India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).
Germany’s Fraunhofer ISE has made a modest, 70-panel installation of new crystalline PV cell and module technologies produced by the institute on the outside of one of its laboratories.
Sonnenbatterie, Germany’s market leader for residential energy storage, has launched an energy trading platform that the company believes in time could make it even bigger than today's existing utility companies, rebranding as Sonnen in the process.
The Latin America region saw 181MW of utility-scale solar PV come online in Q3 2015, down 50% from the historic 363MW of installations in Q2, but still helping the market's ability to strengthen growth and move towards maturity in 2016, according to GTM Research’s ‘Latin America Q3 Playbook’.
Spain-based renewables firm Abengoa began insolvency proceedings yesterday after Gonvarri, an arm of industrial group Gestamp, decided against a plan to invest around EUR350 million (US$371 million) into the company.
Brazil’s energy regulator the National Electric Energy Agency (ANEEL) has approved an “historic” revision of the country’s net metering scheme for small-scale renewable energy systems, making it amongst the most forward-thinking countries in this sector, according to Rodrigo Sauaia, the director of Brazil’s solar industry association, Absolar.
Independent PV power producer Sky Solar Holdings has reported relatively flat third-quarter revenue as it remained conservative in its capital allocation for building PV projects, while continuing to focus on completing projects in Japan, due to its financing partnerships in the country.
Saudi-owned Spanish firm Fotowatio Renewable Ventures has signed an agreement with Jordan’s utility company to build a 50MW PV power plant in the country.
Struggling ‘Silicon Module Super League’ member Yingli Green Energy has missed shipment guidance for the third quarter and will take a non-cash impairment charge of US$581.3 million on long-lived manufacturing assets, due to lower utilisation rates.
