Portuguese PV grows steadily
A report published by the Portuguese energy regulator, the DGGE (Direcção Geral de Energia e Geologia), on Thursday January 10, says cumulative solar power capacity in Portugal at the end of October 2012 reached 193.3 MW.
PV to grow in 2013 and stocks to bounce
While most photovoltaic manufacturers continue to record losses and some market outlooks remain bleak, new Deutsche Bank analysis has predicted that the solar market is set to grow by 22 percent to 33.4 GW in 2013.
New York State looks to the sun after a year of severe weather
In his 2013 State of the State Address delivered on January 9, New York Governor Andrew M. Cuomo outlined a comprehensive plan to make the region “the leader in the clean tech economy”, including expansion of the NY-Sun Initiative, a dynamic public-private partnership designed to drive solar industry growth and to make solar installations more affordable for all New Yorkers.
REC reduces poly production at US facility
The polysilicon pricing woes that have beset Norwegian manufacturer Renewable Energy Corporation (REC) for the past few years have prompted the company to reduce production at one if its two U.S. facilities.
Brokers take a shine to Chinese solar manufacturers
With news of the global polysilicon market full of doom and gloom for the past couple of years, the turn of 2013 has seen stock market investors starting to take a shine to Chinese solar firms.
Huge consolidation in upstream solar predicted for 2013
Market research consultant IHS iSuppli has offered a characteristically brutal prediction of the consolidation it expects in the global upstream solar market this year.
MENA markets to exceed 3GW annually by 2015
GTM Research’s new report “Middle East and North Africa Solar Market Outlook, 2013-2017” forecasts that the annual solar market in MENA countries will reach nearly 3.5 GW by 2015. This will encompass 8% of total global demand in 2015. The report was supported by the Emirates Solar Industry Association.
Japan: Solar Frontier to launch investment company
Japanese thin film manufacturer Solar Frontier will form an investment company with the Development Bank of Japan (DBJ) to provide financing for 100 MW of photovoltaic power plants a year. The company will look to finance projects currently under development and to develop projects outright, for sale to Independent Power Producers (IPP) and investors.
Mitsubishi acquires 55 MW of a French Photovoltaic Park
Japanese corporation Mitsubishi announced it has agreed to purchase a 50% stake in ToulRosières solar power plant tranche 1 (55MW), from EDF Energies Nouvelles (EDF EN).
US: Solar power plants to attract over $20 billion of investment by 2016
A new report from Frost & Sullivan has found that the utility scale solar power market in the U.S. will attract US$20.44 billion of investment by 2016. The report concludes that solar power is, “emerging from the shadow of conventional energy in the U.S.”
