Rapid expansion of renewables can pay off
A recent study by green electricity provider Greenpeace Energy has found that rapid expansion of renewable energy can lead to strong cost savings by 2030 in the billions range. The authors argue that consequential costs of coal and nuclear power are consistently hidden in politics.
PV inverter shipments fall in 2Q13
The latest report from IHS shows worldwide market shipments for solar PV inverters declining 5% year-on-year in the second quarter. The demand fall in key European markets has contributed to the decrease, a first since the third quarter of 2011.
Trade actions more hyperbole than hardship
The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.
Germany: 313 MW of newly installed PV in July
The Federal Network Agency in Germany has presented the latest figures for added photovoltaic capacity in the country. Up to now around 2,110 MW of total capacity has been registered. Solar parks exceeding 10 MW are no longer being developed.
Storage subsidy will energize German battery uptake
Consultancy IHS says the German government’s energy storage subsidy will do for batteries what FiTs did for PV eight years ago but interested homeowners need to move fast.
Sputnik Engineering to undergo strategic re-orientation
Inverter manufacturer Sputnik Engineering has decided on a strategic re-orientation to meet current market challenges. The company sees a stronger focus on Europe and the US as one of the primary measures to be undertaken. Already in August this year the company announced a strategic restructuring which affected the jobs of about 50 employees.
Positive sales figures thanks to antidumping measures, says Isofoton
Spanish solar cells and modules producer Isofoton has seen an increase in European orders for its modules since early August. The company has cited the antidumping measures as having boosted the sales figures.
Punjab plans 700 MW-1 GW plant
The Punjab Energy Council has reportedly approved the large scale Quaid-e-Azam scheme. The solar plant project will be headed by Punjab chief minister Muhammad Shahbaz Sharif.
Solon installs Bucharest's largest rooftop system
A Bucharest logistics center will house a 2.2 MW system comprised of almost 9,000 Solon 220/16 modules which are set to be installed in just seven weeks.
US adds 976 MW in second quarter
976 MW of new solar photovoltaic capacity has been added in the US in the second quarter of 2013. California alone accounted for 521 MW, a new record for PV added in any US state. US PV demand is forecast to reach 4.22 GW in 2013.
