting with Narendra Modi gave us the excuse to upload a picture of The Moody Blues… ask your parents.
China: Capital markets re-embraces PV industry
After a nearly two-year credit crunch, China’s capital markets appear to again be embracing the PV industry.
PV, wind, hydro to dominate renewables through 2025
Global solar power capacity is due to increase from 93.7 GW in 2012 to 668.4 GW in 2025, according to a new report from Frost & Sullivan. Big price falls are weakening growth prospects for concentrated solar power, however.
Florida Power & Light to add 225 MW of solar in 2016
The utility says the advantages of its select sites coupled with decreasing solar costs will allow for the cost-effective expansion of large-scale solar.
