Solar energy demand in major and emerging end markets has finally closed the gap with the industry’s overcapacity. After two years of belt-tightening, here’s what the future holds for PV manufacturers.
Sunverge Energy has picked up a AUD$3.8 million grant to develop its lithium battery and energy management software system. The grant comes from the Australian Renewable Energy Agency (ARENA).
The ADB has launched a clean energy investment hub at the Asia Clean Energy Forum. The intitiative is part of Ban Ki-Moon’s Sustainable Energy for All campaign.
Michael Liebreich, the founder and Advisory Board Chair at Bloomberg New Energy Finance (BNEF) may run to be the next mayor of London. Bookmakers have Liebreich ahead more established politicians.
Proposed cuts to Italy’s PV feed-in tariff program could leave solar investors with significantly less return than orginally guaranteed.
Update: The country’s remarkable PV performance demonstrates the need for electricity storage solutions, says Germany Trade & Invest (GTAI). Germany is nevertheless poised to miss this year’s target for added PV capacity.
Figures from Japan’s Ministry of Economy, Trade and Industry show that the country’s solar sector soared between March 2013 and March 2014.
Chinese solar giants Trina Solar will supply 60 MW of modules, including 25 MW of its dual glass module, for installation at Xinyi’s greenhouse solar project.
The government has relisted solar projects for a new renewable energy auction that has some $43 million slated for solar projects on the country’s outer islands.
Analysis from IHS Technology forecasts a solid upturn for the global solar PV supply chain sector after a weak first six months of the year.
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