New research from analysts Navigant Research predicts that revenues from distributed generation (DG) are set to reach $182 billion, by 2023. Navigant reports that in Western Europe, the growth of DG is causing the most disruption to utility business models.
US-based PV developer SPI Solar has acquired a 30.5 MW pipeline in the UK. The agreement also grants SPI the exclusive rights to develop a further 50 MW of projects.
The flood of money pouring into renewable energy around the world is trickling down and creating new revenue streams for established businesses eager for growth.
Portugal added 33 MW of solar PV capacity in the first six months of 2014. A significant reduction in new mini installations is worrying, though, given the Portuguese PV sector is predominantly rooftop driven.
A pick of the biggest headlines in solar around the world this week, with details of elephants, bees, beer, gigafactories, ultra-mega, erm, things and electioneering in the UK… as Sid Vicious once said… almost.
The government’s National Energy Administration has pledged to help local authorities drive rooftop installation across the nation. The details were revealed in an investment note issued by Deutsche Bank.
GTM Research and SEIA’s Q2 Solar Market Insight reports the third consecutive quarter over 1 GW, with ongoing growth in the residential segment and a strong quarter for commercial PV.
The latest French government figures show solar PV market recovery continuing in the second quarter of 2014, led by large projects. During the quarter the nation surpassed 5 GW of installed PV.
The 33 MW-AC plant is being developed by SDC Energreen Aljaval, a joint venture between Mexico’s Energreen and Spanish group Aljaval, which is developing more than 300 MW of PV across the country.
Interview: Rafael Benjumea, CEO of Spanish developer FRV, warns that implementation of Australia’s RET Review recommendations will discourage investment in the country’s solar industry.
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