Investment group plans £200 million UK solar investment
The Foresight Solar Fund would finance eight U.K. ground mount plants with the profits from a planned London IPO. A partner for the fund says solar offers a more attractive investment in the UK than wind.
Chinas PV dominance driven by production scale, not lower labor costs, study finds
Joint US study by the National Renewable Energy Laboratory (NREL) and the Massachusetts Institute of Technology (MIT) suggests Chinese PV advantage could be replicated globally with further innovation.
Trade actions more hyperbole than hardship
The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.
Storage subsidy will energize German battery uptake
Consultancy IHS says the German government’s energy storage subsidy will do for batteries what FiTs did for PV eight years ago but interested homeowners need to move fast.
Punjab plans 700 MW-1 GW plant
The Punjab Energy Council has reportedly approved the large scale Quaid-e-Azam scheme. The solar plant project will be headed by Punjab chief minister Muhammad Shahbaz Sharif.
Solon installs Bucharest's largest rooftop system
A Bucharest logistics center will house a 2.2 MW system comprised of almost 9,000 Solon 220/16 modules which are set to be installed in just seven weeks.
Czech lower house votes through end to FiT payments
The lower house voted through an anti-subsidy bill and retroactive tax before being dissolved in the wake of the corruption scandal that brought down Petr Necas’ government. The upper house will consider the bill later this month.
US to supply 20% of global solar demand to 2018
A 44 GW solar pipeline means the U.S. will supply 20% of global solar demand up to 2018, according to NPD Solarbuzz. The solar consultancy says California installed a state record 521 MW of PV from April to June.
REC shareholders to vote on new convertible bond
Rebellious REC shareholders will vote on a proposed $110m bond on Wednesday with a more controversial vote over splitting off the downstream solar business looming later in the month. REC wants to separate its module and silicon manufacturing businesses.
SolarWorld supplies largest solar project in Dominican Republic
U.S. manufacturer SolarWorld has supplied nearly 6,000 panels and racking for a 1.5 MW array at Cibao International Airport. The project is the largest in the Dominican Republic and one of the largest in Latin America.
