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Markets & Policy

Update: SunEdison to cut 15% of global workforce

Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.

Panasonic announces 22.5% module-level efficiency solar panel

Company claims new solar module prototype sets new world record for module-level efficiency based on mass-production technology. New HIT N330 high-powered module set to debut in U.K.

LCOE for renewables decreases, fossil fuels see increase

The generating cost comparison between renewable energies and fossil fuels is narrowing, with 2015 recording a “significant shift,” says BNEF. Overall, levelised costs of electricity (LCOEs) for renewable energies are decreasing, while those for fossil fuels are increasing.

South Africa announces 1.5 GW solar park plan

Energy ministry ‘putting in plans’ to develop large-scale PV plant in Northern Cape, augmenting wider aim to add 1 GW of renewable power to the grid to ease current constraints.

UK: Energy minister gets 'tough' on subsidies, backs fracking

Speaking at the Conservative conference, Amber Rudd says that there is no magic money tree to support the transition to low carbon economy, cites attractiveness of fracking as a “cheaper alternative”.

Germany calls for 200 MW in last PV tender of 2015

In the third, and final, solar PV auction of the year, the Federal Network Agency is looking to invite 200 MW worth of tenders for ground-mounted installations. The deadline for tender submissions is December 1. Again, the price for generated energy will be determined by a uniform pricing method.

European Parliament calls for end to solar MIP, duties

Members of the European Parliament (MEPs) have called for an end to the minimum import price (MIP), and anti-dumping and anti-subsidy duties on solar PV products coming into the EU from China, claiming the measures are slowing down the European solar sector. Unsurprisingly, EU ProSun does not agree.

From the Mag: A selection of stories from the October issue

Following a vibrant Solar Power International exhibition, pv magazine investigates the deepening relationship between U.S. utilities and the solar industry, plus Australia and home storage are also in the spotlight.

All Energy 2015: Enphase partners with Genesis for NZ storage trial

New Zealand’s largest gas and electricity utility Genesis Energy will trial Enphase Energy’s new storage system as part of the U.S. microinverter specialist’s Home Energy Solution.

GET warns of multi-crystalline wafer shortage in 2016

One of the larger wafer makers has warned of an impending shortage of multicrystalline wafers next year.

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