Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.
PV inverter manufacturer SMA Solar Technology has made a US$20 million investment in module-level power electronics (MLPE) firm, Tigo Energy for a 27% stake in the company.
Global clean energy communications and consulting firm Mercom Capital has released its report on funding and merger and acquisition (M&A) movements for the PV market in the first quarter of 2016.
Closely following a senate bill to cut greenhouse gas emissions passed last week, Maryland’s legislature continues its green streak by voting in a measure that would increase the state’s renewable energy mandate to 25% by 2020.
French renewable energy firm EDF Renewable Energy has signed a 15-year Power Purchase Agreement (PPA) with Southern California Edison (SCE) for 111.2MW AC PV power plant.
The financial woes of US developer SunEdison would only have a small impact on India’s overall solar deployment targets and any incomplete PV projects would be retendered immediately, Tarun Kapoor, joint secretary of India’s Ministry of New and Renewable Energy (MNRE) has told PV Tech.
Leading PV manufacturing equipment supplier Meyer Burger has received a major PERC (Passivated Emitter Rear Cell) upgrade order from ‘Silicon Module Super League’ (SMSL) member JA Solar.