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Global PV markets

Ethiopia aims for 300 MW of solar energy

Ethiopian Electric Power has tapped U.S. company Green Technology Africa to help develop 300 MW of solar power in the country, which is making an aggressive drive to expand electricity capacity from its current 55% coverage to 75% by next year.

Alevo sets up gigfab in US, expands storage operations in China

The Swiss energy storage startup is setting up a new gigawatt-scale battery production facility in a former cigarette factory in North Carolina and has signed a deal with China-ZK to sell its products and technology in China.

Hanwha Q CELLS to build 800 MW module fab in Malaysia

Construction start in early 2015, ramp-up to be completed by early 2016.

Sunrun, Outback Power partner on energy storage pilot project

As part of the program, Sunrun will combine and test OutBack Power’s technology consisting of weather-resistant batteries and inverters with home solar systems in both indoor and outdoor environments.

SunPower posts 70% drop in third-quarter profit

The California company’s revenue between July and September was on par with its third-quarter result last year despite the hefty drop in profit. North America remains SunPower’s biggest market.

Israel testing industry with lowest FIT rates possible

Israel’s electricity market regulator PUA surprised everyone on Tuesday by suggesting a feed-in tariff for the Timna solar park lower than initially agreed. Israel has decided to develop its PV sector further and is attempting to do so at the lowest cost possible, testing the industry.

Hanergy & Heliatek complete BIPV HQ installations

China’s Hanergy has finalized phase I of its 3 MW building integrated photovoltaic installation, while Germany’s Heliatek completes installation using organic glass facade.

Solar glass prices to stabilize as trade sanctions bite, says IHS

Having fallen by 50% in the past five year, solar glass prices will rise next year following the introduction of CV duties by EU on Chinese suppliers.

SolarWorld preliminary Q3 results reveal 50% shipment increase

The German solar company shipped 270 MW of modules and kits in Q3, a year-on-year increase of 50% and 40% up on Q2.

Solar power key for Saudi future, says energy chief

Executive director of Saudi Electricity Company says solar energy is a must, not a choice, at opening event of Solar Arabia Summit.

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