WFES: Egypt could add 500 MW of PV in 2016, says MESIA
A new report released by the Middle East Solar Industry Association at WFES forecasts a strong year for Egypt and Jordan in particular for the MENA region.
Nevada to reconsider retroactive changes to net metering
Nevada regulators will hear an appeal from the states consumer advocate asking to grandfather existing customers under the old net metering program, as the battle between the solar industry and the Sandoval Administration continues.
GTM Research: 59 GW of solar installed in 2015, 64 GW coming in 2016
The company’s latest forecast of global demand predicts big growth in the Indian and U.S. solar markets this year.
WFES: scaling renewables in GCC will reap huge social and economic benefits, says IRENA
An IRENA report presented at the World Future Energy Summit in Abu Dhabi outlines how Middle Eastern countries can reduce carbon footprint by 8% if GCC targets are achieved; WWF urges region to show more leadership.
Energy storage commercially viable, 900 MW expected in 2016
The energy storage market is shifting from R&D demonstration projects to a commercially viable market, states IHS, Inc. Q4 2015 saw a 45% increase in the global project pipeline, while 900 MW of projects are expected to be installed this year.
Mercom: Battery/storage M&A activity tops $2.4 billion in 2015
Mercom Capital Group has released its figures for battery/storage funding in 2015. While investment in the venture capital, and debt and public market financing sectors both fell, merger and acquisition (M&A) transactions saw a significant increase.
Japan: 10 GW of solar in 2015, 85 GW of renewables approved since 2012
Out of “at least” 51 GW of solar PV installed globally in 2015, Japan saw around 10 GW, according to calculations from the PV Market Alliance (PVMA). Since the introduction of its generous FIT in 2012, the country has approved 85.55 GW of renewable energy projects, according to reports. Solar is leading the charge.
Wafer utilization rates to be highest since 2010 on back of supply shortage
IHS, Inc. has confirmed a wafer supply shortage. This will lead to utilization rates of up to 88% in 2016, and increasing levels of outsourced production. Long-term contracts, often with pre-payment clauses applied, will affect some module manufacturers balance sheets. Prices for multicrystalline wafers are expected to continue their increase, while monocrystallines market share is set to grow.
Chile: 316 MW-AC of solar PV came online in 2015
The capacity of installed PV plants reached 848 MW-AC. Over 2 GW of solar PV is under construction.
California regulators may consider utility proposal for net metering 2.0
Advocates say that regulators may be considering an alternative proposal for the successor program to net metering, coordinated with the action of a front group backed by a SDG&Es parent company.
