Wacker, Baywa r.e. and MVV, three major German companies in the energy sector, have called for an end to the minimum price regime applied to Chinese modules. The companies claim the minimum price regulation is standing in the way of German market growth.
2015 looks set to be another year of growth for the global solar market with new installations set to reach 57.4 GW. Mercom Capital delivered the prediction its Global Solar Forecast, published this week.
Indian subsidiary of the German renewables company begins construction on a 39 MW PV plant in Southern India, which will increase its Asian solar portfolio to more than 400 MW.
The residential community scheme aims to bring solar power to 5,000 homes by December, and is one of the largest such programs in the U.S.
Solar PV technology has already exceeded its deployment goals under the European Commission’s renewable energy targets. Overall, the EU is on track to meet its 2020 targets, with renewables accounting for a projected 15.3% of overall European energy consumption in 2014.
Analysts forecast global growth of 36% on last year, with Asia accounting for more than half of an expected 55 GW deployed, Europe to begin an upswing.
Fraunhofer spinoff, NexWafe GmbH plans to set up a 250 MWp production line for its kerfless wafer production. The first pilot line is expected to begin in 2017.
The investment opportunities and business models in the energy storage industry need to be identified, writes Ernst & Young. In the energy industry in general, more focus needs to be placed on the customer, with utilities adapting their traditional supply and demand models. Energy security in the Mediterranean is also a top priority.
Germanys Fraunhofer has announced the launch of a spin-off company, NexWafe GmbH to transfer its kerfless wafer production technology into production. Fraunhofer Venture will supply seed funding.
Intersolar Europe opened its doors this week, prompting a flurry of bullish solar market reports outlining a glittering future for the renewable energy. That is, if the politicians and regulators play along. Energy storage was one of the most discussed topics (both at the show and in the wider industry), although inverters, India, Britain and the U.S. were also in the spotlight. Finally, two solar companies unveiled details of their upcoming IPOs.
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