Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
According to Taiwan-based market research firm EnergyTrend, a division of TrendForce, demand for monocrystalline wafers in China is increasing due to capacity constraints with mainstream multicrystalline wafers.
PV Cycle, a not-for-profit compliance and waste management programme solar PV technology in Europe, has achieved a record recycling rate of 96% for silicon-based PV modules.
French PV company EREN Renewable Energy and developer Access Infra Africa, a subsidiary of Access Power, have begun construction of a 10MW solar PV plant in Uganda, which will be the largest project in the Eastern region of Sub-Saharan Africa once complete.
The deregulated electricity market which Japan launches in April could be a long-term way for PV’s contribution to the country’s energy mix to exceed the industry and government target of 7% by 2030.
Chile’s cumulative installed solar capacity has surpassed 1GW, according to the latest figures from Chilean renewable energy research institute (CIFES).
Brazil’s energy regulator ANEEL has approved a further nine projects from its 1.5GW Reserve Energy Auction held last November, bringing the total of qualified renewable energy projects to 52 out of the 53 awarded.