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Global PV markets

Solar venture capital funding on the rise

According to preliminary figures, 2011 venture capital (VC) funding in the solar industry has already exceeded 2010 levels, having risen from $1.67 billion last year, to $1.71 billion as of November 30, 2011.

Moser Baer’s ambitious US$1 billion solar plans

Moser Baer, one of India’s largest solar companies, has unveiled its ambitious expansion plans for the next nine months.

China: Oerlikon and CRES sign thin film MOU

Oerlikon Solar and the International Cooperation Center for China Renewable Energy Society (CRES) have signed a memorandum of understanding (MOU) under which they intend to collaborate on the development of thin film silicon technology in China.

Scatec Solar to build 75 MW PV plant in South Africa

Norwegian company, Scatec Solar has today announced that it has been selected as a preferred bidder for a 75-megawatt (MW) South African photovoltaic park.

Intersolar China: Looking forward

Intersolar China drew to a positive close today in Beijing. What became clear was the great interest in photovoltaics in China, as well as the enormous market opportunities of a growing Chinese domestic market.

70 MW Spanish PV park to be realized

Germany’s BayWa Ag and Wirsol are to build Spain’s biggest photovoltaic park. The two parties have formed a joint venture to realize the €150 million, 70 megawatt (MW) project.

Africa: €400 million being raised for renewable energy; 6.5 MW PV project underway

ix:Africa, with the help of European merchant bank, NextEnergy Capital, is planning to establish a €400 million to €550 million private equity impact fund, which will help develop renewable energy and clean technology projects in Africa. The two are also working on a 6.5 megawatt (MW) photovoltaic project in South Africa.

First Intersolar China gets off to a slow start

Solar Promotion International’s first Chinese trade show got off to a slow start today in Beijing, China, with fewer than expected visitors and exhibitiors attending the event. It is clear that China’s photovoltaic industry is expanding agreeably, however.

Australia’s 500,000 solar homes

In a report released yesterday at the UN climate negotiations in Durban, the Clean Energy Council of Australia has revealed that more than 500,000 homes in Australia feature photovoltaic systems.

BIPV prospects in Japan bright, despite declining margins

PV Japan kicked off yesterday in Tokyo, Japan, under sunny skies portending a bright future for Japan’s photovoltaic, and BIPV market. However, it is clear that overcapacity, and declining prices and margins have impacted both exhibitor numbers, and company strategies.

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