While the U.K.’s main energy companies are accused of profiteering, solar has assumed a larger role in the country’s energy landscape despite impending subsidy cuts.
India’s Ministry of New and Renewable Energy has released figures that show only 297 MW of the country’s 1.38 GW solar cell production capacity is currently under operation. The situation is only slightly better for the solar module sector.
The Australian solar industry has welcomed the announcement today by businessman turned politician Clive Palmer that he will support the Renewable Energy Target (RET). The votes of Mr Palmers political party to maintain the RET, the Clean Energy Finance Corporation (CEFC) and the Climate Change Commission is likely to reinvigorate the large scale PV sector and maintain support for residential and commercial PV.
Some homeowners in the U.S. have reportedly had to lower the asking price of their property as buyers are reluctant to take on ‘unfamiliar’ solar leasing contracts.
The peak body representing Germany’s renewable energy industry, the Bundesverband Erneuerbare Energie (BEE), has slammed the “reboot” of the EEG the legislation underpinning renewable energy development in the country. The BEE says that mandatory direct marketing of renewable energy, or through sales on the wholesale market or to brokers, will significantly increase the costs imposed on the sector.
The latest figures show solar – with 907 MW – was the biggest renewable energy contributor to new electricity generation capacity in the US in the first five months of this year. Five solar projects added 156 MW in May.
Solar crowdfunder Mosaic is encouraging Americans to nominate community buildings on which they would like to see solar installed, on its #PutSolarOnIt national day of action today.
Solar energy demand in major and emerging end markets has finally closed the gap with the industry’s overcapacity. After two years of belt-tightening, here’s what the future holds for PV manufacturers.
Following the news that SolarCity had purchased solar panel maker Silevo, solar panel stocks around the world enjoyed a notable surge.
Elon Musk’s solar company has snapped up the panel maker as it seeks closer control of its supply channels and equipment costs.
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