The road will be “bumpy”, but solar in the US will continue outstripping predictions by traditional energy forecasters, reaching its next order of magnitude increase in installed capacity by 2030, according to an analyst at GTM Research.
'Silicon Module Super League' member Canadian Solar is to allocate around US$401 million in capital expenditures through the end of 2016 to significantly increase in-house wafer, cell and module production capacity and locate new plants in multiple countries.
The International Energy Agency has heralded the beginnings of a global shift to low carbon energy sources, but reiterated earlier calls for bolder action in the pending COP21 climate talks in Paris.
A Deutsche Bank specialist in renewable energy investing will join US-based solar project developer and engineering, procurement and construction (EPC) firm Pristine Sun.
Taiwan-based wafer producer, Sino-American Silicon (SAS), has reported sales in October 2015 of NT$2,335 million (US$71.3 million), down 5.59% on the previous month.
Renewable energy development company SunEdison has finished construction on New Hampshire’s largest solar power plant — a 942kW DC facility for the town of Peterborough.
Market research firm IHS has forecasted a slowdown in global solar PV demand growth in 2016 but the market is expected to reach around 65.5GW, compared to 58.7GW forecasted for 2015.