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Global PV markets

Brazil raises the price cap for its November solar auction

The price cap of 381 Reals is higher than that in August’s solar auction. More than 20 GW of solar projects have pre-registered for bidding.

Brazil lifts the price cap for its November solar auction

The price cap of 381 Reales is higher than that in August’s solar auction. More than 20 GW of projects have pre-registered for bidding.

China aims for 150 GW of solar PV by 2020

The nation has again raised its targets for PV deployment, with a goal to install 20 GW annually from 2016 through 2020.

19% of Chile's electricity to be solar in 2050

Chile’s government roadmap calls for 41% of the nation’s electric demand to be covered with solar and wind, with nuclear phased out.

Trade case: Taiwan investigates 7 solar manufacturers

Taiwan’s Ministry of Economic Affairs is reportedly investigating seven local solar manufacturers who have been labeling products made in China as coming from Taiwan, before shipping them to Europe. The companies were fined in July; shortly afterwards Taiwan issued a new export policy.

IHS increases 2015 PV forecast to 59 GW, 2016 to 65 GW

IHS Inc. has raised its global solar PV forecasts for the next two years, to 59 GW and 65 GW, respectively. The U.S. and China are leading the charge. In 2019, meanwhile, over 70 GW is expected to be installed.

5 MDBs pledge $170 billion in climate financing

Ahead of the 2015 United Nations Climate Change Conference, or COP21, five multilateral development banks (MDBs) have pledged to increase climate financing to US$170 billion over the next five years.

Welspun Renewables receives US$617 million in funding

The Indian developer is reporting a massive infusion of debt, equity and credit to fund its renewable energy business, but details are sparse.

Bosch exits PV with thin film closure

Marking its exit from the PV industry, Bosch has announced it will close thin film PV development site, Bosch Solar CISTech GmbH, having failed to find a suitable investor. An exact date for the closure has not been given. 180 employees will be affected.

Punjab aims for full sustainability

Leaders in the Indian state have reiterated their commitment to solar photovoltaic power as they inaugurate the region’s largest green energy project.

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