Figure represents an annual decline of 7% compared to last year, and sees Europe’s share of global PV demand fall to 22%.
Reports from the first quarter of the year show that 1.33 GW of PV capacity was installed in the US, with the residential sector outperforming commercial.
IHS says a record level of solar installations in the fourth quarter will start to benefit manufacturers from July onwards. The UK is predicted to overtake Germany and become the world’s fourth largest solar market in 2014.
Survey in advance of next week’s EPA carbon regulations shows that 66% of Americans believe that power system modernization is a good idea.
The filing for an initial public offering is to raise up to $50 million to invest in newer and cheaper ways to finance new PV plants.
The Chinese OEM manufacturer is switching focus to small-scale own-brand sales direct to the consumer. The strategy saw the company burn through $134m in three months.
The Indian government ministries of power, coal and renewables could make uneasy bedfellows. New PM Modi will unite all three departments under one minister.
The Indian ministry of commerce’s findings cited evidence of Chinese state interference in EU and US investigations. Preferential tax status for ‘strategic industries’ amounts to state interference.
Organized by the International Renewable Energy Agency (IRENA), the event explored RES applications for the energy-intensive tourism sectors of island nations struggling with the high costs of imported fossil fuel.
The Chinese companys financial report for the first quarter shows strong revenue increase on last year but an 8% decrease compared to Q4 2013.
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