Markets & Policy

U.S. solar firm signs 20-year power purchase agreement with Nevada utility NV Energy for a 100 MW solar PV plant planned for the state’s Eldorado Valley in Boulder City.

A new report from Navigant Research sees increasing market competition fueling vertical integration as well as mergers and acquisition. The annual revenue from global PV installations is forecast to surpass $151 billion in 2024.

The Department for Energy and Climate Change confirms Renewable Obligation scheme for sub-5 MW solar farms to be scrapped from April 1, 2016. Pre-accreditation from FIT to be removed for installations larger than 50 kW.

A newly released Deutsche Bank markets research report has adjusted its solar power forecast prognosis for India to 34 GW by 2020, an increase of about 240% from its previous estimation of 14 GW. India has a pivotal part to play with its 2020 commitment to solar energy increasing five-folds to 100 GW.

U.K.’s leading solar voices say decision to scrap subsidies for small-scale solar is a blow to investor confidence, STA calls for bridging strategy to help solar reach grid parity.

Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV.

The member of the World Bank Group has signed an MoU with Industrial Development Corporation Zambia to develop the country’s first utility-scale solar PV projects.

Development planned for Telangana region and marks Hanwha Q Cells’ first investment in large-scale solar projects in India’s growing market.

$2.2 billion acquisition of Vivint Solar raises stakes for U.S. residential solar sector, with industry analysts and players confident the move will prove widely beneficial.

The global investor to acquire 80% of Gestamp Solar from parent company Gestamp Renewables.