When Abigail “Abby” Ross Hopper assumes her duties as president and CEO of the Solar Energy Industries Association next week, it signals a new course for the national association and ushers in an era when the five most powerful association positions in the U.S. solar industry will be held by women.
Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.
While those within the U.S. are understandably nervy after Trump’s victory, global observers have taken a more sanguine view on the potential impact of his Presidency on solar markets.
IBC Solar has completed 23.5 MW of projects across eight sites in Germany. The PV power plants were developed under Germany’s large-scale solar tender program and will receive the full FIT awarded under the tender process, as they have been completed within 18 months of having been awarded.
The residential solar installer is still struggling following SunEdisons failed acquisition, but reported record low prices and improved results.
China’s National Energy Administration (NEA) announced that the previous target of 150 GW of installed PV by 2020 will be cut by 20% to 110 GW, as it cools its solar industry that had been enjoying an unprecedented boom within the country.
As reported earlier this week, the Oil and Gas Climate Initiative (OGCI) is to invest $1 billion over the next ten years in the development and deployment of innovative low emissions technologies. Funds unlikely to find their way towards renewable industry.
Touted as a solar market to watch in the coming years, Irish politician Denis Naughten has poured cold water over hopes of further government support, suggesting subsidies could lead to excessive electricity bill increases.