BNEF: Solar poised for rapid growth in Mexico and Central America
Bloomberg New Energy Finance has presented a new report which finds that investments in solar slumped in the region in the first half of 2014, after booming in 2012 and 2013. However, the company notes strong drivers and policy momentum in both markets, and expects rapid growth across the region.
Indian government pushes states to ultra-mega projects
Plans have emerged for the Union government of Narendra Modi to kick-start mammoth-scale projects in five states. But there has still been no indication of where the panels will come from for ultra-mega projects.
SolarCity: Q2 losses double as installations and revenue soar
The leading U.S. solar company posted smaller than expected losses of $47.7 million in the second quarter, the figure masking a 62% revenue increase.
First Solar eyes Pakistan
After breaking into Indian solar with its first project, the U.S. thin film giant has stated an ambition to enter Pakistan’s fledgling market. Pakistan has no utility scale projects on the ground yet.
JinkoSolar opens 120 MW South African PV module factory
The $7.4 million production facility is JinkoSolar’s first such facility outside China, and signals the company’s intent to expand into the African market.
UK: ReneSola to supply 22 MW of solar modules to two projects
Two large-scale solar farms in England are to receive ReneSola’s Virtus I and II PV modules as the company cranks up its presence in this dynamic market.
Indian government considers introducing FIT
Narendra Modi’s government is reportedly considering whether to introduce fixed payment incentives for solar. Any FIT would replace the country’s reverse bidding process for developers.
pv magazine's weekly news roundup
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
China adds 3.3 GW of solar in six months
The Asian superpower is on track to eclipse Europe as the world’s solar powerhouse this year. But the first-half figure is well short of halfway to the stated target of 13 GW of new solar this year.
Lenders and leading developer focus on Nigerian market
Nigeria’s solar PV programme is expected to benefit from the latest funding approvals from a group of international lenders mere months after the country’s energy sub-sector attracted a leading global solar PV developer.
