Markets

The sustainable energy organization outlined the second addition of its global roadmap, claiming that if it were to be adopted, it could save the global economy up to $4.2 trillion annually by 2030, as well as saving 4 million lives a year due to reduced air pollution.

In what must be considered a symbolic victory for renewable energy, the Nanticoke Generating Station in Ontario, once North America’s largest coal plant, will be turned into a solar farm, after three years of inactivity.

The Lithuanian PV manufacturer Solitek is planning to double its production capacity for cells and glass-glass modules over the next two years. The company is aiming to achieve a bigger market share and compete on a global scale.

At today’s Power and Electricity World Africa 2016 conference, the opening panel discussion focused on visions and ambitious programs for Africa’s energy future, with 2030 and 2040 serving as useful goalposts.

The Chinese company will make the investment in various Chinese distributed PV projects over the next five years.

In its annual report for 2015 the French oil giant Total reveals the growing contribution of PV production in company’s income and pledges further support for clean energy sector in the upcoming years.

Three environmental groups and an elected official joined the solar industry in a rally against the San Diego utility’s attempts to change the details of the successor program to net metering.

The German chemical company had a successful 2015, raising revenues and its EBIT, and now expects overall growth through 2016, despite forecasting a significant decline in the EBITDA of its polysilicon business.

Poland’s Law and Justice government tightens opposition against more ambitious climate goals. The government believes that the existing targets are already difficult enough for the country to achieve.

The Japanese manufacturer has provided limited details about its plans for inverter production at its existing factory in São Paulo.