Solargiga, Motech to put 600 MW of new module capacity online in 2016
Citing growing demand, Solargiga plans to double module production through a joint venture with Motech in China.
Kong Sun sets 2 GW solar development target in China next year
Hong Kong-listed solar developer is aiming to end 2016 with a new installed PV base of 2.4 GW in China, building upon 2015’s estimates that has seen 1 GW of new capacity added.
Climate financing hits $391 billion, solar a key beneficiary
Climate financing reached US$391 billion in 2014. While private investment comprised the lions share driven by renewable energy deployment, and solar PV in particular public financing notably increased. Despite the rise, the investment gap between what is required and what is being delivered is said to be growing. A preference towards domestic financing also highlights the importance of policy and support frameworks.
Australia: Household battery storage to be economically attractive by 2020
Battery storage could be just five years away from being an economic no-brainer for some Australian solar households, according to a new report which predicts grid-connected battery storage will be economically attractive for many homes from around 2020. RenewEconomy reports.
India's Modi puts solar firmly on G20 agenda
The Prime Minister reiterated his desire to see more than $100bn invested in his Global Solar Alliance during the G20 meeting held in Turkey over the weekend.
SolarWorld shipments grow 25% Y/Y over first 9 months
The German-U.S. solar company confirms preliminary sales and shipments reports, reaching 784 MW of shipments in the first nine months of the year and sales of more than $580 million.
SunLink, Blattner to partner on 112.7 MW solar farm in U.S.
Collaboration between solar developer SunLink Corporation and EPC Blattner Energy follows earlier partnership delivering a 148.5 MW solar farm in southeastern U.S.
EC removes Chint Solar and Sunny Solar from minimum price agreement
The European Commission (EC) has confirmed the removal of Chint Solar and Sunny Energy for the minimum price undertaking (MIP). The German subsidiary of Chint Solar, Astronergy, reports that its activities are not affected by the decision.
IEA renewables forecast "inadequately low" includes "serious errors" says NGO
Energy Watch Group has criticized the International Energy Agency’s renewables predictions as containing “serious errors,” concluding that the forecasts are “inadequately low.” The international network of scientists and parliamentarians says that while leading analysts forecast annual installations for both wind and solar will grow by 10% through 2040, the IEA forecasts zero growth at best and 20 40% decreases in less optimistic scenarios.
The pv magazine weekly news digest
Amid new efficiency world records, surging growth for emerging solar markets and a bullish report from IHS predicting 272.4 GW of new capacity by 2019, naysayers and doom mongers are still making their voices heard.
