Turkey’s solar market heats up
A new manufacturing facility and increased activitiy from domestic as well as foreign players is boosting Turkey’s solar sector despite some regulatory obstacles.
IEA PVPS: Installed PV capacity at 227 GW worldwide
China remains the world’s biggest market, heading towards 15.3 GW, well ahead of the EU and the U.S. with more than 7 GW each. The IEA PVPS describes India, with 2 GW, as “the rising star in the PV sector.”
SMA acquires stake in US firm Tigo Energy
The leading German inverter manufacturer has purchased a 27% share in the California-based company with the aim of tapping into the smart module technology market.
SolarCity closes $150 million financing facility for commercial solar and battery storage
In addition to its new financing vehicle, which is aimed at solar projects for businesses, schools and government agencies, SolarCity has appointed former FERC Chairman Jon Wellinghoff as its new chief policy officer.
Germany's Abakus Solar applies for preliminary insolvency
German PV company Abakus Solar AG on Thursday applied for the initiation of preliminary insolvency proceedings in a local court in the city of Essen.
The pv magazine weekly news digest
Tesla continued to shake up the auto industry this week with a new, more affordable model. In addition, a new forecast by BNEF sees solar capacity reaching stratospheric levels in the next 15 years while troubled SunEdison is eager to find a buyer for its solar assets in India, which it hopes to offload for $1 billion.
Mexico solar capacity to surge 521% this year, says GTM Research
Encouraging PV performance in the country’s first Clean Energy Auction prompts GTM to revise its forecast; analysts now expect Mexico to add 646 MW of PV in 2016.
SolarPower Europe leads cross-sector clarion call for more flexible power markets in EU
Industry associations including wind, solar, gas and storage sign declaration calling on EU to drive electricity market reforms this year that will deliver more flexible power markets and systems compatible with renewable energy and storage.
Welspun Energy and ABB report 700 MW of PV installed in India
ABB and Welspun Energy have together installed about 700 MW of solar PV projects in India.
Hawaiian Electric partners with Varentec to test island PV integration technology
The Hawaiian utility embarks on pilot project using Varentec’s grid optimizers and management systems to test ways to minimize voltage fluctuations on island grids with high solar penetration.
