Climate financing hits $391 billion, solar a key beneficiary
Climate financing reached US$391 billion in 2014. While private investment comprised the lions share driven by renewable energy deployment, and solar PV in particular public financing notably increased. Despite the rise, the investment gap between what is required and what is being delivered is said to be growing. A preference towards domestic financing also highlights the importance of policy and support frameworks.
India's Modi puts solar firmly on G20 agenda
The Prime Minister reiterated his desire to see more than $100bn invested in his Global Solar Alliance during the G20 meeting held in Turkey over the weekend.
SolarWorld shipments grow 25% Y/Y over first 9 months
The German-U.S. solar company confirms preliminary sales and shipments reports, reaching 784 MW of shipments in the first nine months of the year and sales of more than $580 million.
SunLink, Blattner to partner on 112.7 MW solar farm in U.S.
Collaboration between solar developer SunLink Corporation and EPC Blattner Energy follows earlier partnership delivering a 148.5 MW solar farm in southeastern U.S.
EC removes Chint Solar and Sunny Solar from minimum price agreement
The European Commission (EC) has confirmed the removal of Chint Solar and Sunny Energy for the minimum price undertaking (MIP). The German subsidiary of Chint Solar, Astronergy, reports that its activities are not affected by the decision.
The pv magazine weekly news digest
Amid new efficiency world records, surging growth for emerging solar markets and a bullish report from IHS predicting 272.4 GW of new capacity by 2019, naysayers and doom mongers are still making their voices heard.
SMA raises sales forecasts again, Americas inverter sales to increase >35% in 2016
SMA Solar Technology AG has again raised its full year earnings forecasts, despite recording an overall net loss. Restructuring efforts are also paying off, with the company recording cost savings of 100 million. In 2016, it expects inverter sales in the Americas to increase by more than 35%; Japan will see a decline.
Neo Solar Power to expand PV manufacturing to Southeast Asia
Buried in Taiwanese PV maker NSP’s Q3 results is a statement that the company is moving production capacity to an un-named Southeast Asian nation.
Lightsource signs deal for 3 GW of solar in India
Investment of GBP 2 billion agreed during Indian Prime Minister Narendra Modi’s visit to the U.K. and is part of a wider GBP 10 billion trade deal between the two nations.
Sunpower introduces new PV module design, offers 2016 guidance
Sunpower has introduced a new PV module series based upon a novel interconnection technology, as well as warning of a fall in revenues and a loss in 2016 as it plows more projects into its yieldco.
