Michelle Bachelet, President of Chile, has signed off on a new energy strategy for the South American country, which sets a goal of generating 70% of national electricity generation from renewable sources by 2050.
Collaboration by the U.S. Energy Department's National Renewable Energy Laboratory (NREL) and at the Swiss Center for Electronics and Microtechnology (CSEM) has set a certified record conversion efficiency of 29.8% for a III-V/Si solar cell.
Canadian Solar subsidiary Recurrent Energy has secured a tax equity investment commitment with GE Energy Financial Services for its 75MW Astoria 2 (previously 100MW) solar power project in California that is currently under construction.
Major photovoltaics energy provider (PVEP) SunPower has created a new executive position with the appointment of renewables energy veteran Eduardo Medina as its executive vice president of power plants.
The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
A 45.6MW DC solar farm in northern Japan has been switched on by Japanese financial services group Orix Corporation and its joint venture (JV) partner Sharp.
Electronics and PV module manufacturer Panasonic has increased its ‘HIT’ module product guarantee in European markets from 10 to 15 years, bringing it in-line with guarantees given by many rivals.
Spain’s Constitutional Court has rejected an appeal by the Spanish region of Murcia against retroactive cuts on the use of solar power, according to a release from the Spanish Government.