US photovoltaic market to approach 20 GW in 2014
An influx of new capital for centralized and distributed generation is boosting strong growth. PV systems are increasingly attracting investments from installers and utility companies as well as institutional investors, private and municipalities.
Ingenious Clean Energy finances £27 million solar parks project
Barclays provided a £15 million loan towards the financing of three new solar parks in southwest England developed by British Solar Renewables.
Trina Solar posts first-quarter net profit of $26.5 million
The Chinese group is aiming to develop 400 MW to 500 MW of downstream PV projects in 2014 and expects to realize its module shipment target of 3.6 GW to 3.8 GW in 2014.
Proposed UK policy changes lead to reevaluation of 215 PV farms
Mid-scale solar farms, above 5 MW and below approximately 30 MW, are the group most at risk from DECC’s recent proposals. After March 2015, this size category would be unable to access ROCs.
Foresight fund secures £100 million to purchase UK solar farms
The solar asset manager expects to double its operational capacity in the U.K. in the next twelve months to some 200 MW. It’s latest acquisition includes the 37 MW Kencot, Oxfordshire, PV farm.
EU fossil fuel reserves dwindling, according to report
Disputed U.K. university report claims to illustrate just how dependent on Russia EU member states are. Anglia Ruskin research says France has less than a year’s domestic reserves of oil, coal and gas left.
Sunways prepares for liquidation
Proceedings have started to de-list the company’s stock from its main Frankfurt exchange. The company also announced its chairman of the management board has resigned.
US congressman says natural gas is the solution to EU-Russia energy crisis
Representative Fred Upton says the U.S. must export more liquified natural gas to help countries avoid an over-dependence on Russian gas. Upton described the U.S. as ‘the world’s emerging energy superpower.’
Indian election could see clean energy revolution
Wind power bosses expect great things if Narendra Modi becomes prime minister. As chief minister of Gujarat, Modi pioneered the introduction of the country’s first incentives for large-scale renewables.
Canadian Solar breaks ground on 60 MW cell fab in China
The Chinese manufacturer started work on a new solar cell factory in Jiangsu Province, China, on Saturday. The project is an 80-20 joint venture with wafer maker GCL-Poly as a minority partner.
