COP21: India to install 12 GW of solar in 2016
At the unveiling of the International Solar Alliance on the first eve of COP21, Indian Prime Minister Modi said India will see 12 GW of new solar capacity installed in 2016. He added that the alliance is a “sunrise of new hope” for clean energy. US$30 million will be invested in establishing its HQ. Overall, the alliance aims to mobilize US$1 trillion in solar investment.
Next-gen battery market to grow to $10bn in 2030, says Lux Research
Dominance of lithium-ion based storage technology will continue for next decade, report says, but next generation technologies will increase their market share thanks to wider adoption in e-mobility industry.
Massachusetts reaches nearly 15,000 solar workers
The state’s latest report on clean energy found 14,820 workers in Massachusetts’ solar sector, at the very moment when the industry is threatened by legislative inaction on net metering caps.
Forum Solarpraxis: From energy decentralization to digitization
The energy sector has undergone huge changes over the last years, mainly due to the decentralization of energy systems and the increasing role of renewables. While the sector’s defining characteristics continue to shift, a new trend has emerged: the digitization of energy. What it is, and who will benefit the most was discussed at this year’s Forum Solarpraxis.
India and France to launch solar alliance on opening day of COP21
Solar alliance first of many anticipated agreements and pledges over the coming two weeks in Paris, which could prove crucial in determining how the globe tackles climate change in the few years.
TSMC announces complete solar exit
Chinese semiconductor giant TSMC has announced its intention to withdraw completely from the solar sector. It will immediately sell a 6% stake in Motech Industries, with its remaining 6% to be divested “in an orderly manner.”
Yingli, R.Power expand Polish solar portfolio to 60 MW
Yingli Green Energy and R.Power Sp. z o.o. have said they will build 60 MW worth of ground-mounted solar PV projects in Poland, up from the 30 MW announced last year. They are scheduled to be included in the countrys 2016 and 2017 auction systems.
India plans $1bn private equity fund for solar and renewables
Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.
Abengoa US yieldco faces uncertainty as parent company opens insolvency proceedings
Commencement of insolvency proceedings in Spain sparks real fears of contagion for Abengoa Yield, the U.S.-based subsidiary of the Spanish renewable energy company.
Ecosolifer chooses Santa Catarina for its Brazilian PV module factory
The company plans to manufacture its multi-junction PV modules in the Southern Brazilian state, and is currently investigating locations.
