Division created to meet industry needs, the independent energy advisory announced. Storage halls abuzz on day one of show.
The industry body formerly known as EPIA had irked the German solar company with its opposition to EU trade duties, something SolarWorld had long lobbied for.
An 18% increase in shipments helped swell the Chinese inverter market to 13.3 GW, but revenues dropped 6% on the back of significant price declines, say the analysts.
The 8.1 MW Tower Hill Solar Park in south England has taken the South Korean company’s U.K. PV portfolio to 53 MW. Project completed under ROC grace period.
Last year was said to be a benchmark for renewable energy, with renewables producing more power in Europe than nuclear for the first time. In yet another glittering solar industry report, SolarPower Europe further calculates cumulative solar capacity could reach 540 GW, globally, by 2020, with a record 40 GW installed in 2014. China is set to “frame global growth.”
The International Renewable Energy Agency’s Remap 2030 program calls for renewable penetration to reach 45% by 2030, but can only do so if battery storage market enjoys equally prodigious expansion.
The Chinese inverter supplier to release series of high-efficiency string and central inverters at this week’s Intersolar Europe Exhibition in Munich, Germany.
Principal Solar Inc. is set to go public this week on the Nasdaq capital market. It is looking to raise up to US$26 million by selling up to 2.8 million shares. It plans to become the “world’s first distributed solar utility” and has identified targets, including SolarCity and TerraForm Power, which it could either partner with, or acquire. The U.S. solar company will also develop up to 500 MW of PV projects in Texas.
pv magazine’s June edition touches down in Israel to assess the solar mood on the ground, heads to a farm in Germany to inspect a latest technique in LED flashing, and examines how the mining industry is turning to PV in its many hours of need.
Leaders of G7 countries back global greenhouse gas reductions by between 40-70% by 2050, with full decarbonization of global economy by end of century.
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