Figures from GTM Research suggest the market is evolving from niche sector to successful, growing segment of the solar industry.
Strong start to 2014 follows encouraging 2013 in which the company significantly reduced its consolidated net loss from the previous year.
The European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade Development Bank are to work together to finance EDP Renovaveiss (EDPR) building of 50 MW of solar plants in Romania.
The German solar PV company reported a consolidated loss of 10.7 million ($14.7 million) last year, down from 37.3 million in 2012.
The rapid expansion of the solar market in China and Japan is off-setting the decline across Europe, according to analysts IHS.
The U.S. conglomerate will invest in the Setouchi-based solar power project, which will cost an estimated $777 million and become Japans largest once complete.
The president of EU ProSun has reacted angrily to todays report from The Intergovernmental Panel on Climate Change, accusing the continents leaders of not doing enough to promote renewable energy.
The German plant manufacturer posts 266.2 million revenues for 2013, driven by growth in the display and semiconductor sectors. CEO calls for active industry PV policy in Germany.
U.S. commercial solar industry draws criticism for poor O&M record at the show as discussions center on need for systematic and standardized approach.
Hindustan Cleanenergy has signed PPAs for three solar projects in the Punjab and Uttar Pradesh regions of India.
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