The country has announced plans to triple solar capacity within three years. Renewables ambitions also include a 150 GW target for wind power by 2017.
The German inverter manufacturer maintained its share of international sales at 68% while first-quarter figures were in line with forecasts.
Local analysts say the government’s plans may negatively affect future foreign investment in the country’s solar sector.
Growing demand from Japan’s booming residential market as well as the mega-solar sector proved lucrative for the electronics giant, which achieved profitability after a hefty loss a year earlier.
Downstream developer China Merchants will take a 67.99% shareholding in the new company as poly maker GCL attempts to diversify its business.
The U.S. solar giant has called on the expertise of Australian metalworkers IXL Group in an example of the role the solar industry can play in areas hit by the decline of automotive manufacturing.
The Japanese electrical giant is considering registering as a power supplier in its domestic market. The Japanese energy market is due to be liberalized in 2016.
The US Supreme Court backed the EPA’s authority to regulate coal-fired power plants emitting smog over states to the east of them. The ruling will strengthen the EPA ahead of further carbon emission legislation expected next month.
The Chinese cellmaker’s asset-to-debt balance is finely balanced. But CEO predicts Chinese state-owned infrastructure projects will ease the Shanghai company into the second half of the year.
Oklahoma governor Mary Fallin said senate bill 1456 does not mandate any charges on net metering. The governor has called for all forms of energy generation to be encouraged in the state.
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