Tony Abbott’s government has finally approved the reduction of the country's Renewable Energy Target (RET) from 41,650GWh to 33,000GWh by 2020 after 15 months of uncertainty for the solar sector.
UK energy and climate change secretary Amber Rudd has said the new Conservative government “does not want large-scale solar” as MPs clashed over the recent decision to bring a premature end to onshore wind subsidies.
The UK solar industry connected 2.53GW of new solar capacity to the grid in the first quarter of 2015, according to the latest figures obtained by Solar Intelligence.
Thin-film is better suited to compete across all market segments with its conventional rivals than ever before, despite generally recording lower conversion efficiencies, Solar Frontier CEO Atsuhiko Hirano has said.
Japanese telecoms provider-turned solar developer Softbank is planning to provide funds and expertise for 'mega' solar PV plants in India and to form a joint venture with Foxconn and Bharti.
The Multilateral Investment Guarantee Agency (MIGA), an arm of the World Bank, will provide US$56.7 million investment for 80MW of solar power projects being developed by SunEdison in Honduras.
