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Chinese companies lead global solar developer rankings State Power Investment Corporation (SPIC) and GCL New Energy have taken the top spots for installed capacity, but Canadian Solar and First Solar are showing impressive pipelines.
Christian Roselund
Feb 15, 2018
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Spain’s Balearic Islands proposes ambitious 100% renewable energy law Blasting the Spanish Government for its lack of renewables action, the Balearic Government has today issued an ambitious Climate Change Law designed to kick start a renewable energy transition on the four islands of Mallorca, Menorca, Ibiza and Formentera. Overall, it aims to cover 100% of energy demand with renewables by 2050. 230 MW of solar PV are alerady in the pipeline.
Becky Beetz
Feb 15, 2018
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SunPower continues to bleed red ink Due largely to write downs, the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
Christian Roselund
Feb 15, 2018
3
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Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
Ian Clover
Feb 15, 2018
1
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Japan to install up to 7 GW in 2018 despite cancellation of 14.6 GW of approved capacity — report Japan will likely install 6 GW to 7.5 GW (DC) of solar in 2018, from about 7 GW in 2017, despite government efforts to cancel approvals for projects that were registered under the country’s old feed-in tariff (FIT) program, according to a new report.
Brian Publicover
Feb 15, 2018
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AECEA: Solar to overtake wind in China A new report from the Asia Europe Clean Energy Associates (AECEA) expects solar to overtake wind energy in 2018 as China’s third largest source of power generation. AECEA is calling 2018 a ‘transition year’ for PV in China, as new regulations reshape the market, which is still expected to reach 250 GW installed capacity by the end of 2020.
Mark Hutchins
Feb 15, 2018
1
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All metrics point upwards as SolarEdge posts strong 2017 financials The Israel-headquartered producer of power optimizers and inverters enjoyed a record year in 2017, increasing revenue by 24% to US$607 million and shipping more than 2.5 GW of inverters worldwide.
Ian Clover
Feb 15, 2018
1
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US government funds $253 million in international solar during 2017 The U.S. government’s Overseas Private Investment Corporation (OPIC) increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
Christian Roselund
Feb 14, 2018
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Trina Solar hits new efficiency record for IBC cell Trina Solar has set a new record of 25.04% total area efficiency for an n-type interdigitated back contact (IBC) solar cell. The record has been independently verified by Japan Electric Safety and Environmental Technology Laboratory.
Mark Hutchins
Feb 14, 2018
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