MEPs representing all of the major groups in the European Parliament have called on the European Commission to end trade restrictions on Chinese solar products.
The cost of solar and wind power in comparison to fossil fuels has fallen this year according to detailed analysis by Bloomberg New Energy Finance.
A new report from the International Renewable Energy Agency (IRENA) highlights the potential impact that renewable energy could have on the African continent in 15 years.
PV power company Canadian Solar announced that it has completed the purchase of three operating PV projects totaling 59.8MW from investment firm KKR.
Major renewable energy firm, SunEdison is to officially cut its global workforce by 15%, according to an SEC filing.
Germany plans to offer around EUR1 billion (US$1.12 billion) in concessional loans for Indian solar projects over the next five years as part of an Indo-German Solar Energy Partnership, signed in a memorandum of understanding.
Major renewable energy firm SunEdison is expected to reduce guidance on project completions for 2016, according to an investor note from Deutsche Bank analyst, Vishal Shah.
Major renewable energy firm, SunEdison is undertaking a round of redundancies as a result of its numerous acquisitions to reduce duplication and simplify its business structure.
Leading microinverter manufacturer Enphase Energy has appointed veteran Philips Electronics executive Peter van Berkel as its general manager for Europe, the Middle East and Africa (EMEA).
The viability of PV projects coming out of the three latest state solar auctions in India is “quite low”, according to an initial examination from consultancy firm Bridge to India, but industry opinions differ over the quality of project returns.
Kyocera Corporation (Kyoto, Japan; Neuss, Germany ) on October 6th, 2015 announced that it has concluded a technology licensing agreement with Hanwha Q CELLS Japan Co., Ltd. (Tokyo).
The agreement reportedly features a license for Kyocera’s Japanese patent related to a “three-bus-bar electrode structure” that increases energy conversion efficiency in solar modules and includes a mutual exchange of patent licenses between the two companies to be executed in the future.
2015 has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published on October 6th, 2015 by Bloomberg New Energy Finance (BNEF).
The research company’s Levelised Cost of Electricity Update for the second half of 2015, based on thousands of data points related to individual deals and projects around the world, shows that onshore wind and crystalline silicon photovoltaics (PV) – the two most widespread renewable technologies – have both reduced costs this year, while costs have gone up for gas-fired and coal-fired generation.
The multinational OPDE, who specialise in the development, construction and operation of solar photovoltaic (PV) farms, started construction works on three new PV plants located in England.
The new installations will reach a combined capacity of 30 MW with an electrical generation sufficient to power 12.375 homes, the company notes.
Canadian Solar Inc. (Guelph, Ontario), on October 2nd, 2015 announced it has closed on the purchase of three operating solar photovoltaic (PV) plants totaling 59.8 MW AC from Kohlberg Kravis Roberts & Co. (KKR, New York City).
The total approximate enterprise value of this transaction is USD 203.7 Million. In conjunction with this acquisition, Canadian Solar also closed a USD 50 million loan with Credit Suisse, who also acted as sole financial advisor on the transaction.
The African continent could cover nearly a quarter of its energy needs through the use of indigenous, clean, renewable energy by 2030, according to a new report by the International Renewable Energy Agency (IRENA).
“Africa 2030 – a comprehensive roadmap for Africa’s energy transition,” finds that a combination of modern renewable technology could realistically meet 22 per cent of Africa’s energy needs by 2030, a more than a four-fold increase from just five per cent in 2013.
SolarCity Corp. (San Mateo, California, U.S.) on October 2nd, 2015 announced that the company has built the world’s most efficient rooftop solar photovoltaic (PV) panel, with a module efficiency exceeding 22 percent.
The new SolarCity panel generates more solar power per square foot and harvests more energy over a year than any other rooftop panel in production, and will be the highest volume solar panel manufactured in the Western Hemisphere, reads the press release.
CHORUS Clean Energy AG (Neubiberg near Munich, Germany), a company specializing in the operation of solar photovoltaic (PV) and wind power plants, has set the offer price of its shares in connection with the initial public offering (IPO) at EUR 9.75 per share.
Energy ministers from the G20 countries and heads of international organizations affirmed their commitment to renewable energy at the first-ever G20 Energy Ministers Meeting in Istanbul on October 2nd, 2015 the International Renewable Energy Agency (IRENA) reports.
The high-level participants endorsed an 11-point Communiqué, including the adoption of a renewable energy toolkit, which provides options for G20 countries to take a long-term, integrated and sustainable approach towards enhanced deployment of renewable energy. This year, under the Turkish presidency, marks the first time renewable energy is on the G20 agenda.
Arizona Public Service (APS) on October 1st, 2015 announced it is issuing a request for proposals (RfP) to test the market for new large-scale solar photovoltaic (PV) installations in Arizona that could be developed in partnership with large commercial and industrial customers.
During the 70th United Nations General Assembly in New York, SkyPower Global (Toronto, Ontario, Canada), a developer and owner of utility-scale solar photovoltaic (PV) projects, made an announcement with Prime Minister Hasina, unveiling its plans to build 2 gigawatts (GW) of utility-scale PV plants over the next five years in Bangladesh, representing an investment of USD 4.3 billion.