Global sales of photovoltaic (PV) panels reached USD$37.2 billion last year, said the European Photonics Industry Consortiums (EPIC) Report on Photovoltaics: PV Market Overview 2009. During the same period, PV electrical generation capacity installed was 7.3 gigawatts (GW).
Germany’s upper house of parliament has agreed to a compromise proposal to reduce the cuts for solar power incentives. The law can now enter into force.
Germany’s Bundesrat upper house of parliament has agreed to a compromise proposal to reduce the cuts for solar power incentives. The reductions will be implemented over a three month period.
pvxchange has announced it has brokered more photovoltaics (PV) modules and inverters in the first half of this year than during the course of the whole previous year. At the same time, another 1,000 participants have registered on the online trading platform since the beginning of this year.
Many countries in Asia and the Pacific are well-suited to solar power initiatives, and incentives, and low-cost financing mechanisms should be made available to help the region make the transition possible, Asian Development Bank (ADB) President Haruhiko Kuroda has said.
Mercom Capital Group, llc has released its merger and acquisition (M&A) and funding activity results for solar energy for the second quarter (Q2) of this year. The results show that investment figures are higher than the first quarter (Q1). ?
The Solar Impulse HB-SIA solar plane has successfully completed its first night flight, thus leading the way for the company to explore human and technological limits further. The achievement, says the company, has marked a milestone in solar aviation history.
India has seen more than 300 percent growth in megawatt (MW) capacity for solar photovoltaics (PV) installations in the last two years.
Changes in incentive schemes and new regulations could see the total capacity of photovoltaics (PV) installations fall considerably in 2011, meaning new markets would have to pick up the shortfall. The news comes as IMS Research says that 14.6 gigawatts (GW) of new PV capacity will be added worldwide this year.
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