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Global fuel cells market to reach US$910.3 million in 2018

Transparency Market Research has released a new market report that states that global fuel cells demand is estimated to reach US$910.3 million in 2018. In 2011 the demand was worth US$355.3 million.

Chile: Pace of PV development quickens

A contract for the construction of a new 2 MW photovoltaic plant in northern Chile has been signed and a new 1.2 MW photovoltaic plant in central Chile has come online, all in the space of just five days, highlighting a heightened tempo of photovoltaic development in the country.

Conergy enters Romanian market

German photovoltaic manufacturer Conergy has announced its move into the Romanian photovoltaic market, having signed an agreement to develop a 2.2 MW power plant.

Germany: Promoting solar power storage

The Federal Solar Industry Association or BSW welcomes the announcement by the German government to promote the development of solar power storage.

Sungevity closes $125 million in funding

U.S. solar lease provider and online photovoltaic system retailer Sungevity has secured up to US$125 million, to continue to roll out its products. The funding comes in the form of $40 million equity funding and $85 million in project funding.

WFES 2013 shines in the light of politics

For the sixth time, top politicians from all over the world met in Abu Dhabi from 15th to 17th January for the World Future Energy Summit.

SiC Processing GmbH preliminary assessment

After the filing for approval of protective shield proceedings on 18 December 2012 the SiC Processing management estimates that after a preliminary assessment that the quota for recovery, if any, of unsecured creditors will be significantly lower than reflected in the company’s bonds’ quoted current market price.

Tough first quarter, but prices to stabilize in 2Q2013

IHS reports that a surge in demand was seen in the final quarter of 2012 for PV modules, despite 3Q 2012 having had low factory utilization rates across the PV supply chain. The first quarter will be tough but thereafter, a substantial increase in global demand is forecast to drive increasing revenues and stabilizing prices in the second half of 2013.

California: Net-metering works

A study commissioned by the Vote Solar Initiative has found that net-metered rooftop solar has the ability to provide more than US$92 million in annual benefits to ratepayers of California’s three investor-owned utilities.

IRENA general assembly 2013

“Despite the global economic crisis, 2012 has been a good year for the development of renewable energies,” declared Adnan Z. Ameen, Director-General of the International Energy Agency (IRENA) on Sunday.

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