Markets

IBC Solar opening subsidiary in South Africa

IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.

Asia Pacific will be global leaders in clean energy in 2017, say Frost & Sullivan

A new report published by market analysts Frost & Sullivan expects outlook for clean energy markets to remain positive in 2017, in the face of global uncertainty. The report also states that Asia will lead the economically driven expansion of clean and green energy technologies.

Argentine province confirms financing for solar projects

PV projects in Mendoza awarded under the RenovAr program with 85% local content will be able to obtain financing through the FONDEAR Fund.

Solar provides 4.3% of Japan’s electricity during 2016

The latest data show solar taking an increasing role in Japan’s energy mix, however several provinces are nearing caps on PV capacity eligible for reimbursement for curtailed power.

Mercom: US$736 million invested in India’s solar sector in Q4 2016

The nation saw substantial debt, public markets and project funding during the final quarter of 2016, including the first Indian solar developer to go public.

MESIA solar awards winners announced at WFES

U.S. company Array Technologies and Indian EPC Sterling & Wilson were amongst the winners of the Middle East Solar Industry Association’s (MESIA) annual awards ceremony, which was presented at the World Future Energy Summit (WFES) 2017 being held in Abu Dhabi.

PVMA figures show 75 GW of solar PV was installed in 2016

The PV Market Alliance has released its official solar installation figures for 2016, which, with a total of 75 GW installed, show a 50% growth from 2015, mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.

BNEF predicts “revolution” in the power sector due to low-cost renewable energy

In their 10 predictions for 2017, Bloomberg New Energy Finance’s chair and chief editor argue that we are entering a phase where low-cost renewable energy will come to define the power system, despite ideological and financial headwinds.

Japan to build its largest rooftop PV plant at 7.5 MW

The Redwood Group will install PV modules on a second roof at a distribution center in Osaka, adding another 4 MW to an existing plant.

EU ProSun casts doubt on Solar Power Europe manufacturing figures

The conflict between the two organizations goes beyond policy approaches, with EU ProSun stating that SolarWorld was never contacted for information.