Hopes remain that the commercial rooftop market will grow strongly to make up for the expected sharp decline in solar farm development in the U.K. this year and particularly in 2016. However, FIT degradations built into the U.K.s current incentive program could provide a break on this promising market.
The Chinese company continued to shift its focus to retail-oriented and commercial customers with bundled services and downstream projects last year.
Attraction in the U.K.’s residential and commercial rooftop sectors growing as industry seeks much-needed stability.
Deutsche Bank says solar market is massive, will generate $5 trillion in revenue by 2030. It describes solar plus storage as the next killer app, and says even in India there will be 25% solar by 2022.
The company’s former executive chairman, Andrew de Pass, will lead Conergy as new chief executive officer. The Hamburg-based firm aims to expand its businesses in solar development, finance, EPC and O&M services.
Powerful communications and safety hub added to the Tigo Smart Platform.
Despite its soaring stock price, analyst and press reports asking serious questions of Hanergy’s chances for success continue to be raised. Hanergy has at least begun to announce module sales, although industry insiders remain skeptical of their nature.
With its economy improving and energy demand growing, Egypt’s renewable energy sector is attracting increasing attention from local and foreign investors with ambitious plans.
U.K.-based Azuri Technologies is expanding its offering into Tanzania through a partnership with mobile telephony provider Tigo and retailer Lotus Africa. The trio hopes to supply 100,000 rural households with pay-as-you-go solar in Tanzania within two years.
The Chinese manufacturer reports good business in Europe and Asia, thanks to its global manufacturing base and sales network, and strong sequential shipment growth in the second quarter.
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