Latin America is forecast to install 2.2GW of PV in 2015, a 352% increase from 625MW in 2014, according to the recently released “Q1 2015 Latin American PV Playbook” report from GTM Research.
European solar power services company Photon Energy claims an emphasis on new business areas including operations and maintenance (O&M), opened up new revenue streams to boost its group performance in the past quarter.
Australia’s government and opposition have agreed to set the country's Renewable Energy Target (RET) at 33,000GWh by excluding controversial plans for two-yearly reviews.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
The US Department of Energy’s National Renewable Energy Laboratory (NREL) has agreed to a partnership with the China PV Investment and Finance Alliance (CPVFA) in order to reach the objective of opening wide-scale and varied sources of investment in PV asset development in China.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.