Turkey has developed its first National Renewable Energy Action Plan, targeting 30% of its energy from renewable sources by 2023. Of this total Turkey hopes to realize 5 GW of PV.
Latest installation data demonstrates Turkeys strong preference toward wind power. Solar PV, in contrast, either has fallen out of favor or Turkish institutions struggle to cope with the licensing process.
While figures released last month by Chinas National Energy Administration (NEA) confirm that the country fell well short of its 14 GW installed PV goal for 2014, it has not stop the administration from setting an ambitious target for 2015. Signs are that the country is more likely to reach its 2015 goal.
Figures released today by Green Energy Markets reveal that the Australian commercial rooftop segment is continuing to grow. The positive signs for the sector come as ET Solar announces a deal with Australias Clean Energy Finance Corporation to roll out a AUD$33 million (US$25.5 million) commercial rooftop PPA program.
Tesla Motors, the electric vehicle company throwing down a major challenge to the global motor industry, says it is now looking to become a front-runner in energy storage in a major new challenge to the traditional electric utility business model.
Overhang of excess capacity harms Applied Materials’ sales, but company expects rise in next quarter.
Up to 3 billion (US$3.4 billion) will be invested in the development of the Ukranian solar power industry by 2020, according to a recent statement of an official spokesman of the press-service of the Ukrainian Cabinet of Ministers.
Analysts at Frost & Sullivan have added their voices to the chorus confirming that falling oil prices will have little impact on solar investment. In its Annual Global Power and Energy Outlook, Frost & Sullivan forecasts installed PV capacity to grow to almost 450 GW by 2020.
Purpose of market overview is to help streamline the PV interconnection process in order to ultimately benefit utilities and solar consumers across the country.
Trina Solar has announced a framework agreement to develop 500 GW to 1 GW of PV power plant projects in China over three years. The agreement is with PingAn Trust and Jiangsu Juizhou Investment Group.
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