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US fund backs $480m Myanmar solar project

ACO Investment Group will collaborate with Myanmar’s Ministry of Electric Power to construct two 150 MW solar plants by 2016.

Rising silicon prices lift GCL-Poly back into the black

First half financial results reveal a 52% sales increase on the back of a 16% rise in polysilicon spot prices.

SPI Solar subsidiary seals 30 MW China deal

Xinyu Xinwei New Energy will engineer, procure and construct a 30 MW solar PV plant in Zhongwei City, China.

Sonnedix closes financing on inaugural Japanese PV project

The global solar power developer has secured financing for two solar PV plants totaling 4.5 MW in Japan’s Yamanashi Prefecture.

Australia: Solar costs could rise 50% if RET cut

Householders could be hit with increased system costs if Australia’s government winds back the Renewable Energy Target.

SolarWorld module shipments reach record levels

Company CEO Frank Asbeck confirms August and July to be best months ever for German company’s shipment volumes.

pv magazine weekly news round-up: Aug 22-29

A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.

A complex market: An interview with Dr. Rodrigo Sauaia of ABSolar on Brazil's PV market

Dr. Rodrigo Sauaia serves as executive director of ABSolar, the Brazilian Solar Industry Association. The following interview was conducted at the Intersolar South America trade show, and addresses the barriers and promise of Brazil’s solar market.

IEA: Uncertainty threatens to slow renewable energy momentum

Annual growth in new renewable power will slow and stabilize after 2014, putting renewables at risk of falling short of the absolute generation levels needed to meet global climate change objectives, the IEA warns.

Review panel puts renewable energy target in crosshairs

The review calls recommends closing the Renewable Energy Target scheme to new entrants and reducing investment and subsidies for large-scale and household renewable energy projects.

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