Global solar PV demand in Q1 2014 showed a 35% increase over the same period last year, according to figures released by NPD Solarbuzz in its latest quarterly report. The same report predicts that all quarters of 2014 will hit new peaks following a record-breaking 2013.
The country is also increasingly working with Turkey on a number of ambitious energy projects, including a plans to build 1 GW of capacity and a 450-kilometer-long submarine electricity line connecting the two countries.
As part of the two countries’ cooperation on environmental protection and sustainable development, Italy is providing aid for the development of solar facilities in El Fayoum.
The 14th UECT international conference in Ulm will also highlight the boom in electric vehicles. A new report shows the number of electric cars has risen to 400,00 worldwide.
Germany’s PV equipment and plant manufacturers are cautiously optimistic and expecting a 25 percent increase in revenue this year despite lacking a plan to ensure their competitiveness in the medium term.
The solar industry is liable to have a great future despite currently being cowed by a faltering world economy and competition from Asia, according to a new report by management consultants McKinsey.
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