Inverter shipments to reach 90 GW globally by 2020, says GTM
New report suggests that PV inverters and module level power electronics will grow by an average annual rate of 11% between now and 2020, with central inverters set to relinquish market dominance.
A booming solar equipment market is benefiting German manufacturers
A report from the German Engineering Federation shows that incoming orders for PV manufacturing equipment have more than doubled in Germany since the same period last year, which has mainly been driven by an increase in demand from Asia.
New 50 MW module production facility operational in Kosovo
The facility was developed by German company J. v. G. Thoma and its subsidiary J. v. G. Jaha Energy in Pristina, Kosovo, and will look to supply the growing solar market in the region.
TerniEnergia awarded EPC contract for 34 MW solar plant in Zambia
The Italian smart energy company will be taking care of the EPC activities for the project that was awarded under the World Banks Scaling Solar program, which saw record low prices for the sale of electricity generated by solar.
First ever commercial solar project realized in Laos
The system was completed by Laos-based Sunlabob Renewable Energy, who has worked on various small-scale systems within the country, and who is in the process of expanding its off-grid electrification program.
U.S. federal government leads energy storage commitments
At a summit at the White House a wide array of actors made commitments to fund and deploy energy storage, accompanied by the release of a new report on technical and economic dimensions of renewable energy integration.
IRENA forecasts 59% solar PV price reduction by 2025
New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.
SunPower, Sunverge collaborate on 4 MWh solar+storage project in New York
Virtual power plant plan will see 300 New York homes fitted with solar panels and battery to create system designed to feed stored energy to grid managed by utility, Con Edison.
Saudi Arabia's first global tender seeks 100 MW of solar PV
The Kingdom is calling on international investors to back two 50 MW PV projects in an inaugural tender by the Saudi Electricity Co. Expressions of interest should be submitted by June 20.
El Salvador begins auction process for 170 MW of renewables
The auction will be completed in December. The solicitation plans for a 100 MW block for solar PV and 70 MW for wind.
