Valoe Corporation, formerly known as Cencorp, has received a EUR 4 million funding boost to develop its back contact solar PV technology. The company is also confident it will soon finalize financial negotiations for its first foreign manufacturing partnership agreement.
A memorandum of understanding (MOU) between the Russian Energy Agency (REA) and Solar Energy Corporation of India (SECI) will see both large-scale solar PV projects deployed, and manufacturing facilities established, in India.
According to the latest figures from the U.K. Department of Energy and Climate Change (DECC), cumulative solar PV capacity reached 8.4 GW in November, up from just 223 MW in 2011. This represents installs totaling 3.4 GW in the first 11 months of 2015. A Q1 boom is expected, before the new FIT cuts take effect.
The PV equipment maker has reported $22 million in solar orders in its most recent quarter, mostly from an un-named solar cell manufacturer in Asia.
The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment.
The National Energy Administration issues statement outlining its clean energy goals for next year, which include the addition of 15 GW of solar PV capacity.
Trio of life insurance companies strike deal worth $172 million to acquire 41.3 MW solar project in Kagoshima, Japan; Solariant Japan is developing the project.
One-third of Germanys electricity demand in 2015 was provided by renewable energy, with onshore wind and solar PV leading the way. Renewables academic Volker Quaschning published the findings today, compiling the data from a range of sources.
Data from Ofgem shows that Scotland added 39 MW of solar PV capacity in 2015, a 28% increase in the space of a year. Cumulative capacity north of the border now stands at 179 MW.
The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.
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