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Global PV markets

Nigeria’s solar hopes stall

Nigeria is considered an emerging economy that has the potential to drive a dynamic domestic solar PV market. But the global oil price plunge and a national currency crisis have stalled hopes.

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South Africa: SolarEdge, Tesla Powerwall rollout begins

SolarEdge’s storage solution, based on a single DC optimized inverter that manages and monitors PV production, consumption and storage, is compatible with Tesla’s Powerwall home battery.

India: Tata Power to build 100 MW of solar in Karnataka

Tata Power is aiming to generate 30 to 40% of its total generation capacity from non-fossil fuel sources by 2025.

TerniEnergia lands $19.2 million order for solar PV project in Egypt

The Italian smart energy company will build the large-scale solar PV plant in the southern Benban region in Aswan.

ReneSola partners with UCK Group to build 116 MW of PV in Turkey

ReneSola signs framework agreement with a solar energy solution provider UCK Group to develop a 116 MW pipeline of PV projects in Turkey.

Germany: Merkel cabinet approves e-vehicle subsidy measures

The government and automakers will share the costs of the EUR 600 million rebate incentive, which will be available until 2019 or until the government share of the funding runs out.

The pv magazine weekly news digest

Renewable energy developments in Germany and Argentina topped the news this week but also making waves was a report that global off-grid solar sales grew 40% in 2015 while India unveiled what is said to be the largest rooftop solar installation in the world.

Renewables power Portugal for four days straight

Solar, wind and hydro combine over extraordinary four-day period between May 7 – 11 to generate enough clean energy to keep Portugal’s lights on during that time.

London welcomes largest council-backed rooftop solar+storage installation

The Borough of Hounslow in the U.K. capital has invested GBP 2 million in a 1.73 MW rooftop solar array that will be supported by an onsite storage facility – the largest of its kind in the country.

Singulus pins hopes on big CIGS orders after disappointing Q1

The German PV equipment manufacturer posts weak sales and negative EBIT figures for the first quarter of 2016, but says it is hopeful that “extensive” CIGS orders still in negotiations can be concluded soon.

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