US: SEIA forecasts 25-50% solar market growth in 2016
SEIA forecasts 25-50% market growth in all U.S. solar sectors by 2016. Analyzing the industry from 2004 to 2014, the association finds “huge” growth rates in the employment and investment sectors, in addition to solar deployment. It forecasts 40 GW of cumulative capacity by the end of 2016.
Yingli Green Energy reveals hefty debt burden, may have to liquidate assets
The leading solar manufacturer issues SEC filing in which it raises specter of inability to meet its outstanding obligations, which currently stand at more than $1.6bn.
Tesla Powerwall battery coming to Germany in Q4
The announcement of a new and low-priced home battery from U.S. manufacturer Tesla is has generated quite a buzz in Germany, although many questions have remained unanswered — until now. pv magazine speaks to Tesla about its latest offering.
Russian government to sell Crimean solar plants to private investors
Distressed Crimean PV power plant projects look set to be sold to Russian energy giants at the behest of the government. Foreign buyers are also said to be interested in purchasing the assets.
Deutsche Bank: yieldcos driving bullish solar outlook
Stock analyst Deutsche Bank has produced an investment note in which it has expressed a bullish outlook for solar. Deutsche notes that yieldcos in both established and emerging solar markets are proving to be a major driver of growth the solar sector.
Solar Frontier to develop 100 MW in UK
Japanese thin film producer and project developer Solar Frontier has entered into agreement to supply and construct a 100 MW pipeline of projects in the UK. Construction on the first project will take place in Q3 2015.
SMA enjoys strong Q1 sales growth, expands international footprint
The German inverter manufacturer increases year-on-year sales to $254.7 million, driven by growth in the large-scale sector. Hefty staff reduction almost completed.
EPIA launches O&M best practice taskforce
The European Photovoltaic Industry Association (EPIA) has launched an Operations and Maintenance (O&M) taskforce to develop best practice guidelines for the fast-growing sector. EPIA brought together stakeholders, service providers and asset managers, with the group meeting for the first time on April 23.
Germany: KfW subsidizes over 10,000 solar battery systems
Demand for solar power storage systems in Germany is continuing to rise, with reports that over 10,000 storage batteries for PV systems have been subsidized since 2013. Q1 2015, meanwhile, has seen a 40% YOY increase in the subsidization of such systems.
E.ON, Sungevity announce plans for German solar market
Germany’s E.ON has announced it will work together with U.S. start-up Sungevity in the German energy market. Details on the investment sum were not provided.
