IRENA calls for a doubling of global renewables to save over USD4 trillion a year
The sustainable energy organization outlined the second addition of its global roadmap, claiming that if it were to be adopted, it could save the global economy up to $4.2 trillion annually by 2030, as well as saving 4 million lives a year due to reduced air pollution.
SolarWorld shipments grow 36% in 2015, charts course for profitable 2016
German solar manufacturer SolarWorld shipped over 1.159 GW of PV modules and cells in 2015, returning an EBIT loss of 4 million (US$4.53 million). The company reports orders to date of 800 MW this year, as it forecasts 20% sales and revenue growth in 2016, to deliver a profitable full year result.
North Americas largest coal plant to be reopened as 44MW solar farm
In what must be considered a symbolic victory for renewable energy, the Nanticoke Generating Station in Ontario, once North Americas largest coal plant, will be turned into a solar farm, after three years of inactivity.
Solitek to double cell and module production in two years
The Lithuanian PV manufacturer Solitek is planning to double its production capacity for cells and glass-glass modules over the next two years. The company is aiming to achieve a bigger market share and compete on a global scale.
Grid independence in Africa Day 2 of Solar Show Africa 2016
At todays Power and Electricity World Africa 2016 conference, the opening panel discussion focused on visions and ambitious programs for Africas energy future, with 2030 and 2040 serving as useful goalposts.
SANY plans USD7.7 BN investment in distributed PV
The Chinese company will make the investment in various Chinese distributed PV projects over the next five years.
Total pledges USD500 million for renewables and further support for PV
In its annual report for 2015 the French oil giant Total reveals the growing contribution of PV production in companys income and pledges further support for clean energy sector in the upcoming years.
Centrotherm records EUR19 million 2015 earnings, due to one-off revenues
German polysilicon and PV production equipment supplier centrotherm has recorded 2015 earnings of 19 million (US$21.5 million). The result exceeded predictions due to one-off effects.
Environmental, solar groups protest SDG&Es attempts to change net metering 2.0
Three environmental groups and an elected official joined the solar industry in a rally against the San Diego utilitys attempts to change the details of the successor program to net metering.
Wacker saw revenues increase in 2015, despite drop in polysilicon prices
The German chemical company had a successful 2015, raising revenues and its EBIT, and now expects overall growth through 2016, despite forecasting a significant decline in the EBITDA of its polysilicon business.
