330 GW of global PV capacity predicted by 2020
The sky is the limit for photovoltaic market growth, which is expected to more than triple by 2020, according to a report just released by London-based research firm GlobalData. It says growth is being stimulated by two major forces. Challenges are present, however, including issues over existing grid infrastructure.
PV power optimizer shipments to reach 4 GW by 2016
Ash Sharma, director of solar research at IHS Solar forecasts double digit growth in photovoltaic power optimizers over the next two years, despite the fact they are not said to be economical in well-designed installations. In the following interview, he discusses the market with pv magazine.
Greece: PV success amid great challenges
The Greek photovoltaic market was worth around 523 million in 2012 over double that of 2011 according to a recent report published by Greek consultancy Stochasis Management Ltd. The figure corresponds to an average annual growth rate of 196.8% for the years 2009 to 2012.
Photon Publishing takes over insolvent Photon Europe
With retroactive effect as of February 1, the newly established Photon Publishing company has taken over the business operations of Photon Europe. Creditor approval is still pending, however.
Insolvency proceedings officially open for Photon Europe
Insolvency proceedings against Photon Europe have been officially opened in Aachen, Germany. A spokesperson for the liquidator said intensive discussions are underway with a potential investor. How much money the creditors will receive back is unclear.
Solar glass anti-dumping compliant filed in Europe
EU ProSun Glass, led by GMB Glasmanufaktur Brandenburg GmbH, has filed an anti-dumping complaint with the European Commission against Chinese solar glass manufacturers exporting product to Europe.
Lithuania halts solar development
The Lithuanian Government has announced it will not permit the construction of any new solar facilities, in a bid to halt the “rapid” development of the project industry. The amendments are expected to be passed on March 1.
Italy: Solar share retreats as part of Enel energy mix
Italian renewables provider Enel Green Power’s consolidated results for 2012 paint a picture of growing revenues and profits coupled with a growing debt pile.
Emmvee develops first solar park in India
India-based Emmvee PV Power is developing a 20 MW solar park at Hindupur in Andhra Pradesh state.
Japan: Solar lifts the gloom for Kyocera
Increasing demand for solar in Japan and the cost reductions found from the plunging price of polysilicon helped electronics giant Kyocera mitigate group losses from falls in demand for its non smartphone mobiles, PCs and flat screen TVs.
