OCI Solar Power LLC has begun construction on a 110 MW solar PV plant in Texas, the U.S. Work is expected to conclude by the end of next year.
The investment opportunities and business models in the energy storage industry need to be identified, writes Ernst & Young. In the energy industry in general, more focus needs to be placed on the customer, with utilities adapting their traditional supply and demand models. Energy security in the Mediterranean is also a top priority.
Hanergy Thin Film has cancelled the 900 MW a-Si equipment order it booked with its wholly-owned subsidiary, Fujan Apollo.
Yingli Green Energy Holding Company Limited has grid connected a 50 MW solar PV plant in Hebei Province, China.
Last week, it was announced 32 GW of utility-scale solar PV projects were currently under development in the U.S. ahead of the Federal energy investment tax credit (ITC) deadline. Analysts believe just 16 GW will be completed by the end of 2016.
Germanys Fraunhofer has announced the launch of a spin-off company, NexWafe GmbH to transfer its kerfless wafer production technology into production. Fraunhofer Venture will supply seed funding.
U.S. thin film manufacturer First Solar has achieved a major boost in module efficiency using its cadmium telluride technology. Today the company announced a full module efficiency of 18.2%, from an 18.6% aperture efficiency module.
Intersolar Europe opened its doors this week, prompting a flurry of bullish solar market reports outlining a glittering future for the renewable energy. That is, if the politicians and regulators play along. Energy storage was one of the most discussed topics (both at the show and in the wider industry), although inverters, India, Britain and the U.S. were also in the spotlight. Finally, two solar companies unveiled details of their upcoming IPOs.
A coalition of analyst bodies have delivered a positive prediction for the global industry at InterSolar 2015.
Sigmar Gabriel calls solar the backbone of Germany’s energy transition during a well-attended speech on the final day of the Intersolar Europe exhibition.
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