PV, wind, hydro to dominate renewables through 2025
Global solar power capacity is due to increase from 93.7 GW in 2012 to 668.4 GW in 2025, according to a new report from Frost & Sullivan. Big price falls are weakening growth prospects for concentrated solar power, however.
One-third of SMA staff to lose their jobs
German inverter giant to cut 1,600 jobs, the majority of which will be in Germany, as poor European market continues to harm profits.
Florida Power & Light to add 225 MW of solar in 2016
The utility says the advantages of its select sites coupled with decreasing solar costs will allow for the cost-effective expansion of large-scale solar.
Abengoa breaks ground on 100 MW PV plant in Chile
In addition to the PV installation, the Atacama 1 facility will include the first solar thermal plant in Latin America. The Spanish renewable energy group says the two technologies complement each other to supply energy 24 hours a day.
Southern hospitality: Georgia and Florida reconsider solar lease bans
A proposed law introduced earlier this month in Georgia’s legislature would end the state’s current ban on third-party financing for on-site residential and commercial solar arrays.
Russia may impose huge fines against leading solar developers
While localization requirements continue to dog the construction of new PV plants in Russia, two companies have set up PV module fabs in the country.
Exosun expands tracking operations in South Africa
The French company, a leading provider of solar tracking technologies for utility-scale ground-mounted solar plants, says it is committed to local manufacturing of its trackers, “in full aligment with the South African local content policy.”
Korea's S-Energy offers module finance in US
The Tier 1 Korean manufacturer will allow its customers to choose between two different financing models in an attempt to lower barriers of entry into the U.S. solar market.
Bloomberg Philanthropies launches new Clean Energy Initiative
Backed by $48 million, the project aims to improve air quality, limit carbon pollution from power plants, spur clean energy investments, fight the health and economic impacts of climate change and support local, state and national partners to implement the EPAs Clean Power Plan.
India's clean energy investment to top $10bn in 2015
Strong policy support and increased investor confidence set to deliver clean energy bounce back, according to forecast from BNEF.
